IBOV 171,324.31 ▼ 0.43% IPC MEX 71,674.32 ▼ 0.46% MERVAL 2,848,945 — — USD/BRL5.64▲ 1.06% USD/MXN18.58▼ 0.12% USD/CLP994.00▲ 1.14% USD/COP3,302▼ 0.16% USD/PEN3.41▲ 0.06% USD/ARS1,545▲ 0.03% USD/UYU40.52▲ 3.32% USD/PYG6,185▲ 3.33% USD/BOB11.60▲ 0.86% USD/DOP60.47▲ 0.03% USD/CRC445.25▲ 1.62% USD/GTQ7.65▲ 3.31% USD/HNL26.90▲ 3.30% USD/NIO36.62▲ 2.73% USD/VES909.35▲ 0.67% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.09▲ 2.15% USD/TTD6.71▲ 2.19% EUR/BRL6.24▲ 0.10% BRENT 95.13 ▼ 0.72% WTI 88.15 ▼ 0.66% IRON ORE 161.91 — — COPPER 6.24 ▲ 0.93% GOLD 3,916 ▲ 0.80% SILVER 50.67 ▲ 1.39% SOY 1,226 ▼ 0.12% CORN 445.75 ▲ 0.73% WHEAT 590.00 ▲ 0.98% COFFEE 275.10 ▲ 2.27% SUGAR 18.22 ▼ 1.41% ORANGE JUICE 140.60 ▼ 0.25% COTTON 78.56 ▲ 0.05% COCOA 5,187 ▲ 5.71% BEEF 223.05 ▲ 1.86% CATTLE 331.80 ▼ 0.25% LITHIUM 59.43 ▼ 0.92% PETR4 44.70 ▲ 2.64% VALE3 63.95 ▼ 0.75% ITUB4 41.68 ▼ 0.10% BBDC4 14.32 ▼ 0.07% ABEV3 15.75 ▼ 0.63% BBAS3 15.48 ▼ 8.35% B3SA3 14.76 ▼ 0.27% WEGE3 51.65 ▲ 0.08% PRIO3 63.30 ▲ 2.98% SUZB3 56.04 ▲ 4.16% RENT3 29.58 ▼ 2.18% AZZA3 16.90 ▲ 9.95% CSAN3 2.85 ▼ 5.94% RAIZ4 0.30 ▼ 98.60% PCAR3 2.39 ▼ 5.91% GMAT3 3.84 ▼ 5.88% PSSA3 45.94 ▼ 0.09% CVCB3 0.84 ▼ 2.33% POSI3 3.37 ▲ 1.51% SLCE3 18.36 ▲ 7.68% NATU3 5.33 ▼ 5.16% BRKM5 3.07 ▲ 5.14% RANI3 8.18 ▼ 2.50% CSNA3 4.23 ▼ 6.42% IBOV 171,324.31 ▼ 0.43% IPC MEX 71,674.32 ▼ 0.46% MERVAL 2,848,945 — — USD/BRL 5.64 ▲ 1.06% USD/MXN 18.57 ▼ 0.15% USD/CLP 994.00 ▲ 1.14% USD/COP 3,302 ▼ 0.16% USD/PEN 3.41 ▲ 0.06% USD/ARS 1,545 ▲ 0.03% USD/UYU 40.52 ▲ 3.32% USD/PYG 6,185 ▲ 3.33% USD/BOB 11.60 ▲ 0.86% USD/DOP 60.47 ▲ 0.03% USD/CRC 445.25 ▲ 1.62% USD/GTQ 7.65 ▲ 3.31% USD/HNL 26.90 ▲ 3.30% USD/NIO 36.62 ▲ 2.73% USD/VES 909.35 ▲ 0.67% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.09 ▲ 1.00% USD/TTD 6.71 ▲ 1.04% EUR/BRL 6.24 ▲ 0.10% BRENT 95.13 ▼ 0.72% WTI 88.15 ▼ 0.66% IRON ORE 161.91 — — COPPER 6.24 ▲ 0.93% GOLD 3,916 ▲ 0.80% SILVER 50.67 ▲ 1.39% SOY 1,226 ▼ 0.12% CORN 445.75 ▲ 0.73% WHEAT 590.00 ▲ 0.98% COFFEE 275.10 ▲ 2.27% SUGAR 18.22 ▼ 1.41% ORANGE JUICE 140.60 ▼ 0.25% COTTON 78.56 ▲ 0.05% COCOA 5,187 ▲ 5.71% BEEF 223.05 ▲ 1.86% CATTLE 331.80 ▼ 0.25% LITHIUM 59.43 ▼ 0.92% PETR4 44.70 ▲ 2.64% VALE3 63.95 ▼ 0.75% ITUB4 41.68 ▼ 0.10% BBDC4 14.32 ▼ 0.07% ABEV3 15.75 ▼ 0.63% BBAS3 15.48 ▼ 8.35% B3SA3 14.76 ▼ 0.27% WEGE3 51.65 ▲ 0.08% PRIO3 63.30 ▲ 2.98% SUZB3 56.04 ▲ 4.16% RENT3 29.58 ▼ 2.18% AZZA3 16.90 ▲ 9.95% CSAN3 2.85 ▼ 5.94% RAIZ4 0.30 ▼ 98.60% PCAR3 2.39 ▼ 5.91% GMAT3 3.84 ▼ 5.88% PSSA3 45.94 ▼ 0.09% CVCB3 0.84 ▼ 2.33% POSI3 3.37 ▲ 1.51% SLCE3 18.36 ▲ 7.68% NATU3 5.33 ▼ 5.16% BRKM5 3.07 ▲ 5.14% RANI3 8.18 ▼ 2.50% CSNA3 4.23 ▼ 6.42%
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Friday, November 13, 2026

