Global Scans · Brazil · Weekly Summary

WHAT'S NEXT?: A recession in Brazil is expected to bottom out with growth turning positive starting in 2017. Its economy is expected to require a long period of fiscal and monetary adjustment after the political turmoil and public discontent of the last two years.

• [New] Brazil's Leadership Role: As the 2025 summit host and a pivotal member, Brazil's policy directions will influence BRICS' priorities in 2026, particularly in infrastructure and sustainable development. The Rio Times
• [New] The Central Bank of Brazil has cut rates for the first time in nearly two years, kickstarting a long-anticipated easing cycle amid greater uncertainty resulting from the conflict in the Middle East. Central Banking
• [New] With high production, Brazil could set a new record for exports, reaching 112 million tons, up from 108.2 million exported in 2024/25. hEDGEpoint Global Markets
• [New] Because the ecosystems had been so overlooked, their carbon-storing potential has not been included in Brazil's national carbon accounting, either. Live Science
• [New] The USDA's Brazil corn production estimate increased by 1 MMT as expected to 132.00 MMT and soybean production estimates remained at 180.00 MMT exceeding expectations by 0.60 MMT. iowafarmbureau.com
• [New] Investors should watch the Central Bank of Brazil's upcoming implementation of Drex, the digital real, which will launch its retail phase in late 2026. The Rio Times
• [New] Brazil's GDP growth should reach 2.1% in 2026, while Mexico and Colombia are projected to expand by 1.8% and 2.5% respectively. The Rio Times
• [New] When key semaglutide patents expire this month in countries including India, Canada, China, Turkey, and Brazil, generic versions of the active ingredient in Ozempic and Wegovy could be produced for as little as ~ $3 per person per month at the standard dose of 2.4 milligrams per week. Patients for Affordable Drugs Now
• [New] As a net oil exporter, Brazil has limited exposure to the conflict in the Middle East, but it could still be negatively affected if tensions persist beyond a few weeks. BBVA research
• [New] Global coffee prices have fallen sharply from the record highs above US$ 4.40/lb reached in early 2025, as Brazil's national supply agency forecasts a record 66.2 million bag harvest and Rabobank projects the first significant global production surplus in five years. CNS Media
• [New] Brazil continues to expand production as well, with Brazilian corn output projected above 125 million metric tons due to expanding second-crop acreage. Thaindus
• [New] The Brazil agriculture forecast agency Conab projects 2026 Brazil coffee production at a record 66.2 million bags, up 17.2% from a year ago. DTN Progressive Farmer
• [New] One of the primary risks for international investors in Brazil is currency volatility. The Rio Times
• [New] Brazilian farmers will have access to the input from other sources. valorinternational
• [New] With Brazil's record output contributing to oversupply and shifting trade patterns, Argentina's success will rely on competitive pricing and favorable weather in the coming weeks. Bitget
• [New] Four more countries - China, Brazil, Italy and Belgium - have signed up to the goal of at least tripling global nuclear energy capacity by 2050. World Nuclear News
• [New] Brazil crop areas are expected to be up by 3.0% in 2025/26. AgriBusiness Global
• [New] 2026/27 corn exports will decline to 3.1 billion bushels, a decrease of 200 million bushels, as competition from Brazil and Argentina increases. The FreightFA Brief
• [New] Brazil's record 66.2 million bag harvest forecast and Rabobank's projected 7-10 million bag global surplus are pushing arabica futures toward six-month lows. CNS Media
• [New] Brazil is the world's largest soybean exporter and a major corn supplier, making any disruption to farm operations significant for global grain markets. ADM Investor Services
• [New] A spike in diesel prices is emerging as the most immediate threat to Brazil's farm sector from the U.S.-Israeli attacks on Iran, raising costs for producers harvesting a record soybean crop amid an imbalance between domestic and external fuel prices. ADM Investor Services

Last updated: 24 March 2026