Surging Rice Prices Spark Caution: Bank of America’s Take on Camil and M. Dias Branco

As rice and wheat prices climb, the Bank of America (BofA) urges caution with shares of Camil (CAML3) and M. Dias Branco (MDIA3). The bank highlights several factors beyond mere cost increases that could impact profitability: consumer shifts to alternative products, fiercer competition, and squeezed profit margins. Since mid-2023, rice prices in Brazil have soared […]