Brazil Daily

🏜️ Droughts to hurt soy production

Good morning! Today, droughts in the South continue, affecting agro. Bolsonaro seeks to demonize the left again, hoping for electoral success. Petrobras profits break records among publicly listed Brazilian companies.

Droughts continue to torment soy and corn farmers

droughts Soy farmer in São Luiz Gonzaga. Producers' losses could reach BRL 36 billion already. Photo: Miguel Noronha/Agencia F8/Folhapress
Soy farmer in São Luiz Gonzaga. Producers’ losses could reach BRL 36 billion already. Photo: Miguel Noronha/Agencia F8/Folhapress

While parts of Bahia, Minas Gerais, and Rio de Janeiro suffer from severe rainfall which has caused floods and mudslides, the southernmost state of Rio Grande do Sul is facing extreme drought. In some municipalities, precipitation levels dropped to historic lows — and 414 municipalities have declared a state of emergency.

  • Per the National Water Agency (ANA), the entire territory of Rio...

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