SAO PAULO, (Reuters) – Abiove, Brazil’s oilseeds industry group, said on Tuesday that commodities traders may reduce financing to farmers by around 50 percent for the new crop (2019/20) due to defaults and bankruptcy protection requests in the sector. Patrícia da Silva, Abiove’s tax and legal affairs manager, said the potential reduction in farmer loans […] Read more
Tag Archives Brazil
Brazil court overturns earlier ban on glyphosate
BRASÍLIA, Brazil (Reuters) — A Brazilian court overturned an injunction Sept. 3 that banned products containing glyphosate. The decision knocked down a previous ruling that had been set to disrupt the soybean planting season set to begin this month. A Brazilian judge ruled last month to halt the registration of new glyphosate-based products in the country and […] Read more
Soy boom devours Brazil’s tropical savanna
Permissive land-use policies and cheap farm acreage have helped catapult Brazil into an agricultural superpower
CAMPOS LINDOS, Brazil, (Reuters) — When farmer Julimar Pansera bought land in Brazil’s interior seven years ago, it was blanketed in tiers of fruit trees, twisted shrubs and the occasional palm standing tall in a thicket of undergrowth. He mowed down most of that vegetation, set it ablaze and started planting soybeans. Over the past […] Read more
Brazil court overturns injunction against live cattle exports
SAO PAULO (Reuters) – Brazil’s government has won a court decision allowing the export of live cattle, overturning an injunction obtained by an animal rights group, the Agriculture Ministry said on Monday. “Victory for Brazilian farming. Exports freed,” Agriculture Minister Blairo Maggi said in a statement announcing that a Sao Paulo appeals court had allowed […] Read more
