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The National Supply Company changed its 2017/2018 harvest estimate, and the Brazilian Institute of Geography and Statistics its 2018 prediction. Still, output should drop from last year’s record numbers.

There was a 2.4% decline over December, according to the Brazilian Institute of Geography and Statistics (IBGE). It was the sharpest decline since February 2016 and it interrupted a sequence of positive results.

Expodireto Cotrijal opens on Monday in Rio Grande do Sul, featuring goods and services. The Arab Brazilian Chamber of Commerce will give a lecture on trade with the Middle East and North Africa.