Brazil Latest News

Ministry of Agriculture Bans Sale of Six Counterfeit Olive Oil Brands

By · · 2 min read

RIO DE JANEIRO, BRAZIL – The Ministry of Agriculture has banned the sale of six brands of olive oil considered to be counterfeit and unfit for human consumption.

The sales of the brands Costanera, Quinta D'Ouro, Olivais do Porto, Oliveiras do Conde, Quinta Lusitana, and Évora have been banned by the Ministry of Agriculture.
The sales of the brands Costanera, Quinta D’Ouro, Olivais do Porto, Oliveiras do Conde, Quinta Lusitana, and Évora have been banned by the Ministry of Agriculture.
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The labels Oliveiras do Conde, Quinta Lusitana, Quinta D’Ouro, Évora, Costanera, and Olivais do Porto had to be removed from the market by Monday, July 8th.

The supermarket and wholesale chains where these oils were found were subpoenaed to report existing stocks. Any of those selling the products after the warning may be fined R$5,000 per violation, in addition to 400 percent of the products’ wholesale price.

The distributors in charge of the brands are Rhaiza do Brasil Ltda, Mundial Distribuidora, and Comercial Quinta da Serra Ltda.

Fraudulent brands were identified after a clandestine mill in Guarulhos, São Paulo, was uncovered in an operation carried out by the police on May 12th. Bottles of the Costanera and Olivais do Porto brands were found there. The products were made up of a mixture of oils, with no olive oil present.

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After uncovering the mill, the Ministry of Agriculture carried out a task force in Curitiba and São Paulo, in which 54 brands of olive oil found in large retail chains were tested. To prove the fraud, a device was used that emits infrared rays, capable of instantly reading the fatty acids that make up the product. Samples have also undergone testing by a device that detects refined oils and blends, even at very low levels.

Nineteen samples of Oliveiras do Conde were analyzed; eight of Quinta Lusitana and two of the Évora brand.

The inspection found the counterfeit oils in shops in eight states, from Alagoas to Santa Catarina.

Mistrust the price: The Ministry of Agriculture cautions consumers against very cheap oils. Counterfeit products cost, on average, between R$7 and R$10 (US$2.5), while real olive oil is priced from R$17.

This article was produced by The Rio Times’ automated AI newsroom. Editorial responsibility: Matthias Camenzind, Publisher and Editor-in-Chief. The Rio Times also runs Ask Rio Times, which answers from 100,000+ of our own articles, the daily Latin America Power Map, and prediction-market odds on elections and markets.. How we use AI · Report an error

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