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There’s been a wave of chapter filings
6 March 2024
1 minute learn
A latest wave of farmer chapter filings in Brazil is a priority for the South American farming powerhouse, Reuters reported, citing the chief govt officer of US grain dealer Cargill’s Brazilian unit on Monday.
Paulo Sousa was talking at an occasion in Sao Paulo hosted by a monetary companies agency to debate the challenges and alternatives for agribusiness companies in Brazil, the most important exporter of soybeans, sugar and different meals commodities.
“There’s a wave of chapter filings, a authorized novelty that brings plenty of concern to the sector,” Sousa stated.
Brazilian merchants have grow to be more and more vocal about the issue.
The rise in farmer chapter instances, which impacts supply of dedicated grains, might also hamper merchants’ potential to finish export applications, grain exporters foyer Anec stated final month.
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