Ana Mano

Brazil's agricultural research agency Embrapa, which helped turn the country into a leading grains exporter, is preparing a 12-year research program that could do the same for cannabis cultivation in the farming powerhouse.

Cargill has signed a purchase and sale agreement for a 50% stake in SJC Bioenergia, giving it full control of the Brazilian sugar and renewable energy firm, according to a statement.

Chinese state-owned grain trader COFCO is committed to Brazil's soy-buying moratorium, Allan Virtanen, the company's global director of communications and sustainability said on Friday, despite pressure from local farmers to make it less rigorous.

Global grain merchant Archer-Daniels-Midland will soon start laying off employees as part of a global effort to cut costs as low crop prices erode profit, three people briefed on the matter told Reuters on Friday.

A cargo of Louis Dreyfus Company soymeal destined for export from the southern Brazilian port of Paranagua was returned for reprocessing at one of the company's local plants, the grain processor told Reuters on Wednesday.

China's suspension earlier this month of Brazilian soybean exports from five companies after cargoes did not meet plant health requirements will last two months, a top Brazilian agriculture official told Reuters on Friday.

China, the world's biggest soybean buyer, has stopped receiving Brazilian soybean shipments from five firms after cargoes did not meet plant health requirements, according to a statement from the Brazilian government confirming what Reuters had learned from two sources on Wednesday.

Brazilian beef companies do not expect to be hurt by potential new tariffs from President Donald Trump's administration because of low inventories of cattle in the U.S. and a sizable tariff that already exists on these exports.

The governor of Brazil's largest farm state Mato Grosso said on Monday he would veto a state bill that sought to weaken protections for endangered biomes inside state borders, following broad criticism from climate activists.

Brazilian President Luiz Inacio Lula da Silva has signed into law a bill authorizing the development of offshore wind farms, a statement said late on Friday, a bid to strengthen the country's energy security and spark a wave of investment.