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Agribusiness criticizes end of 6x1 scale at Expozebu opening
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Agribusiness leaders gathered at the Expozebu opening in Uberaba, Minas Gerais, on Saturday (25), criticized President Luiz Inácio Lula da Silva's government proposal to end the 6x1 work scale. The ABCZ president urged lawmakers to vote against it, highlighting risks to the sector's economy.
Banco do Brasil reported an adjusted net profit of R$3.4 billion for the first quarter of 2026 on Wednesday. The result marks a 54% drop from the same period last year and came in below market forecasts. Rising defaults in agribusiness drove higher provisions and prompted the bank to lower its full-year profit guidance.
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Following its 2025 results showing a 45.4% profit drop due to agribusiness delinquency, Banco do Brasil executives at the BB Day event forecast a 'W'-shaped recovery for the sector in 2026. The payments index is expected to reach 95%, with delinquency pressuring results into mid-year amid risks like Middle East tensions and El Niño. The bank will maintain risk-calibrated lending with stronger guarantees.
Brazil's pulp exports hit a record in 2025, with 22.25 million tons and revenues of US$ 10.25 billion. However, expert Andreas Mirow warns of a potential structural imbalance between supply and demand in coming years.
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Puerto Antioquia has begun operations in the Urabá region of Antioquia, establishing itself as a key node for Colombia's domestic and international trade. The maritime terminal provides logistical savings of 33% to 58% for producers compared to other national ports. Its modern infrastructure benefits sectors such as agribusiness and automotive.