Tidbits
The price of April urea futures at NOLA has declined $22 per ton since 12 February.
AgFeeds.com/br reports:
"After much complaint and pressure from the productive sector, the federal government found a way to unlock the financing of the 2024/2025 Safra Plan with subsidized credit lines which had been closed Thursday, 20 February.
Brazil’s Finance Minister Fernando Haddad announced late Friday, 21 February, the opening of an extraordinary credit line of R$4 billion to resume financing granted with subsidies in the current crop year.
A Provisional Measure will be issued to guarantee the resumption of operations starting next week."
During her first week as Secretary of Agriculture Brooke Rollins traveled to four states to hear directly from farmers and ranchers and to see their operations firsthand. She discussed with a dozen governors their collaboration in combating Avian Flu; met with Forest Service firefighters to thank them for their service and to hear their perspective on preventing and curtailing fires; spoke at the Republican Governors Association, the Western Governors’ Association, and the National Governors Association; and convened multiple policy briefings with her team, including on trade, Avian Flu, and work with the Department of Government Efficiency to optimize USDA. Here is video link of her first week in office: