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Quality and safety are defining characteristics of Brazilian meat
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PigProgress - Brazil s pork producers choose wheat as corn prices soar
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Course on the Islamic market opens for registration - Agência de Notícias Brasil-Árabe
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4/19/2021
By Nayara Figueiredo
SAO PAULO, April 19 (Reuters) - Brazil has suspended import
duties on soy, corn, soybean meal and soybean oil until the end
of the year, the Agriculture Ministry said on Monday, as the
country seeks to slow inflation fanned by rising global
commodities prices.
The Chamber of Foreign Commerce (Camex) had already
authorized the suspension of the import tax on corn until March
31 of this year and soybean until January 15. The latest measure
is likely to benefit U.S. grains producers, experts say, as
Brazilian buyers had earlier focused on Mercosur producers who
are already exempt from tariffs.