Brazil: Olive oil production grows in RS; attracts many businessmen even a former STF minister

Published 2021년 6월 20일

Tridge summary

Former Supreme Court minister Ellen Gracie Northfleet and her family have started olive farming in Rio Grande do Sul, Brazil, and have harvested their first crop, producing 300 liters of oil. The region has seen a surge in olive cultivation, covering 6,000 hectares and expecting to expand for the 2022 harvest. The majority of the producers are liberal professionals aiming to create their own extra virgin olive oil brands. The olive tree requires specific conditions to grow and has a potential production period of up to 50 years, offering significant profitability. Brazil currently imports 98% of the oil it consumes, leaving room for increased domestic production.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Former Supreme Court (STF) minister Ellen Gracie Northfleet, in partnership with her daughter Clara and son-in-law Mauro Eduardo Vicknevetsky Aspis, followed the path of many liberal professionals who decided to invest in the planting of olive trees in Rio Grande do Sul to have a second income. This year, the trio of lawyers harvested their first crop in Arroio dos Ratos. The 3,500 kg of olives yielded 300 liters of oil. Planting of olive trees in Rio Grande do Sul (Photo: Olivas do Sul/Publishing) Metallurgical industrialist Renato Fernandes, president of the Brazilian Institute of Olive Culture (Ibraoliva) and producer since 2015, says that, driven by liberal professionals such as the former minister, The first woman to hold the position in the STF, the millenary crop is growing at a rapid pace in Rio Grande do Sul, which already totals 6,000 hectares of olive trees – 1,000 more than in 2020. For the 2022 harvest, a new increase is expected . According to Fernandes, doctors, ...
Source: Agroinforme

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