IBOV 172,496.87 ▲ 0.68% IPC MEX 71,905.78 ▲ 0.05% MERVAL 2,848,945 — — USD/BRL5.56▼ 0.42% USD/MXN18.60▼ 0.12% USD/CLP983.06▼ 0.12% USD/COP3,287▲ 0.40% USD/PEN3.41▼ 0.06% USD/ARS1,547▲ 0.09% USD/UYU40.52▲ 3.70% USD/PYG6,174▲ 1.84% USD/BOB11.63▲ 0.92% USD/DOP60.48▲ 0.13% USD/CRC446.01▲ 1.66% USD/GTQ7.64▲ 3.18% USD/HNL26.90▲ 0.20% USD/NIO36.62▲ 1.17% USD/VES899.36▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.49▲ 2.33% USD/TTD6.72▲ 2.23% EUR/BRL6.17▼ 0.17% BRENT 94.04 ▲ 2.79% WTI 88.26 ▲ 2.58% IRON ORE 161.91 — — COPPER 6.30 ▲ 1.32% GOLD 4,011 ▼ 0.47% SILVER 52.24 ▲ 2.23% SOY 1,229 ▲ 0.35% CORN 445.50 ▼ 0.78% WHEAT 597.50 ▲ 0.80% COFFEE 265.90 ▼ 2.03% SUGAR 18.49 ▲ 2.21% ORANGE JUICE 144.20 ▼ 1.74% COTTON 82.64 ▲ 5.02% COCOA 5,041 ▲ 6.31% BEEF 219.25 ▲ 0.02% CATTLE 333.58 ▲ 0.98% LITHIUM 61.24 ▲ 2.10% PETR4 44.21 ▼ 1.65% VALE3 64.46 ▼ 0.52% ITUB4 41.79 ▲ 1.43% BBDC4 14.57 ▲ 0.21% ABEV3 15.80 ▲ 0.06% BBAS3 17.15 ▲ 0.29% B3SA3 14.81 ▲ 2.28% WEGE3 51.37 ▲ 0.82% PRIO3 61.58 ▲ 2.60% SUZB3 54.35 ▼ 0.20% RENT3 30.50 ▲ 2.38% AZZA3 15.14 ▲ 2.78% CSAN3 2.85 ▲ 6.34% RAIZ4 0.30 ▼ 98.77% PCAR3 2.57 ▲ 0.39% GMAT3 3.96 ▲ 3.94% PSSA3 46.40 ▼ 0.58% CVCB3 0.89 ▲ 3.49% POSI3 3.26 ▲ 3.49% SLCE3 17.12 ▲ 0.18% NATU3 5.61 ▲ 1.08% BRKM5 2.98 ▲ 2.05% RANI3 8.48 ▲ 0.36% CSNA3 4.46 ▲ 1.83% IBOV 172,496.87 ▲ 0.68% IPC MEX 71,905.78 ▲ 0.05% MERVAL 2,848,945 — — USD/BRL 5.56 ▼ 0.40% USD/MXN 18.60 ▼ 0.13% USD/CLP 984.36 ▲ 0.01% USD/COP 3,287 ▲ 0.39% USD/PEN 3.41 ▼ 0.06% USD/ARS 1,547 ▲ 0.09% USD/UYU 40.52 ▲ 3.70% USD/PYG 6,174 ▲ 1.84% USD/BOB 11.63 ▲ 0.92% USD/DOP 60.70 ▲ 0.50% USD/CRC 446.01 ▲ 1.66% USD/GTQ 7.64 ▲ 3.18% USD/HNL 26.90 ▲ 0.20% USD/NIO 36.62 ▲ 1.17% USD/VES 899.36 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.49 ▲ 2.33% USD/TTD 6.72 ▲ 2.23% EUR/BRL 6.17 ▼ 0.11% BRENT 94.04 ▲ 2.79% WTI 88.26 ▲ 2.58% IRON ORE 161.91 — — COPPER 6.30 ▲ 1.32% GOLD 4,011 ▼ 0.47% SILVER 52.24 ▲ 2.23% SOY 1,229 ▲ 0.35% CORN 445.50 ▼ 0.78% WHEAT 597.50 ▲ 0.80% COFFEE 265.90 ▼ 2.03% SUGAR 18.49 ▲ 2.21% ORANGE JUICE 144.20 ▼ 1.74% COTTON 82.64 ▲ 5.02% COCOA 5,041 ▲ 6.31% BEEF 219.25 ▲ 0.02% CATTLE 333.58 ▲ 0.98% LITHIUM 61.24 ▲ 2.10% PETR4 44.21 ▼ 1.65% VALE3 64.46 ▼ 0.52% ITUB4 41.79 ▲ 1.43% BBDC4 14.57 ▲ 0.21% ABEV3 15.80 ▲ 0.06% BBAS3 17.15 ▲ 0.29% B3SA3 14.81 ▲ 2.28% WEGE3 51.37 ▲ 0.82% PRIO3 61.58 ▲ 2.60% SUZB3 54.35 ▼ 0.20% RENT3 30.50 ▲ 2.38% AZZA3 15.14 ▲ 2.78% CSAN3 2.85 ▲ 6.34% RAIZ4 0.30 ▼ 98.77% PCAR3 2.57 ▲ 0.39% GMAT3 3.96 ▲ 3.94% PSSA3 46.40 ▼ 0.58% CVCB3 0.89 ▲ 3.49% POSI3 3.26 ▲ 3.49% SLCE3 17.12 ▲ 0.18% NATU3 5.61 ▲ 1.08% BRKM5 2.98 ▲ 2.05% RANI3 8.48 ▲ 0.36% CSNA3 4.46 ▲ 1.83%
since 2009
Wednesday, November 11, 2026

