Newsletter AgriBrasilis - November 11th
Leandro Consentino is a professor in the Advanced Program in Public Management at?Insper, has a bachelor’s degree in international relations, a M.Sc . and a Ph.D. in political science from the University of S?o Paulo.
AgriBrasilis – What is expected to change between US x Brazil relations because of Trump’s re-election?
Leandro Consentino –?We will probably observe a course correction in both the political and economic spheres. In the political field, there are clear differences between Lula’s government, the current president of Brazil, and the future Trump administration, especially after criticism from the Brazilian president even before the election. In the economic sphere, the difficulty should come from the fact that Trump promises protectionist policies, which will create barriers for the entry of Brazilian products into the North American market.
?(Access the full article on the?AgriBrasilis ?website)
Media Partner Event:??Fertilizer Latino Americano 2025 (January 26th to 29th, 2025 – Rio de Janeiro, RJ, Brazil)
"Fertilizer Latino Americano brings together fertilizer professionals in Latin America at a crucial time of the year for the market to network, negotiate and learn about new trends and opportunities. This leading event attracted over 1000 stakeholders from over 60 countries, representing over 500 organizations..."
From January to September of 2024,?beef exports reached 699,987 tonnes in Argentina.?Bone-in beef exports reached US$ 2,12 million, the highest in the last 57 years. Of the 48 export markets, the highlight is the increase in shipments to the USA (46%), Chile (21%), and Israel (11%).?(Ministerio de Agricultura )
SLC Agrícola S/A has registered a?request for the issuance of agribusiness receivables certificates (CRAs) worth up to US$ 70.26 million in Brazil. The certificates mature on 11/24/2032, with a yield of 1.1% per year + CDI?(Brazilian interbank deposit rate),?and with payment of interest every six months. The CRAs are securitized by Virgo Inc. and coordinated by Itaú BBA .
The?agricultural sector in Brazil had a 20.5% increase in the number of companies undergoing bankruptcy protection?in the 3Q of 2024. The increase was driven by the drop in commodity prices, rising production costs, and high levels of debt among farmers.?(RGF & Associados )
From August of 2023 to July of 2024,?deforestation in the Legal Amazon reached 6,288 km2, a reduction of 30.6% compared to the previous year. This is the lowest percentage value in 15 years.?(INPE ; Ministério do Meio Ambiente e Mudan?a do Clima )
Governo do Estado do Piauí in Brazil has?declared an animal health emergency?to prevent highly pathogenic H5N1 Avian Influenza. The decree was published in response to new cases of the disease in wild and domestic birds in several regions of Brazil. Piauí still has no confirmed cases. (Government of Piauí)
Chilean delegation and representatives of the Agricultural and Livestock Service met with the Indonesian Quarantine Agency to advance?negotiations for the export of fresh Chilean lemons, nuts and frozen fruit. (Servicio Agrícola y Ganadero)
In Colombia the coffee production grew by 16% in October. Exports rose 17% year-on-year to 12 million bags.?(Federación Nacional de Cafeteros de Colombia ) Cattle export market in Paraguay is reaching high prices due to a?lower supply of cattle and unstable demand from meatpackers. The average price for males and heifers is around US$ 3.50/kg.?(CEA)
Wheat and barley harvests?are expected to be of good quality in Uruguay, although the crops will not reach the record levels of the previous season. Favorable weather conditions should contribute to the quality of the grains. Expectations are positive, with improvements in prices. (Instituto Nacional de Estadística (INE) - Uruguay; Ministerio de Ganadería, Agricultura y Pesca )
Jonatas Pulquerio io?is an agribusiness consultant, expert in risk management, rural insurance and agricultural policies. He has law degree from the University of Cuiabá and administration degree from Univag, with an MBA in agribusiness from ESALQ.
AgriBrasilis – What is the risk of a large-scale domino effect regarding this crisis?
Jonatas Pulquerio –?The risk of a domino effect is significant, especially as the crisis affects the base of the production chain.
Although the current scenario is still contained, a lack of coordinated action between government and market could allow the situation to escalate, compromising other stages of agribusiness and impacting interdependent sectors. Therefore, it is essential to act now to avoid a worse situation.
?(Access the full article on the?AgriBrasilis ?website)
Diogo Togni was promoted to head of R&D for chemical and biorational products at Sumitomo Chemical Latin America .?(Sumitomo Chemical )
BASF released financial results for the 3Q of 2024. Global sales remained stable due to growth in volumes, especially in agricultural solutions. However,?negative exchange rate effects, mainly related to the peso in?Argentina?and the real in?Brazil, have harmed the company’s performance.?(BASF Solu??es para a Agricultura )
FMC Corporation reported revenue of US$ 1.07 billion in the 3Q 2024, up 9% from the 3Q of 2023. “Our revenue and earnings have increased as market conditions improved, albeit at varying rates across regions”, said Pierre Brondeau, president and CEO of the company. “Strong volume growth in?Latin America?and North America more than offset lower prices, particularly in?Brazil?and?Argentina, which represented 2/3 of the company’s total price decline. Despite less-than-ideal market conditions, we saw increased demand for new products, specifically Fluindapyr-based fungicide products”.
Syngenta released financial results for the 3Q of 2024, recording sales of US$ 6.8 billion.?Sales in?Argentina?were particularly affected due to the market decline, influenced by weather and crop diseases.?In the 3Q, Syngenta Crop Protection sales reached US$ 3.3 billion,?a decline of 3%, mainly due to the negative impact of currency exchange rate in?Brazil, which neutralized underlying volume growth.
Cesar Augusto Vilela ?is the agribusiness manager at?Ajinomoto do Brasil , with a degree in advertising and marketing from FAAP, and a postgraduate degree in business administration from Mackenzie Presbyterian University.
AgriBrasilis – What is the level of adoption of amino acids in agriculture?
Cesar Augusto Vilela –?The adoption of amino acids in agriculture is a relatively recent, but growing phenomenon. Studies show that amino acids are mainly integrated into high-value crops, such as fruits and vegetables, to maximize plant vigor and resistance.
The technology is still being developed to fully understand its benefits, but it has great potential. Ajinomoto do Brasil’s solutions, such as the AMINO line, for example, have stood out for incorporating specific amino acids that act on various physiological processes inside plants.
?(Access the full article on the?AgriBrasilis ?website)
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