Exports of soybeans and corn from Brazil in the first week of August indicate that the country could end the month with shipments higher than those registered in the same period last year, if the pace of registrations continues, according to data from the Secretariat of Foreign Trade. , released this Monday.
Some of the changes in the specifications of biodiesel used in Brazil under debate at the National Agency of Petroleum, Natural Gas and Biofuels indicate a restriction on the demand for certain raw materials, such as animal fat and palm oil, as the discussions on the product quality, said industry members.
Soybeans have their biggest weekly gain in 22 years in Chicago trading as forecasts of hot, dry weather in the US Midwest heightened supply concerns, while strong demand for soybean meal added support to the market.
The average price of fertilizers fell in June, improving the purchasing power of fertilizers by Brazilian farmers, according to the IPCF index calculated by the multinational in the sector Mosaic.
Sergei Lavrov, Russia's foreign minister, offered assurances about Russian grain supplies to Egypt during a visit to Cairo on Sunday, as uncertainty looms over a deal to resume Ukrainian exports from the Black Sea.
Imports of Brazilian soybeans into China declined in June, while shipments from the United States increased, according to Chinese customs data released on Wednesday, as high prices dampened demand for South American cargo.
Banrisul announced this Tuesday (05/06/22) that it will offer BRL 7 billion in agricultural credit for the next harvest, 35% more compared to previous increases, due to the increase in the availability of the 2022/23 Crop Plan .
The Mato Grosso Institute of Agricultural Economics maintained its forecast for the 2022/23 soybean crop in the state at a record 41.5 million tons, according to a report released this Monday.
