Brazilian milk prices remained in an upward trend during Q1 2019, seeing a 4.4% month-on-month increase in March, according to the Brazilian Agricultural Research Company (EMBRAPA).

Prices of chicken meat and live poultry stayed at high levels in Brazil last week amid firm export demand and lower production.

Other wines being developed, on a smaller scale, include Chardonnay, Merlot, Cabernet Sauvignon, Cabernet Franc and Pinot Noir. Production in the state is based on the inversion of the grape cycle, harvesting grapes destined for the production of fine wines in winter.

Nestlé has big goals for its coffee segment in Brazil as the company sets to enter the roasted and ground markets under the brands Nescafé and Starbucks.

Corn prices in Brazil were stable in the physical market last week as the summer corn harvest started its final stage in the main producing regions and liquidity was low.

After receiving positive signals from investors from the US and Chile, Athena Foods, a subsidiary of Brazil's Minerva, may launch the initial public offering prospectus this week, according to Brazilian newspaper Valor Econômico.