Latin America Agri Business

Venezuela Transfers Vast Lands to Brazilian Farmers While Strengthening Regional Ties

By · · 2 min read

President Nicolás Maduro signed a decree this week allocating 180,000 hectares in Venezuela’s Bolívar state to Brazil’s Landless Workers Movement (MST) while simultaneously approving a new Regional Agricultural Cooperation Framework Law.

These complementary initiatives aim to revolutionize food production and regional integration across Latin America. The MST land grant forms part of the “Patria Grande del Sur” project designed to boost agroecological production.

“We aim to produce organic food for our people, northern Brazil, and export markets,” Maduro declared during the signing ceremony. The project will cultivate beans, corn, cassava, plantains, and various other crops while raising livestock under sustainable practices.

Free daily brief — no card needed
Get every Brazil story in one morning email
We build you a personalized brief around the topics you follow — free for 7 days. Love it? Your first month after that is US$1.

Roxana Fernández, speaking for the MST, pledged to transform this initiative into “a model of production, agroecology, and technical training.” The MST brings substantial experience, having secured land for approximately 350,000 Brazilian families and established 2,000 schools teaching agroecological principles.

Venezuela’s Communes Minister Ángel Prado emphasized the significance of the transfer. “These lands now belong to the peasant people of Venezuela and South America, not large consortiums,” he stated.

Venezuela Transfers Vast Lands to Brazilian Farmers While Strengthening Regional Ties
Venezuela Transfers Vast Lands to Brazilian Farmers While Strengthening Regional Ties.
RT
Ask Rio Times
Latin American markets, currencies and companies.
Open the full Ask Rio Times →

The newly approved Agricultural Cooperation Law strengthens the existing alliance between ALBA-TCP and Petrocaribe member countries. The legislation prioritizes technical cooperation, trade diversification, and sustainable development across the ten-nation Bolivarian Alliance.

The LatAm Brief

One email, every weekday morning. What moved in Latin American markets, politics and expat life.

Yesterday’s subject line: “Petrobras to pay shareholders US$2.7 billion”

Free. We send a confirmation link first — nothing arrives until you click it. Unsubscribe with one click in any edition. If you stop opening us for 30 days we stop sending by ourselves, as we assume the interest is no longer there. See our privacy policy. We never share your email.

New Agricultural Law and Regional Cooperation

“This legal framework initiates the first ALBA Agricultural project approved at December’s summit,” Maduro explained. The law builds upon previous regional initiatives dating back to 2008’s “Alba Alimentos” program launched during a global food crisis.

The twin initiatives address urgent food security challenges affecting the region. Venezuela has suffered severe economic difficulties impacting domestic food production, while food insecurity rose by 4% in Brazil during the pandemic.

Minister Juan Carlos Loyo described the MST project as “a sustainable ecological initiative in popular hands,” highlighting its potential as a seed bank and diversified production model.

These agricultural partnerships demonstrate Venezuela’s strategy to strengthen food sovereignty through regional cooperation rather than competition. “We continue building agrarian socialism and food sovereignty,” Maduro concluded, framing these initiatives as belonging to “those who want equality and to be masters of our destiny.”

This article was produced by The Rio Times’ automated AI newsroom. Editorial responsibility: Matthias Camenzind, Publisher and Editor-in-Chief. The Rio Times also runs Ask Rio Times, which answers from 100,000+ of our own articles, the daily Latin America Power Map, and prediction-market odds on elections and markets.. How we use AI · Report an error

The Rio Times · Power Map
See who really holds power in Latin America
Click to open the Power Map →

Brazil runoff date: Sunday, October 25, poll closing times and when results start · Brazil runoff polls: Flávio 51%, Lula 49% · Kalshi and Polymarket odds

Rotate for Best Experience

This report is optimized for landscape viewing. Rotate your phone for the full experience.