Brazil: Producers go to Brasilia and the bean market remains agitated according to Ibrafe

Published 2021년 5월 14일

Tridge summary

Brazil's agricultural producers are showing public support for the current president, but are seeking more government aid, especially for the planting of beans due to the impact of drought and the attraction of corn in the market. Last year, Brazil imported US $51 million worth of black beans from Argentina, which accounts for 45.4% of Argentina's total black bean exports. Producers are asking for contractual liquidity guarantees from the government to help with the cash flow challenges they face.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Of all the production soils, producers confirm their presence at the demonstration of support for the current president. From the point of view of the Ministry of Agriculture, there is really nothing to complain about, support has been coming to agriculture in general. Rarely has there been such an apparently large movement in support of a government like this that it will take place now. But some bands would not hurt, asking for support for the planting of beans. Brazil will have to import Black Beans from Argentina, from whom we imported US $ 51 million last year, or 65 thousand tons, something like 45.4% of the total exported of Black Beans from Argentina. Red beans and Cranberry will probably have to import more as well. Just for the record, it cannot be denied that the reason for this is not only the drought, but the discouragement of producers in face of the ...

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