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Imagine a future where jumbo jets soar through the skies powered by fuel made from sugarcane. This isn’t science fiction—it’s rapidly becoming reality in Brazil, and it’s set to transform the global aviation industry. Brazil, long known for its vast agricultural resources, is emerging as an unexpected hero in the fight against climate change. The […]
BrasilAgro, a key player in Brazilian agriculture, has demonstrated impressive financial growth in the third quarter of 2024. The company’s net profit soared to R$97.457 million ($17.1 million), marking a 225% increase from the previous year. This surge reflects BrasilAgro’s adept navigation of market challenges and its commitment to operational excellence. The company’s adjusted EBITDA […]
Brazil’s agricultural sector expanded its global footprint in October 2024, opening 34 new markets across 12 countries. This achievement marks the year’s second-best performance in market openings. The Ministry of Agriculture and Livestock highlighted key developments. Saudi Arabia now imports Brazilian cotton lint and seed. Eurasian Union countries opened markets for Brazilian cocoa almonds and […]
In a significant move, Petrobras has decided to breathe new life into its long-dormant fertilizer plant. The state-owned oil company’s board of directors gave the green light to resume work on the Nitrogen Fertilizer Unit (UFN-III) in Três Lagoas, Mato Grosso do Sul. This decision marks a shift in Petrobras’ strategy, aligning with the federal […]
Russia has raised its wheat export tax by 41%, from 1,328.30 rubles to 1,872 rubles ($333) per metric ton, effective October 16, 2024. This change comes as the Agriculture Ministry held a private meeting with major exporters to discuss this year’s sales. The tax hike reflects higher prices for Russian wheat in Saudi Arabia’s recent […]