Brazilian beef production is expected to end 2022 at 8.115 million tonnes, the lowest level in more than 20 years, while exports are expected to reach a new record, according to projections published by the National Supply Company on Monday.
The demand for corn from Brazil should remain firm this year, even in the face of the possibility of resumption of shipments from Ukraine, one of the main global suppliers of the cereal and a competitor of Brazilians in exports, in the assessment of industry members and analysts interviewed by Reuters.
The Minister of Agriculture, Marcos Montes, said this Monday that he expects a brief resumption of contracting of some lines of the Safra Plan, which were suspended last week by the BNDES.
