IBOV 173,825.27 ▼ 1.24% IPSA 10,947.38 ▼ 0.70% IPC MEX 66,358.81 ▼ 0.08% MERVAL 3,185,257 ▼ 3.22% COLCAP 2,285.11 ▼ 0.30% BVL PERÚ 57,112.22 — — USD/BRL5.10▼ 0.10% USD/MXN17.43▲ 0.05% USD/CLP924.00▼ 0.22% USD/COP3,228▼ 0.11% USD/PEN3.39▲ 0.21% USD/ARS1,475▼ 0.03% USD/UYU40.18▲ 1.61% USD/PYG6,030▲ 1.78% USD/BOB10.63▲ 4.17% USD/DOP58.33▲ 1.52% USD/CRC447.87▲ 1.83% USD/GTQ7.62▲ 2.69% USD/HNL26.73▲ 1.94% USD/NIO36.62▲ 1.17% USD/VES730.65▲ 0.57% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.49▲ 0.31% USD/TTD6.75▲ 1.81% EUR/BRL5.83— 0.00% BRENT 84.35 ▲ 0.14% WTI 78.65 ▼ 0.38% IRON ORE 161.91 — — COPPER 6.23 ▼ 1.11% GOLD 4,002 ▲ 0.41% SILVER 55.81 ▼ 0.16% SOY 1,187 ▼ 0.65% CORN 459.25 ▲ 4.02% WHEAT 669.75 ▼ 0.74% COFFEE 313.95 ▼ 6.13% SUGAR 14.41 ▼ 2.96% ORANGE JUICE 134.95 ▼ 2.81% COTTON 79.07 ▼ 1.85% COCOA 5,441 ▼ 5.16% BEEF 223.05 ▼ 3.07% CATTLE 346.88 ▼ 0.88% LITHIUM 68.86 ▼ 3.10% PETR4 39.89 ▼ 1.72% VALE3 72.98 ▼ 2.05% ITUB4 42.55 ▼ 1.37% BBDC4 18.41 ▼ 1.02% ABEV3 15.60 ▲ 0.19% BBAS3 20.76 ▲ 1.02% B3SA3 15.39 ▼ 1.91% WEGE3 43.49 ▼ 1.74% PRIO3 56.79 ▼ 1.23% SUZB3 41.70 ▲ 0.53% RENT3 38.86 ▼ 3.69% AZZA3 18.53 ▼ 0.70% CSAN3 3.88 ▼ 1.27% RAIZ4 0.29 — 0.00% PCAR3 2.59 ▼ 1.15% GMAT3 3.92 ▼ 1.51% PSSA3 55.22 — 0.00% CVCB3 1.35 ▲ 0.75% POSI3 3.88 ▼ 1.77% SLCE3 13.61 ▲ 0.81% NATU3 8.56 ▼ 1.27% BRKM5 6.10 ▼ 4.84% RANI3 8.08 ▲ 1.25% CSNA3 5.10 ▼ 2.67% CMIN3 5.45 ▲ 4.01% USIM5 7.90 ▼ 3.66% GGBR4 23.91 ▼ 1.20% ENEV3 25.95 ▼ 3.71% CPFE3 47.19 ▲ 0.77% CMIG4 11.09 ▼ 0.54% EQTL3 39.85 ▼ 1.19% LREN3 13.65 ▼ 3.19% VIVT3 35.47 — 0.00% RAIL3 13.93 ▼ 1.00% KLABIN 17.36 ▼ 0.17% RAIA DROGASIL 18.52 ▼ 0.80% RDOR3 35.87 ▼ 0.39% HAPV3 10.95 ▼ 0.36% FLRY3 16.42 ▼ 0.55% SMTO3 15.72 ▲ 1.22% UGPA3 31.99 ▲ 2.86% VBBR3 34.37 ▲ 1.84% BBSE3 41.18 ▲ 1.15% BPAC11 56.59 ▼ 0.79% CURY3 31.29 ▼ 4.40% AERI3 2.02 — 0.00% VIVARA 23.35 ▼ 0.72% COMPASS 24.91 ▼ 0.80% VAMOS 3.16 ▲ 1.28% SANB11 26.83 ▼ 0.63% ASAI3 8.56 ▼ 1.15% SBSP3 29.30 ▼ 2.27% WALMEX 49.59 ▼ 0.22% GMEXICO 198.85 ▼ 0.68% FEMSA 225.20 ▲ 0.86% CEMEX 22.74 ▲ 0.53% GFNORTE 180.87 ▼ 1.41% BIMBO 58.25 ▲ 1.27% TELEVISA 9.52 ▼ 0.42% AMX 22.78 ▼ 0.09% GAP 391.88 ▼ 1.31% ASUR 280.94 ▼ 0.89% OMA 231.98 ▼ 1.37% KOF 179.47 ▲ 1.42% GRUMA 286.75 ▲ 