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Home Trading News Stock Market

Brazil Soybean Terminal Seized by Protesters in Harvest Season

February 23, 2026
in Stock Market
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Brazil Soybean Terminal Seized by Protesters in Harvest Season
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(Bloomberg) — Native protesters have occupied a Cargill Inc. export terminal in Brazil’s Amazon area on the top of the soybean harvest, escalating a standoff that has affected shipments from one of many nation’s key export hubs and drawing condemnation from commerce teams. 

The protesters, members of indigenous teams, stormed the ability within the Port of Santarém in a single day Friday in Pará state, in response to the Folha de S.Paulo newspaper. 

The incident comes amid protests by 14 indigenous tribes within the area towards the launch of a public bidding for dredging the Tapajós River and a decree signed by President Luiz Inácio Lula da Silva that paves the way in which for the privatization of the administration of three rivers throughout the Amazon, totaling about 4,000 kilometers (2,500 miles).

“We urge the events instantly concerned to prioritize security, interact in constructive dialogue, and work in the direction of an answer that permits for the secure resumption of operations and the continued transport of meals to the place it’s wanted,” Cargill mentioned in an announcement. 

The terminal in Brazil’s Para state is a part of an array of Amazon ports that ship over 40% of Brazil’s corn and soybeans. The nation is at the moment harvesting soy, and exercise on the ports within the area is essential to maintain exports flowing this time of yr. Protesters beforehand blocked roads and land entry to Cargill’s terminal, halting the unloading of soybeans from vans, and likewise briefly shut down the doorway to Santarém airport, one of many area’s principal transport hubs.

“The try to intimidate corporations and employees by way of violence surpasses any democratic restrict,” the Federation of Industries of the State of Sao Paulo, Brazil’s largest manufacturing affiliation, mentioned in an announcement. “Acts of this nature affront the precise to property, threaten jobs, put lives in danger, and erode the authorized safety that sustains funding and growth.”

–With help from Mariana Durao and Daniel Carvalho.

Extra tales like this can be found on bloomberg.com



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Tags: BrazilHarvestProtestersSeasonSeizedSoybeanterminal
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