Brazil, between opportunity and opportunism: the rally for grains has intensified

Published Feb 11, 2021

Tridge summary

The article highlights the current surge in grain prices, with a focus on corn and soy, and their impact on the agriculture and livestock sectors in Brazil. It emphasizes the need for dialogue between stakeholders, including Conab and the Ministry of Agriculture, to address both short-term and long-term measures. Short-term strategies include cost reductions and temporary imports of genetically modified maize for animal feed. Long-term strategies focus on improving logistics infrastructure and transport modes to ensure availability and export competitiveness. The article also discusses the significant consumption figures for corn and soy bran in the animal feed industry and expresses concerns about potential price hikes that could make animal protein inaccessible for Brazilian families.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

It is worth mentioning that the rally for grains has intensified (corn and soy for animal feed and human food, ethanol and biodiesel), and this scenario determines a great opportunity for the entrepreneurs of agriculture and livestock and public agents of Conab and the Ministry of Agriculture. Agriculture strive to dialogue more and more. The aim is to rationally focus on hypothetical short-term actions (reduction of PIS / Cofins and authorization from CTNBio for the temporary importation of GM maize exclusively to animals, in addition to maintaining the TEC exemption for purchases outside Mercosur) and to unlock once and for all , those of medium / long term (logistics infrastructure / storage capacity, transport mode) with the objective of ensuring availability, maintaining export competitiveness, and, above all, assigning a fair price to these strategic inputs. The parties believe it is important to implement mechanisms that encourage an increase in the planting of corn, ...
Source: Sindiracoes

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