1.92% KIMBER 38.78 ▲ 0.13% SQM-B 66,050 ▼ 2.72% COPEC 6,126 ▼ 1.35% BSANTANDER 78.16 ▼ 0.61% FALABELLA 5,853 ▼ 0.37% ENELAM 84.80 ▼ 1.11% CENCOSUD 2,005 ▼ 1.72% CMPC 1,074 ▼ 2.63% BANCO CHILE 188.88 ▼ 0.33% LATAM AIR 25.40 ▲ 2.01% YPF 75,975 ▼ 3.28% GGAL 7,860 ▼ 4.20% PAMPA 5,110 ▼ 2.48% TXAR 662.00 ▼ 1.34% ALUAR 940.00 ▼ 2.03% TGS 9,360 ▼ 4.00% CEPU 2,260 ▼ 3.58% MIRGOR 16,850 ▼ 0.74% COME 44.60 ▼ 2.26% LOMA NEGRA 3,558 ▼ 1.52% BYMA 301.50 ▼ 0.82% TELECOM ARG 4,180 ▼ 3.13% ECOPETROL 15.82 ▼ 1.00% BANCOLOMBIA 79.47 ▼ 2.55% GRUPO AVAL 4.97 ▼ 1.19% CREDICORP 387.44 ▼ 2.70% SOUTHERN COPPER 175.66 ▼ 3.24% BUENAVENTURA 30.17 ▼ 1.76% MERCADOLIBRE 1,857 ▲ 0.77% NUBANK 13.79 ▼ 0.65% XP 16.68 ▼ 1.13% PAGSEGURO 9.15 ▼ 0.65% STONE 11.20 ▼ 0.71% GLOBANT 32.20 ▲ 0.69% TECNOGLASS 46.83 ▲ 2.54% GAP AIRPORT 225.96 ▼ 0.81% ASUR 280.94 ▼ 0.89% OMA AIRPORT 107.21 ▼ 0.64% AMX ADR 26.14 ▲ 0.11% FEMSA ADR 129.49 ▲ 0.56% CEMEX ADR 13.10 ▲ 0.23% PETROBRAS ADR 17.47 ▼ 2.18% VALE ADR 14.22 ▼ 3.07% ITAU ADR 8.30 ▼ 1.78% SANTANDER BR 5.30 ▼ 0.93% AMBEV ADR 3.05 ▲ 0.66% CSN 1.00 ▼ 2.91% GERDAU 4.72 ▼ 1.77% LATAM ADR 53.18 ▼ 3.08% BTC 62,841 ▼ 1.49% ETH 1,830 ▼ 1.77% SOL 74.55 ▼ 0.96% XRP 1.09 ▼ 0.10% BNB 569.43 ▼ 0.48% ADA 0.16 ▼ 1.04% DOGE 0.07 ▼ 0.82% AVAX 6.49 ▼ 0.25% LINK 8.17 ▼ 1.93% DOT 0.85 ▼ 0.79% LTC 44.94 ▼ 0.01% BCH 223.10 ▲ 0.67% TRX 0.32 ▼ 0.31% XLM 0.18 ▼ 1.03% HBAR 0.07 ▼ 0.52% NEAR 1.94 ▼ 1.40% ATOM 1.50 ▼ 0.24% AAVE 90.91 ▼ 0.24% SELIC 14.25% EMBRAER 81.77 ▼ 0.70% EMBRAER ADR 64.37 ▼ 0.82% JBS 12.03 ▼ 0.58% JBS BDR 61.50 ▲ 0.11% MBRF3 15.29 ▼ 0.71% MBRFY 2.93 ▲ 2.09% INTER 5.54 ▼ 1.42% EGX 52,928 ▲ 0.70% USD/ZAR16.46▲ 0.21% USD/NGN 1,378 — 0.00% NIKKEI 64,141 ▼ 4.03% CSI300 4,557 ▼ 3.01% HSI 24,518 ▼ 1.96% NIFTY 24,275 ▲ 0.84% KOSPI 6,821 ▼ 6.37% JCI 6,142 ▲ 0.55% USD/JPY162.19▼ 0.13% USD/CNY6.76▼ 0.17% DAX 24,915 ▼ 0.34% CAC 8,378 ▼ 0.05% FTSE 10,572 ▲ 0.54% MIB 52,374 ▼ 0.07% IBEX 19,304 ▲ 0.15% STOXX 643.73 ▲ 0.16% EUR/USD1.15▲ 0.12% GBP/USD1.35▼ 0.46% SPX 7,534 ▼ 0.51% DJI 52,553 ▼ 0.20% NDX 29,026 ▼ 1.62% RUT 2,975 ▼ 0.06% TSX 35,340 ▼ 0.21% VIX 16.73 ▲ 6.76% USD/CAD1.40▼ 0.09% US10Y 4.5690 ▲ 0.53% IBOV 173,825.27 ▼ 1.24% IPSA 10,947.38 ▼ 0.70% IPC MEX 66,358.81 ▼ 