In 2024, Brazil’s farmers are pivoting from corn to a variety of crops for the second planting season. The National Supply Company (Conab) forecasts a 7.5% reduction in corn cultivation area, dropping to 15.879 million hectares from 17.179 million hectares in 2023. This shift responds to low corn prices, delayed soybean planting, and expected April […]
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Dollar Climbs Against Real as US Inflation Surprises
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Foreign direct investment in LatAm soared 55% and reached its highest historical value in 2022
According to the United Nations Economic Commission for Latin America and the Caribbean (ECLAC), Latin America’s foreign direct investment (FDI) experienced significant growth in 2022, reaching its highest recorded value. The region received a total of US$224.579 billion in FDI, marking a 55% increase compared to the previous year. ECLAC highlighted that this milestone was […]