Our Scans · Brazil · Weekly Summary

• [New] Latin America, driven by Brazil's Fuel of the Future law, is gaining traction, aiming for 2.4 Mt in capacity by 2030, largely from soy and tallow. Environment+Energy Leader
• [New] Brazil is expected to remain the world's top cotton exporter with 14.0 million bales, followed by the United States at 12.5 million bales. Textile Insights - Delivering Inspiring Information
• [New] Canada and Mexico, the largest steel exporters to the U.S., will experience significant impacts, along with Brazil, South Korea and various European suppliers. Straight Arrow News
• [New] China and Japan are both expected to see year-over-year growth, while the economic recovery in Argentina and favorable calendar effects in Brazil should enable an expansion in sales in South America. Morningstar, Inc.
• Non-OPEC sources, particularly the United States, Canada, Brazil, and Norway, are expected to drive supply growth, contributing an additional 1.5 mb/d in 2024 and 2025. Policy Center
• Latin America: Countries like Brazil and Argentina face hyperinflation risks, prompting private stablecoins pegged to USD or BRL to gain traction. Dzilla Pte. Ltd. - dzilla Wallet, Calculator, Media - d
• Petrobras's interest in Nigeria is part of a broader strategy to rebuild reserves and diversify its exploration portfolio by investing in new offshore opportunities outside Brazil. Valuechain
• South America remained a region of interest, with Brazil (20.14%) and Argentina (23.24%) experiencing spikes in mobile-specific threats. gurufocus
• Understanding and managing yield variability will be essential as Brazil looks to expand its soybean acreage, especially through pastureland conversion, understanding and managing yield variability will be essential. Farmdoc daily
• Understanding relative production risk is essential for evaluating future agricultural expansion, its role in global supply chains, and the United States's competitiveness with Brazil. Farmdoc daily
• In Brazil, wheat planting is underway with production forecast at 8.3 million tonnes, up 4.6 pc year-on-year, though Parana's expected planted area has been cut by 22 pc due to weak farmer interest. Grain Central
• With Thailand, Mexico, and Brazil at the top of the list of the top 10 exporting nations, the mango trade is expected to rise significantly in 2025. Cypher Exim
• Brazil is expected to become one of China's fastest-growing import destinations, and new economic opportunities are likely to emerge for every sector of the Brazilian economy. BRICS
• China is expected to lead the chemicals industry in the top five emerging nations, with a value of $3.71 trillion in 2029, followed by India and Brazil with expected values of $194.1 and $145.5 billion, respectively. Yahoo Finance
• The BRICS nations (Brazil, Russia, India, China, and South Africa) are expected to play a more substantial role in shaping international relations and driving economic growth. Event Nexus
• While other global producers of corn are expected to increase exports, the second-largest exporter behind the U.S.-Brazil - continues to increase domestic demand, which could limit their export growth. American AgCredit
• Production for Brazil was expected to be 175 million tonnes, as well as 48.5 million for Argentina. Grainews
• Latin America is emerging as a pivotal region in Shein's next growth chapter, with Brazil and Mexico expected to drive strong momentum over the next three years. Euromonitor
• Brazil is expected to hold a major revenue share in the region due to its growing ethanol production and export. Yahoo Finance
• Seaborne iron ore volumes are expected to grow 1.0% y/y in 2025 and 2.0% y/y in 2026, driven primarily by incremental supply from Australia (+6 Mt in 2025, +20 Mt in 2026), Brazil (+4 Mt each year), and West & Central Africa (+3 Mt in 2025, +20 Mt in 2026). Sahm
• In terms of exports, the largest changes are expected for the U.S. (+1.4 million bales to 12.5 million), Brazil (+1.1 million to 14.0 million), Australia, and the African Franc Zone (+400,000 bales to 4.6 million). Sourcing Journal
• The largest year-over-year country-level changes in production are expected in China (-3.0 million bales to 29.0 million), India (-500,000 bales to 24.5 million), Brazil (+1.3 million to 18.3 million), the U.S., Pakistan, Australia (-1.5 million to 4.1 million), and Turkey. Sourcing Journal
• Global soybean crushing volumes in 2025/26 are expected to grow 3% to 366.5 million tonnes, with most of the growth coming from China, the US, Brazil, Egypt, Pakistan, Argentina, Bangladesh, Thailand and Vietnam. UkrAgroConsult

Last updated: 17 June 2025