0.08% MERVAL 3,185,257 ▼ 3.22% COLCAP 2,285.11 ▼ 0.30% BVL PERÚ 57,112.22 — — USD/BRL 5.10 ▼ 0.10% USD/MXN 17.43 ▲ 0.05% USD/CLP 924.00 ▼ 0.22% USD/COP 3,228 ▼ 0.11% USD/PEN 3.39 ▲ 0.21% USD/ARS 1,475 ▼ 0.07% USD/UYU 40.18 ▲ 1.61% USD/PYG 6,030 ▲ 1.78% USD/BOB 10.63 ▲ 4.17% USD/DOP 58.33 ▲ 1.52% USD/CRC 447.87 ▲ 1.83% USD/GTQ 7.62 ▲ 2.69% USD/HNL 26.73 ▲ 1.94% USD/NIO 36.62 ▲ 1.17% USD/VES 730.65 ▲ 0.57% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.49 ▲ 0.80% USD/TTD 6.75 ▲ 1.81% EUR/BRL 5.83 ▲ 0.00% BRENT 84.35 ▲ 0.14% WTI 78.65 ▼ 0.38% IRON ORE 161.91 — — COPPER 6.23 ▼ 1.11% GOLD 4,002 ▲ 0.41% SILVER 55.81 ▼ 0.16% SOY 1,187 ▼ 0.65% CORN 459.25 ▲ 4.02% WHEAT 669.75 ▼ 0.74% COFFEE 313.95 ▼ 6.13% SUGAR 14.41 ▼ 2.96% ORANGE JUICE 134.95 ▼ 2.81% COTTON 79.07 ▼ 1.85% COCOA 5,441 ▼ 5.16% BEEF 223.05 ▼ 3.07% CATTLE 346.88 ▼ 0.88% LITHIUM 68.86 ▼ 3.10% PETR4 39.89 ▼ 1.72% VALE3 72.98 ▼ 2.05% ITUB4 42.55 ▼ 1.37% BBDC4 18.41 ▼ 1.02% ABEV3 15.60 ▲ 0.19% BBAS3 20.76 ▲ 1.02% B3SA3 15.39 ▼ 1.91% WEGE3 43.49 ▼ 1.74% PRIO3 56.79 ▼ 1.23% SUZB3 41.70 ▲ 0.53% RENT3 38.86 ▼ 3.69% AZZA3 18.53 ▼ 0.70% CSAN3 3.88 ▼ 1.27% RAIZ4 0.29 — 0.00% PCAR3 2.59 ▼ 1.15% GMAT3 3.92 ▼ 1.51% PSSA3 55.22 — 0.00% CVCB3 1.35 ▲ 0.75% POSI3 3.88 ▼ 1.77% SLCE3 13.61 ▲ 0.81% NATU3 8.56 ▼ 1.27% BRKM5 6.10 ▼ 4.84% RANI3 8.08 ▲ 1.25% CSNA3 5.10 ▼ 2.67% CMIN3 5.45 ▲ 4.01% USIM5 7.90 ▼ 3.66% GGBR4 23.91 ▼ 1.20% ENEV3 25.95 ▼ 3.71% CPFE3 47.19 ▲ 0.77% CMIG4 11.09 ▼ 0.54% EQTL3 39.85 ▼ 1.19% LREN3 13.65 ▼ 3.19% VIVT3 35.47 — 0.00% RAIL3 13.93 ▼ 1.00% KLABIN 17.36 ▼ 0.17% RAIA DROGASIL 18.52 ▼ 0.80% RDOR3 35.87 ▼ 0.39% HAPV3 10.95 ▼ 0.36% FLRY3 16.42 ▼ 0.55% SMTO3 15.72 ▲ 1.22% UGPA3 31.99 ▲ 2.86% VBBR3 34.37 ▲ 1.84% BBSE3 41.18 ▲ 1.15% BPAC11 56.59 ▼ 0.79% CURY3 31.29 ▼ 4.40% AERI3 2.02 — 0.00% VIVARA 23.35 ▼ 0.72% COMPASS 24.91 ▼ 0.80% VAMOS 3.16 ▲ 1.28% SANB11 26.83 ▼ 0.63% ASAI3 8.56 ▼ 1.15% SBSP3 29.30 ▼ 2.27% WALMEX 49.59 ▼ 0.22% GMEXICO 198.85 ▼ 0.68% FEMSA 225.20 ▲ 0.86% CEMEX 22.74 ▲ 0.53% GFNORTE 180.87 ▼ 1.41% BIMBO 58.25 ▲ 1.27% TELEVISA 9.52 ▼ 0.42% AMX 22.78 ▼ 0.09% GAP 391.88 ▼ 1.31% ASUR 280.94 ▼ 0.89% OMA 231.98 ▼ 1.37% KOF 179.47 ▲ 1.42% GRUMA 286.75 ▲ 1.92% KIMBER 38.78 ▲ 0.13% SQM-B 