The performance of Brazilian agribusiness, in 2024, was driven by a number of factors and supported by counterbalances of various kinds.
From a domestic perspective, the strengths (adequate harvests, increase in the addition of soy biodiesel, improvement in the operating results of meat-packing plants) contrasted with cyclical and structural weaknesses (adverse weather conditions, catastrophe in Rio Grande do Sul, delays in the purchase of fertilizers, static storage capacity). Externally, a number of opportunities (currency devaluation for exports, expansion and opening up of new markets) compete with blatant threats (slowdown in global and Chinese consumption, environmental pressure from activists, high sea freight prices). Read more…
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