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Last Trade - 03/12/21

Sector
Consumer Defensives
Size
Mid Cap
Market Cap £1.38bn
Enterprise Value £1.28bn
Revenue £3.99bn
Position in Universe 223rd / 845

Grains crushers expand Brazil farmer training from soy to other crops

Thu 2nd September, 2021 8:51pm
By Ana Mano
    SAO PAULO, Sept 2 (Reuters) - Major grains crushers in
Brazil began offering farmer training on Thursday for growers of
crops other than soy, including wheat, corn and sugarcane,
oilseed crushing group Abiove said.
    The "Soy Plus" program renamed "Agro Plus" offers farmers
guidance on best practices including waste management,
environmental compliance and employee safety, according to
Abiove, which includes major grains traders ADM, LDC, Bunge,
Cargill, Amaggi and Cofco.
    Bernardo Pires, Abiove's sustainability manager, said the
expanded training to more producers, including cattle ranchers,
was a response to demand from Brazil's booming farm belt. In its
original format, the program helped soybean farmers boost
profits by improving farm management, Pires said. 
    "Due to these good results, it was natural to expand to
other supply chains," Pires said. 
    The program was jointly created in 2011 by Abiove and Mato
Grosso state's soy and corn farmer group Aprosoja. In 10 years,
it has trained more than 8,000 soy growers on 3,200 farms. 
    Pires said Abiove wants to triple the number of farmers
trained within 3 to 5 years as it revamps the program.
    Over 10 years, the program has cost some 35 million reais
($6.80 million), Abiove said. As more producers become eligible,
Abiove will seek out new partners to help shoulder the cost.    
    ($1 = 5.1465 reais)

 (Reporting by Ana Mano; 
Editing by Sandra Maler)
 ((ana.mano@thomsonreuters.com; Tel: +55-11-5644-7704; Mob:
+55-119-4470-4529; Reuters Messaging:
ana.mano.thomsonreuters.com@reuters.net))
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