66,050 ▼ 2.72% COPEC 6,126 ▼ 1.35% BSANTANDER 78.16 ▼ 0.61% FALABELLA 5,853 ▼ 0.37% ENELAM 84.80 ▼ 1.11% CENCOSUD 2,005 ▼ 1.72% CMPC 1,074 ▼ 2.63% BANCO CHILE 188.88 ▼ 0.33% LATAM AIR 25.40 ▲ 2.01% YPF 75,975 ▼ 3.28% GGAL 7,860 ▼ 4.20% PAMPA 5,110 ▼ 2.48% TXAR 662.00 ▼ 1.34% ALUAR 940.00 ▼ 2.03% TGS 9,360 ▼ 4.00% CEPU 2,260 ▼ 3.58% MIRGOR 16,850 ▼ 0.74% COME 44.60 ▼ 2.26% LOMA NEGRA 3,558 ▼ 1.52% BYMA 301.50 ▼ 0.82% TELECOM ARG 4,180 ▼ 3.13% ECOPETROL 15.82 ▼ 1.00% BANCOLOMBIA 79.47 ▼ 2.55% GRUPO AVAL 4.97 ▼ 1.19% CREDICORP 387.44 ▼ 2.70% SOUTHERN COPPER 175.66 ▼ 3.24% BUENAVENTURA 30.17 ▼ 1.76% MERCADOLIBRE 1,857 ▲ 0.77% NUBANK 13.79 ▼ 0.65% XP 16.68 ▼ 1.13% PAGSEGURO 9.15 ▼ 0.65% STONE 11.20 ▼ 0.71% GLOBANT 32.20 ▲ 0.69% TECNOGLASS 46.83 ▲ 2.54% GAP AIRPORT 225.96 ▼ 0.81% ASUR 280.94 ▼ 0.89% OMA AIRPORT 107.21 ▼ 0.64% AMX ADR 26.14 ▲ 0.11% FEMSA ADR 129.49 ▲ 0.56% CEMEX ADR 13.10 ▲ 0.23% PETROBRAS ADR 17.47 ▼ 2.18% VALE ADR 14.22 ▼ 3.07% ITAU ADR 8.30 ▼ 1.78% SANTANDER BR 5.30 ▼ 0.93% AMBEV ADR 3.05 ▲ 0.66% CSN 1.00 ▼ 2.91% GERDAU 4.72 ▼ 1.77% LATAM ADR 53.18 ▼ 3.08% BTC 62,841 ▼ 1.49% ETH 1,830 ▼ 1.77% SOL 74.55 ▼ 0.96% XRP 1.09 ▼ 0.10% BNB 569.43 ▼ 0.48% ADA 0.16 ▼ 1.04% DOGE 0.07 ▼ 0.82% AVAX 6.49 ▼ 0.25% LINK 8.17 ▼ 1.93% DOT 0.85 ▼ 0.79% LTC 44.94 ▼ 0.01% BCH 223.10 ▲ 0.67% TRX 0.32 ▼ 0.31% XLM 0.18 ▼ 1.03% HBAR 0.07 ▼ 0.52% NEAR 1.94 ▼ 1.40% ATOM 1.50 ▼ 0.24% AAVE 90.91 ▼ 0.24% SELIC 14.25% EMBRAER 81.77 ▼ 0.70% EMBRAER ADR 64.37 ▼ 0.82% JBS 12.03 ▼ 0.58% JBS BDR 61.50 ▲ 0.11% MBRF3 15.29 ▼ 0.71% MBRFY 2.93 ▲ 2.09% INTER 5.54 ▼ 1.42% EGX 52,928 ▲ 0.70% USD/ZAR 16.47 ▲ 0.53% USD/NGN 1,378 — 0.00% NIKKEI 64,141 ▼ 4.03% CSI300 4,557 ▼ 3.01% HSI 24,518 ▼ 1.96% NIFTY 24,275 ▲ 0.84% KOSPI 6,821 ▼ 6.37% JCI 6,142 ▲ 0.55% USD/JPY 162.25 ▼ 0.06% USD/CNY 6.7728 ▲ 0.14% DAX 24,915 ▼ 0.34% CAC 8,378 ▼ 0.05% FTSE 10,572 ▲ 0.54% MIB 52,374 ▼ 0.07% IBEX 19,304 ▲ 0.15% STOXX 643.73 ▲ 0.16% EUR/USD 1.1453 ▲ 0.08% GBP/USD 1.3474 ▼ 0.04% SPX 7,534 ▼ 0.51% DJI 52,553 ▼ 0.20% NDX 29,026 ▼ 1.62% RUT 2,975 ▼ 0.06% TSX 35,340 ▼ 0.21% VIX 16.73 ▲ 6.76% USD/CAD 1.4030 ▼ 0.06% US10Y 4.5690 ▲ 0.53%
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Brazil Business - Brazil

