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Tag: agribusiness brazil

RIO DE JANEIRO, BRAZIL - Agrogalaxy Participações has confirmed that the initial public offering (IPO) price is R$13.75. With the sale of 25,454,545 common shares, the company raised R$349.99 million (approximately US$67 million). The offering is primary, meaning the...
RIO DE JANEIRO, BRAZIL - Singapore’s sovereign wealth fund GIC has acquired an undisclosed minority stake in Brazilian biological agricultural inputs company Biotrop Solucoes Biologicas, both companies said in a statement on Monday (19). Sao Paulo-based private equity firm Aqua...
RIO DE JANEIRO, BRAZIL - With the lack of rainfall, the water level in the Paraná River in the region of Gran Rosario, Argentina, fell to its lowest level since the end of 1970. This has considerably affected the...
RIO DE JANEIRO, BRAZIL - Prices for agricultural nutrients such as phosphate and potash have been on the rise since late last year in the face of tight supplies, strong demand, and geopolitical uncertainty. According to one of the world's...
RIO DE JANEIRO, BRAZIL - Brazil should harvest more than 300 million tons of grains by the 2024/25 harvest, or three seasons earlier than once predicted, according to the new projections of the Ministry of Agriculture. The previous forecast,...
RIO DE JANEIRO, BRAZIL - The second corn crop in south-central Brazil was estimated at 54.6 million tons, consulting firm AgRural said Monday (5), reducing its forecast by 5.4 million tons from the May 27 forecast due to the...
RIO DE JANEIRO, BRAZIL - In the early hours of Tuesday, frost hit agricultural regions of Paraná and Mato Grosso do Sul, with potential losses to corn areas and intense cold is expected to persist on Wednesday, Rural Clima...
RIO DE JANEIRO, BRAZIL - Institutions developing studies on the impacts of climate change have often related this process to the phenomenon announced as Brazil's worst drought in 111 years, with more severe consequences in the Midwest and Southeast...
RIO DE JANEIRO, BRAZIL - Banco do Brasil (BB), the largest financier of Brazilian agriculture, will provide R$135 billion (US$27 billion) to the country's agribusiness in the 2021/22 crop year. That represents a 20% increase over the amounts disbursed...

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