Brazil

Brazil’s Supermercado Now Gets New Owner

Brazilian e-commerce firm B2W has announced the purchase of Supermercado Now, an online grocery marketplace. Supermercado Now was launched in 2016, and...

Brazil Looks To Expand Share In Global Coffee Trade After 2019 Record

Brazilian exporters believe they will increase their already large share in the global coffee trade in 2020, possibly exporting more than the record 2019 v...

Grain Trader Cargill's Q2 Profits Jump As Global Meat Demand Rises

Commodities trader Cargill Inc has posted a quarterly profit rise of more than 19%, as the animal nutrition and protein business unit tapped into...

Brazil's GPA Continues Store Reformatting Process

Brazilian retailer GPA renovated a total of 20 Pão de Açúcar supermarkets in 2019, following the rollout of a new store format in Sept...

Bunge Sells Margarine and Mayonnaise Assets In Brazil

Brazilian meat processor JBS has reached an agreement with Bunge for the purchase of its margarine and mayonnaise assets in Brazil. The deal, conducted...

Soybeans Fall On Demand Concerns, Hopes Of Record Brazilian Crop

Chicago soybean futures lost ground on Wednesday, snapping a six-session winning streak, as concerns over Chinese demand and expectations of a record Brazi...

Brazil’s Marfrig Launches Global Plant-Based Meat Brand

Brazilian food processor Marfrig Global Foods SA is to launch a global brand of plant-based meat products on Monday (9 December), according to a statement...

Quality Coffee Shortage Trips Up Funds To Send Prices Soaring

A shortage of high quality arabica coffees has boosted spot prices in Central America, Colombia and Brazil, catching speculators who bet on falling futures...