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Brazil: agribusiness giant Cargill announces new plant and multi-million dollar investment in Mato Grosso

Agribusiness giant Cargill will build a factory in Primavera do Leste in the Brazilian state of Mato Grosso.

The venture will cost R$100 million US$20.23 million), the news agency Reuters reported on Friday 19.

The company's focus is feeding beef cattle, with the production of animal supplements.

The construction of the unit will start this month and should end in December 2024.

Mato Grosso is the leader in producing grain biofuel and owns the largest national cattle herd.


According to Reuters, Cargill also intends to buy an industrial unit of Anhambi Produ . . .

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