Amazon: Brazil and Germany to Cooperate for Sustainable Production

By · December 11, 2019 · 3 min read

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RIO DE JANEIRO, BRAZIL – Brazil’s Ministry of Agriculture, Livestock and Supply is going to establish the Social and Environmental Adequacy Index to qualify the meat, soy and wood production chains in the states of Amazonas, Mato Grosso, Pará, Rondônia, and Tocantins.

The initiative, to favor the conservation of the Amazon Forest, is part of a technical cooperation project between Brazil and Germany for the period between 2020 and 2024.

According to the minister, people must be brought in and made aware that technology will give them an income. (Photo: Internet Reproduction)
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The index will be based on the National Rural Environmental Registry System (CAR), provided for in the Brazilian Forestry Code, the transition guides for controlling the circulation of animals raised for beef, and information from monitoring the exploitation of slave-like labor.

The cooperation agreement, signed on Monday, December 9th, at the Ministry’s headquarters in Brasília, involves a German donation of €25.5 million (US$28.3 million) and a counterpart of €12 million from the Brazilian government.

According to Minister Tereza Cristina, the project aims to “create tools to monitor the social and environmental situation of these production chains, generate added value to the products of sectors with good indices of sustainability and provide technical and managerial assistance to producers with low indices of sustainability”.

“Whoever is doing well, will gain momentum to have more quality and income. Those who are below the acceptable indicators will need to have the help of the State and technical assistance to go beyond this line, to be productive,” explained Minister Tereza Cristina.

According to the minister, people must be brought in and made aware that technology will give them an income.

“With this income, it will be possible for them to preserve and enjoy another standard of living, but within technology,” the minister said, emphasizing that the goal is not to exclude any producer, but to ensure that everyone works with no deforestation, with sustainability and respecting the laws.

New meat

The project begins with a focus on meat production in the states of the Legal Amazon region. “This cooperation agreement is very important for cattle ranching. I want to baptize it as ‘new meat’,” said Tereza Cristina. According to the minister, the initiative will help producers and open up markets.

Germany’s ambassador to Brazil, Georg Witshel, acknowledged that the free trade agreement with Mercosur will increase Brazil’s meat exports to the European Union. According to him, this trade depends on respect for the rules of the Paris Agreement (2015), which, among other things, provides protection against climate change.

“We endorse the Ministry’s efforts to develop technological solutions and promote a rural extension of excellence, with the aim of improving sustainability in agricultural production. We are confident that this will improve the positioning and market opportunities for Brazil’s agricultural products and, at the same time, contribute to a pairing with the goals for the conservation of natural resources and the Amazon rainforest,” said the diplomat.

The goal is not to exclude any producer, but to ensure that everyone works with no deforestation, with sustainability and respecting the laws. (Photo: Internet Reproduction)

According to data from the Ministry of Economy, frozen beef is equivalent to 1.1 percent of Brazil’s exports to the European Union, cellulose to 6.2 percent, and soybeans to almost 13 percent – plus bran and residues from the extraction of soybean oil and crushed soybeans, according to data from 2018.

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