Tag: production

By Lise Alves, Senior Contributing ReporterRIO DE JANEIRO, BRAZIL – Banks in Brazil will have to allocate approximately R$6 billion from rural deposits and savings to small farmers, announced Brazil’s National Monetary Council (CMN) on Thursday."The change will...
By Lise Alves, Senior Contributing ReporterRIO DE JANEIRO, BRAZIL – Vale, the mining giant of Brazil, announced on Tuesday that the company will eliminate ten dams similar to the one which caused the disaster in Brumadinho last week, when...
By Lise Alves, Senior Contributing ReporterSÃO PAULO, BRAZIL – As Brazilian officials celebrated extremely positive pre-salt production, President Michel Temer signed on Wednesday concession contracts for another six pre-salt areas auctioned in October of 2017, raising expectations that production...
By Jay Forte, Contributing ReporterRIO DE JANEIRO, BRAZIL - The Brazilian grain crop is expected to grow 21.8 percent in 2017, according to a February estimate released today (March 9th) by the Brazilian Institute of Geography and Statistics (IBGE)....
By Lise Alves, Senior Contributing ReporterSÃO PAULO, BRAZIL – After two years of pessimistic outlooks for one of Brazil’s largest companies, investors are starting to regain some confidence in the country’s oil giant, Petrobras. Earlier this week the company...
By Lise Alves, Senior Contributing ReporterSÃO PAULO, BRAZIL – Brazil may register the largest agricultural production in its history in 2017, according to data by the Brazil’s National Supply Company (Conab). The production is expected to increase up to...
By Lise Alves, Senior Contributing ReporterSÃO PAULO, BRAZIL – Automobile sales in Brazil increased by 1.4 percent in August compared to the previous month and the slow improvement has executives from vehicle associations forecasting a more positive scenario for...
By Lise Alves, Senior Contributing ReporterSÃO PAULO, BRAZIL – The Brazilian oil giant, Petrobras, registered the best June on record for the production of oil and natural gas, totaling 2.9 million barrels per day, according to the state-controlled company....
By Jay Forte, Contributing ReporterRIO DE JANEIRO, BRAZIL - While the so-called "sin" industries like alcohol, cigarettes and candy are traditionally considered recession resistant, beer sales in Brazil are drying up more than expected, especially at the bars and...
By Lise Alves, Senior Contributing ReporterSÃO PAULO, BRAZIL – Coffee growers in Brazil are gearing up to what promises to be the second best harvest in history, with forecasts for the 2016 Brazilian coffee harvest between 49.13 and 51.94...
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