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<\/div>\nCorn planted area is expected to fall by approximately 20%<\/strong>\u00a0when compared to the previous season, reaching 6.3 million hectares.\u00a0(Buenos Aires Cereal Exchange)<\/p>\n From January to September of 2024,\u00a0beef exports reached 699,987 tonnes<\/strong>.\u00a0Bone-in beef exports reached US$ 2,12 million, the highest in the last 57 years. Of the 48 export markets, the highlight is the increase in shipments to the USA (46%), Chile (21%), and Israel (11%).\u00a0(MAGyP)<\/p>\n Central Bank\u00a0reduced the basic interest rate on November\u00a01st<\/sup>. This was the first time in almost six months<\/b>.\u00a0The monetary authority cut the\u00a0interest rate from 40% to 35%. According to the Bank, the decision is based on the current liquidity context of Argentina, the reduction in consumer price expectations and the government’s fiscal anchoring. (Central Bank of Argentina)<\/p>\n<\/div>\n The increase in the area planted with soybeans in the 2024\/25 season will be the smallest compared to the last ten seasons<\/strong>, with planting in the country approaching 47 million ha.\u00a0(Conab; Cofco)<\/p>\n SLC Agr\u00edcola has registered a\u00a0request for the issuance of agribusiness receivables certificates (CRAs) worth up to US$ 70.26 million<\/strong>. The certificates mature on 11\/24\/2032, with a yield of 1.1% per year + CDI\u00a0(Brazilian interbank deposit rate),\u00a0and with payment of interest every six months. The CRAs are securitized by Virgo Companhia de Securitiza\u00e7\u00e3o and coordinated by Ita\u00fa BBA.\u00a0(SLC Agr\u00edcola)<\/p>\n In October, the number of\u00a0market openings for agricultural products reached the second highest result in the historical series<\/strong>. There were 34 new openings in 12 countries. In the last 10 months, Brazil opened up 192 new markets in 48 destinations.\u00a0(MAPA; SCRI)<\/p>\n The\u00a0agricultural sector had a 20.5% increase in the number of companies undergoing bankruptcy protection<\/strong>\u00a0in the 3Q of 2024. The increase was driven by the drop in commodity prices, rising production costs, and high levels of debt among farmers.\u00a0(RGF & Associados)<\/p>\n JBS is expected to export almost\u00a01 million tonnes of meat to China<\/strong>\u00a0in 2024, according to Wesley Batista, member of the board of directors. He spoke at AgroForum, organized by BTG Pactual on November\u00a04th<\/sup>. Batista did not specify the type of meat he was referring to or the origin of the company’s exports, which has operations in Brazil, the USA and Australia, etc.\u00a0(JBS<\/a>)<\/p>\n From August of 2023 to July of 2024,\u00a0deforestation in the Legal Amazon reached 6,288 km\u00b2<\/strong>, a reduction of 30.6% compared to the previous year. This is the lowest percentage value in 15 years.\u00a0(INPE; MMA)<\/p>\n The president of Danone in Latin America regrets \u201cincorrect\u201d information about statements regarding Brazilian soybean. \u201cWe confirm that\u00a0Danone continues to purchase\u00a0Brazilian soybean<\/strong>, in compliance with local and international regulations\u201d, said Silvia D\u00e1vila, regional president of Latin America at the company. The case came to light after a high-ranking executive at Danone in France stated in an interview with an international press vehicle that the company was no longer purchasing Brazilian soybean.\u00a0(Danone)<\/p>\n Government of the State of Piau\u00ed has\u00a0declared an animal health emergency\u00a0<\/strong>to prevent highly pathogenic H5N1 Avian Influenza. The decree was published in response to new cases of the disease in wild and domestic birds in several regions of Brazil. Piau\u00ed still has no confirmed cases. (Government of Piau\u00ed)<\/p>\n<\/div>\n<\/div>\n In Coquimbo,\u00a0citrus has overtaken grapes as the main fruit crop, due to water shortages and climate change<\/strong>. Today, tangerines occupy 23.3% of the planted area, followed by grapes (22.9%). Experts highlight citrus fruits as an economically viable and less water-intensive alternative for the region.\u00a0(Corfo)<\/p>\n Chilean delegation and representatives of the Agricultural and Livestock Service met with the Indonesian Quarantine Agency to advance\u00a0negotiations for the export of fresh Chilean lemons, nuts and frozen fruit<\/strong>. (SAG)<\/p>\n<\/div>\n Coffee production grew by 16% in October<\/strong>. Exports rose 17% year-on-year to 12 million bags.\u00a0(National Federation of Coffee Farmers)<\/p>\n Food and beverage holding Grupo Alpina will invest\u00a0US$ 2 million in agricultural and food industry startups<\/strong>, said the company’s global president, Ernesto Fajardo. (Grupo Alpina)<\/p>\n<\/div>\n![\"\"](\"https:\/\/agribrasilis.com\/wp-content\/uploads\/2021\/06\/Brazil.png\")
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