Brazil Business - Brazil

Cargill’s profits in Brazil rise to US$385 million in 2020

By Latin America News · April 28, 2021 · 1 min read

RIO DE JANEIRO, BRAZIL – The net income of commodities trader Cargill Inc in Brazil reached R$2.1 billion (US$385.2 million) in 2020, the company said on Wednesday, an increase over 2019 results, boosted in large part by the devaluation of the local currency.

The volume of Brazil soy exports rose by 9% in 2020, Cargill said.

Cargill's profits in Brazil rise to US$385 mln in 2020 — Cargill’s profits in Brazil rise to US$385 mln in 2020. (Photo internet reproduction)

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Cargill’s president in Brazil, Paulo Sousa, told Reuters in an interview that the outlook for 2021 “tends” to positive, thanks to the foreign exchange rate and strong demand abroad for food products.

“In general terms, when the agricultural producer is happy to sell because prices are good, and when buyers are happy and want to buy independently of the price being historically high, that tends to be good for us because the market is valuing our service,” Sousa said.

Live Market IntelligenceBrazil — Live Market BoardInside: market breadth, the sector heatmap, currencies & rates, the Latin America scoreboard and the full instrument board.

Rio Times · Live Market Intelligence

Brazil — Live Market Board

B3 · São Paulo
Jul 20, 2026 · 20:32

Ibovespa · benchmark

173,371.35
-0.20%

L 173,222day rangeH 174,311

+29.22% over 12 months

Market breadth · 15 names

40% advancing

6 ▲ advancing9 declining ▼

Currencies, rates & key inputs

USD / BRL

5.09

-0.38%

EUR / BRL

5.81

-0.56%

Selic rate

14.25%

·

Brent crude

89.14

+1.18%

Iron ore

161.91

·

Sector heatmap · average move today

Consumer Staples

+1.02%

ABEV3

Energy

+0.17%

PETR4, PRIO3

Financials

+0.08%

ITUB4, BBDC4, BBAS3, B3SA3

Materials

-0.10%

SUZB3

Utilities

-0.12%

ENEV3

Mining

-0.91%

VALE3, CSNA3, GGBR4

Industrials

-1.55%

WEGE3, RENT3

Consumer Disc.

-2.26%

AZZA3

Latin America scoreboard

IndexLastTodayStrength

IbovespaBrazil
173,371.35
-0.20%

S&P/BMV IPCMexico
66,615.43
+0.39%

S&P IPSAChile
10,896.87
+0.10%

S&P MERVALArgentina
3,223,652
+0.74%

MSCI COLCAPColombia
2,298.34
+0.00%

BVL S&P PerúPeru
55,645.90
—

Full instrument board

Instrument	Last	Change	YoY	Prev.	High	Low	Volume
IBOV	173,371.35	-0.20%	+29.22%	173,714.08	174,311	173,222	—
USD/BRL	5.09	-0.38%	-8.73%	5.11	5.09	5.09	—
SELIC	14.25%		—	—	—	—	—
PETR4	41.15	+0.61%	+32.53%	40.90	41.44	40.47	26,963,500
VALE3	71.93	-1.38%	+28.33%	72.94	73.25	71.71	13,089,500
ITUB4	42.30	+0.81%	+22.80%	41.96	42.53	42.10	12,606,000
BBDC4	18.41	+0.66%	+17.41%	18.29	18.51	18.28	12,802,000
BBAS3	20.17	-1.56%	+1.56%	20.49	20.54	20.13	15,034,700
B3SA3	15.26	+0.39%	+16.49%	15.20	15.43	15.14	16,305,400
ABEV3	15.79	+1.02%	+17.66%	15.63	15.83	15.58	24,319,200
WEGE3	43.13	-1.15%	+2.76%	43.63	43.79	43.02	3,973,600
PRIO3	57.69	-0.28%	+34.92%	57.85	58.72	57.62	4,922,600
SUZB3	41.89	-0.10%	-17.86%	41.93	42.03	41.11	4,464,600
RENT3	37.49	-1.94%	+4.66%	38.23	38.38	37.41	5,723,900
AZZA3	18.17	-2.26%	-48.86%	18.59	18.75	18.16	906,100
CSNA3	5.07	+0.40%	-36.55%	5.05	5.12	5.03	6,876,700
GGBR4	23.62	-1.75%	+42.12%	24.04	24.25	23.53	4,272,800
ENEV3	25.65	-0.12%	+85.87%	25.68	25.84	25.47	6,953,200

Largest moves today

AZZA3
18.17
-2.26%

RENT3
37.49
-1.94%

GGBR4
23.62
-1.75%

BBAS3
20.17
-1.56%

VALE3
71.93
-1.38%

WEGE3
43.13
-1.15%

ABEV3
15.79
+1.02%

ITUB4
42.30
+0.81%

The session read

The Ibovespa eased 0.20%, with breadth negative — 6 of 15 names higher. Consumer Staples led, while Consumer Disc. lagged.

From The Rio Times

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