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Minerva’s Profit Drops 33.3% in Q3; EBITDA and Revenue Hit Record Highs
The company attributes the profit decline to an increase in gross debt to fund payments for Marfrig units being acquired. Financial Performance Overview Minerva ended the third quarter with a net profit…
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Brasilagro Reports Over Threefold Increase in Net Income for First Fiscal Quarter
Company Achieves Net Income of R$ 97.5 Million in the Period Brasilagro has kicked off 2025 on a positive note, with early indicators suggesting a more favorable year after a challenging period…
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Frigol Reports R$ 13.1 Million Net Profit in Q3 2024
Revenue up 15.6%, Reaching R$ 902.5 Million! Frigol, the fourth-largest beef processor in Brazil, reported a net profit of R$ 13.1 million for the third quarter of 2024. The company, a privately…
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JBS Set to Export Nearly 1 Million Tons of Products to China in 2024
JBS, one of the largest food companies in the world, is expected to export nearly one million tons of products to China in 2024, according to estimates shared by Wesley Batista, a…
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Wine Fair Changes Date in 2025 to Target Winter Sales
The fifth edition of Wine South America, aimed at industry professionals, will take place in May next year in 2025. After four editions held in September, the Wine South America fair, a…
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Brazil Achieved 34 Market Openings for Agricultural Products in October
This was the second-best result in the country’s history, only behind the record set in September, according to the Ministry of Agriculture. In October, Brazil secured 34 market openings for the export…
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Cocoa and Cotton End Week Higher on New York Exchange
Coffee and Sugar Fall as Market Monitors Weather Conditions in Brazil Cocoa futures for March closed trading on Friday, November 1, with a 0.1% increase on the New York Exchange, priced at…
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BNDES Allocates $3.3 Billion to Support Rio Grande do Sul’s Agricultural Sector
New funding for working capital targets producers, cooperatives, cerealists, and agricultural suppliers. Starting November 1, the Brazilian Development Bank (BNDES) has made available an extraordinary credit line of $5 billion through the…
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Brazil’s Fertilizer Market Expected to Close 2024 on a Positive Note, Says Sindiadubos
Total Deliveries Estimated Between 45 and 46 Million Tons, According to Industry Union The fertilizer sector in Brazil is expected to end 2024 with positive numbers in line with expectations, according to…
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Lavoro Reports a Loss of $154.6 Million in Fiscal Year 2024
Company’s Net Debt Increased by 34% Agricultural input distributor Lavoro closed its fiscal year 2024, which ended on June 30, with a net loss of $154.6 million—compared to a loss of $43.6…
Business
Brazil Agro and Livestock business news.