Newsletter Agribrasilis - February 10th
Flawed Credit Distribution Leads to Increase in Bankruptcy Protection in Brazilian Agriculture
“It is important to remember that the Brazilian agricultural sector has faced liquidity crises before…”
Adauto Kaneyuki?is a partner-owner at?J. Ercílio de Oliveira Advogados,?an office specializing in agribusiness, graduated in law from the Faculty of Law of S?o Bernardo do Campo.
Kaneyuki?is an expert in barter operations, civil litigation, and a lawyer for creditors in Bankruptcy Protection (similar to USA’s Chapter 11) cases, etc.
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(Access the full article on the?AgriBrasilis?website)
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Media Partner Event:?Brazilian Congress Agribusiness Law (March 31st, 2025 – S?o Paulo, SP, Brazil)
"Agribusiness should be understood as a set of integrated economic activities that range from the supply of inputs to production, production itself, processing, industrialization, logistics and distribution of food, fibers and bioenergy.
?The need to take a broader look at the sector and its relations with global markets led to the pioneering work of the Brazilian Institute of Agribusiness Law – IBDA, which has been promoting the Brazilian Congress Agribusiness Law?since 2021."
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Solar capacity in agriculture has grown more than seven times?since 2020, while the number of consumer units served in rural areas jumped from 54 thousand to 471 thousand at the end of 2024, according to the Brazilian Photovoltaic Solar Energy Association. (Associa??o Brasileira de Energia Solar Fotovoltaica - ABSOLAR)
76% of?Brazilian agribusiness CEOs?believe the local economy will accelerate in the next 12 months, above the national average (73%) and well above the global average (57%). “We went through a gigantic health crisis and geopolitical conflicts that brought relevant impacts to the economies. But we have already noticed greater resilience and business structuring that ends up bringing more?confidence to the growth of the economy”, says Maurício Moraes, agribusiness leader at PwC Brasil.
Cofco is committed to the moratorium on soybean purchases from Brazil, said Allan Virtanen, global director of communications and sustainability. Sérgio Ferreira Junior, Director of Operations in Brazil, stated that the company projects to ship 18 million tonnes of soybean and corn from the country in 2025. (COFCO International)
2024/2025 soybean harvest was estimated at 170.89 million tonnes, below the forecast released in the previous month, of 171.4 million tonnes, due to weather?issues. “There were adjustments in practically the entire country, with emphasis on cuts in the States of Rio Grande do Sul, Paraná and Mato Grosso do Sul, due to the drought that prevailed since the end of December and throughout much of January”, stated StoneX Brasil’s market intelligence specialist, Ana Luiza Lodi.
Cargill acquired the remaining 50% of SJC Bioenergia, now fully owning the company, which operates plants in Goiás with a?capacity to process 9 million tonnes of sugarcane and 650,000 tonnes of corn?per harvest. (UDOP - Uni?o Nacional da Bioenergia)
Dante Pozzi is Amaggi’s new commodities director.?Rodrigo Loto?has been promoted to trading director.?Rafael Bisolo?is the new financial director, while?Marcos Augusto Bianchini?will be the controllership director.
The project?“Sustainable Agriculture in Action” in Chile has achieved a?75% increase in cherry production?in?2024. Through good agricultural practices and integrated pest management, 10,500 kg of cherries were harvested, with 95% meeting export standards. (AFIPA A.G.)
There was a small recovery in the Agricultural Price Index of the Colombian Mercantile Exchange (Bolsa Mercantil de Colombia oficial). According to María Inés Agudelo Valencia, president of the Bolsa Mercantil, “this recovery at the beginning of the year could indicate a change of market trends, with signs of greater balance in the formation of prices for agricultural products and a possible gradual recovery”.
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National University of Colombia identifies?types of swine flu viruses considered specific to Colombia. (Universidad Nacional de Colombia)
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Reduction in Export Taxes and Mercosur-EU Agreement Should Boost Argentina’s Agroindustry
Guido D’Angelo?is a senior economist at the Rosario Stock Exchange, graduated in economics from the National University of Rosario, with a master’s degree from the Università degli Studi di Roma.
Patricia Bergero?is the deputy director of information and economic studies at the Rosario Stock Exchange, member of the Executive Committee of Argentina’s Carbon Neutral Program, and and agriculture columnist.
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(Access the full article on the?AgriBrasilis?website)
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Haifa Group, an Israeli fertilizer company,?inaugurated?its first?speciality?fertilizer mixer?in Latin America in Uberlandia, State of Minas Gerais. With an area of 20 thousand m2, the automated unit begins operation with a capacity for 6 thousand tonnes of fertilizers per year. Within five years, the company plans to expand capacity to 20 thousand tonnes.
From January to September of 2024, Brazil recorded?a 10.9% increase in areas treated with pesticides, exceeding 1 billion hectares. This expansion was driven by soybean (35%), corn (27%) and cotton (12%). The most used categories were herbicides (45%), insecticides (26%), fungicides (20%), seed treatments (1%), and other products (9%). (AgroReceita Receituário Agron?mico Inteligente??)
Fertilizer imports reached a five-year record?in 2024. Around 44.3 million tonnes of inputs were unloaded in Brazilian ports, an increase of 8.3% when compared to 2023.?(CONAB - Companhia Nacional do Abastecimento)
According to a survey carried out by the maritime agency Williams Brasil,?6.667 million tonnes of fertilizer are scheduled to be imported?between January 1 and 27, and should arrive by April 30, 2025. The port of Paranaguá, in the state of Paraná, will unload the largest part, totaling 1.940 million tonnes. This is followed by the port of Santos, SP, with 1.887 million tonnes. The report takes into account vessels already at anchor, those waiting to dock and those expected to arrive. (WILLIAMS SERVICOS MARITIMOS LTDA)
Embrapa and Funda??o Meridional have launched the soybean cultivars BRS 2361 I2X and BRS 2058 I2X, featuring?tolerance to glyphosate and dicamba, resistance to pests, and high yield potential. The Intacta2/Xtend (I2X) technology protects against six caterpillar species, requiring refuge areas to prevent resistance.
Act No. 3 published in the Federal Official Gazette,?withdrawals?7 pesticide registrations.?(Ministerio da Agricultura)
Fertilizer consumption in?Argentina?dropped by 5%?in 2023/24, totaling 3.9 million tonnes. Nitrogen fertilizers rose to 63% of the market, while phosphates fell to 37%, with reductions in corn, wheat, and soy. (Bolsa de Cereales)
National Agri-Food Health and Quality Service of?Argentina has prohibited the post-harvest uses?of products based on malathion?in stored corn grains. (Senasa)
Beekeepers?request for the end of fipronil use?in Campeche and Hopelchén,?Mexico, due to the death of bees. According to beekeepers, in 2023 and 2024 the use of the pesticide would have caused the death of more than 4 thousand hives, with an estimated loss of US$ 700 thousand.?(Partido Revolucionario Institucional)
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(Access the full article on the?AgriBrasilis?website)
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