Brazil Daily

Brazilian agro threatened by lower rainfall

Today, we shed light on some worrisome signs for Brazilian farming. Economy Minister Paulo Guedes changes his tone and will ask the IMF for help. And the financial health of Brazilian listed companies.

Lack of rains put farming at risk

As if the Covid-19 pandemic hadn’t given enough reason for concern already, Brazilian farmers have an additional worry: a historic water deficit. A study released yesterday by the National Water Agency analyzed rainfall in cultivated areas between 2012 and 2017 and observed a water deficit of 37 percent — 30 percent during the most critical stages of crop development, and...

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