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Latest From Ana Andrade
Other wines being developed, on a smaller scale, include Chardonnay, Merlot, Cabernet Sauvignon, Cabernet Franc and Pinot Noir. Production in the state is based on the inversion of the grape cycle, harvesting grapes destined for the production of fine wines in winter.
Nestlé has big goals for its coffee segment in Brazil as the company sets to enter the roasted and ground markets under the brands Nescafé and Starbucks.
Corn prices in Brazil were stable in the physical market last week as the summer corn harvest started its final stage in the main producing regions and liquidity was low.
After receiving positive signals from investors from the US and Chile, Athena Foods, a subsidiary of Brazil's Minerva, may launch the initial public offering prospectus this week, according to Brazilian newspaper Valor Econômico.
After a recent fall in oilseed prices in Brazil’s domestic spot market, there were finally positive adjustments resulting from the increase of the dollar against the Brazilian currency —exceeding the BRL3.90 barrier.
Brazil’s largest manufacturer of roasted and ground coffee, Três Corações reported a net profit of BRL 298.4 million (USD75.95 million) in 2018, up 16.6% over the previous year.