
A regional agribusiness digest covers the BNDES approval of R$356.5 million for a cottonseed protein concentrate plant and biodiesel expansion in Pedra Preta, Mato Grosso. It also reports on the 4th Brazilian Grain Congress in Florianopolis, citing Rio Grande do Sul biodiesel output of 2.2 billion liters and a R$1.25 billion biofuel complex by Soli3 in Cruz Alta.
Expanding domestic biofuel capacity and new protein processing in Brazil adds to local demand for oilseeds and crushing byproducts. The effect on prices is gradual and regional.
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