StoneX Raises Brazil Soy, Cotton, Corn Forecasts Despite El Niño Risk
Published 1 d ago3 sourcesEvidence: Reported
Brazil's Ministry adjusted the minimum price of an unspecified extractive product from R$0.62 to R$1.28 per kilo in the Centro-Oeste and Sudeste regions, a 106% increase. The move likely aims to support producers but may raise costs for downstream industries. The specific product is not named, limiting immediate market impact assessment.
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