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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Brazil’s industrial sector saw a 0.4% growth in August compared to July. The Brazilian Institute of Geography and Statistics (IBGE) released these numbers on October 3. Year over year, the industry also grew by 0.5%. However, it registered a 0.3% decline year-to-date and a 0.1% dip over the past 12 months. According to the IBGE, […]
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