Insights and Stories on Brazil

Dec. 11, 2024 at 4:48 pm CST

A farmers' lobby in Brazil is seeking to end a two-decade-long agreement that forbids grain traders from buying soybeans from farms on deforested land in the Amazon rainforest, claiming the deal has created an uneven playing field.

By Reuters, roberto-samora

Dec. 6, 2024 at 5:07 pm CST

South America's agricultural sector, a key source of global food, celebrated on Friday as the regional Mercosur bloc and the European Union struck a free trade agreement, though farmers said they wanted to see the small print of the deal.

By Daniela Desantis, Maximilian Heath, Reuters

Dec. 6, 2024 at 10:26 am CST

The European Union and South America's Mercosur bloc struck an agreement on a long-delayed free trade deal on Friday which now faces a tortuous battle for approval in Europe, where there is stiff opposition from France. After negotiations spanning over 20 years, and five years on from an initial deal, European Commission President Ursula von der Leyen and her Mercosur counterparts announced an agreement had been reached in the Uruguayan capital Montevideo.

By Lisandra Paraguassu, Lucinda Elliott, philip-blenkinsop, Reuters

Dec. 5, 2024 at 9:55 am CST

Multinational grains traders operating in Brazil are seeking to weaken an agreement that forbids buying soybeans from farms on deforested land in the Amazon rainforest, environmental advocates involved in the discussions said on Wednesday

By Reuters

Dec. 2, 2024 at 2:43 pm CST

U.S. soybean futures fell on Monday on favourable crop weather in South America, forecasts for a record-smashing Brazilian harvest and continued concerns about the incoming Trump administration's hawkish approach to trade with top soy importer China.

By Karl Plume, Reuters