Wednesday, May 15, 2019

Agtech Paulista prepares international expansion

With 12 years in Brazil and already one of the largest agtechs in Latin America, the Paulista AgroTools negotiates with an investor to grow out there. The idea is that revenue with export of technologies, today around 30% of the total, is closer to 50% up to 2022, says the CEO, Sergio Rocha, to the column. AgroTools works with maps of rural properties used by banks, insurers, tradings, refrigerators and retailers to detect deforated areas and slave labor, among other information. With the internationalization and without taking the eye of the internal market, the company predicts that the revenues jump from R $21 million predicted this year to R $140 million in 2022. This result will depend on the contribution of the new partner's resources. The intention is to capture US $25 million, of which US $15 million for the acquisition of companies. House silver. Rocha intends to make the investor, to be announced in 90 days, a minority shareholder of AgroTools and, from there, open the second office outside Brazil, besides Argentina. "Our focus was to broaden the database and gain weight customers for our technology. Now it's expanding here and there. " Colombia, Africa and Eastern European countries are in the crosshairs, says Lucas Tuffi, commercial director of AgroTools. Today, the United States, Paraguay, Argentina and Australia are the main markets of Agtech. Thank you. Brazilian grain and cotton companies do not conceal the satisfaction with the delay in the trade agreement between the United States and China, aggravated after President Donald Trump has high tariffs on Chinese products on Friday. Even knowing that in the long term the commercial war will leave the world economy unheated, the executives celebrated the possibility of Brazil, for another year, to boost exports of soybeans and cotton to the Asian giant. Blow... Insurers celebrated when President Jair Bolsonaro promised, at Agrishow, in Ribeirão Preto, R $1 billion to grant the agricultural Insurance prize in the 2019/2020 crop, which starts in July and ends in June of next year. The volume of resources is 67% higher than the advertised last season. Daniel Nascimento, vice president of the Rural Insurance Commission of the National Federation of General Insurance (FenSeg), assesses that with this amount the sales of policies could triple in relation to the 64000 marketed in 2018. ... and beats. A few days later came the news of the cut of 16% in the volume of resources for this year, from R $440.5 billion to R $370 million. "We did not expect contingencies, even understanding the situation by which the country passes," says Nascimento. Still, he says "confident" that for the next harvest there will be no retreat. He believes that revenue from policies will grow by two digits (compared to 6% in 2018), with more insurers offering different products for new regions and cultures. Ethylic pressure. The Brazilian ethanol production sector will reinforce the pressure to keep the tariff up to 20% on the imported biofuel, billed until August. The subject will agitate behind the scenes of "Santander ISO Datagro New York Sugar & Ethanol Conference 2019", which takes place on Wednesday in the United States. Double. Representatives of the sector will act on both sides: they will try to convince Brazilian politicians and diplomats present the importance of taxing to preserve the competitiveness of ethanol and will negotiate with the Americans, owners of the only market able to export the Biofuel to the country and the main damage to Brazil's tariff. Fired. Even with the tariff, in April Brazil imported 227.8 million liters of ethanol, 106.4% more than the 110,350,000 liters purchased abroad in March, which reinforced the arguments to the producers here. On the agenda. The direct action of unconstitutionality (Adin) against the Law 15.684/2015, which regulated the environmental Regularization Program (PRA) in the state of São Paulo, should be judged at the session of Wednesday by the Court of Justice Paulista. The state program provides for the regularization of the areas of permanent preservation, of the legal reserve and is foreseen in the Brazilian Forestry code of 2012. But it is suspended inliminally in São Paulo since May 2016, because it is less restrictive and more flexible than federal law. From scratch. If the TJ of the state of São Paulo takes on the demand made in the Adin, the preparation of PRA in São Paulo can return to the square, with the need for a new regulation, or walk to higher offices of justice.
O Estado de S.Paulo - 13/05/2019 News Item translated automatically
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