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Brazilian oilseeds lobby group Abiove is pushing the government to clearly signal whether it plans to raise its biodiesel blending requirement after a surprise move to temporarily cut it this month.
Brazilian crushers do not see much business sense in buying imported soybeans in Q4 of 2020, he added. Brazilian real is trading at 5.60 per US dollar, as of Oct 21, down 40% year on year.
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Brazilian crushers do not see much business sense in buying imported soybeans in Q4 of 2020, he added. Brazilian real is trading at 5.60 per US dollar, as of Oct 21, down 40% year on year. A weak Brazilian real versus the US dollar ensures high import costs of raw beans for the local crushers and the price spread between domestic and imported ...
Brazil soy crushers' lobby pushes for rise in biodiesel blending. Contributor. Ana Mano Reuters Published. Apr 27, 2021 12:35PM EDT. Brazilian oilseeds lobby group Abiove is pushing the government ...
A previously unreported Brazilian court injunction last month has thrown a wrench into Bunge Ltd's
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Cooperatives own 9% of the crushing capacity and 4% of the soybean oil refining capacity, and are responsible for 29.4% of the Brazilian soybean trade. Brazil's industry, due to the legacy of government intervention in the 1970s-1980s, is comprised of much smaller processing plants, than the United States or Argentina.
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A previously unreported Brazilian court injunction last month has thrown a wrench into Bunge Ltd's plan to take over two soy processing plants from local crusher Imcopa, according to …
Brazilian crushers' sales soared for most of 2020 due to high domestic and export demand, while Argentina's crushers grappled with labor strikes, high taxes, negative margins, tight raw beans supply and logistical bottlenecks, analysts said, predicting similar trends for …
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