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Recent Brazil research

* Brazil: Closer to the fiscal precipice, Grace Fan, Elizabeth Johnson, 17 Aug 2017
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Brazil: Sweet or sour? Ethanol and sugar 2009-10

Overview

The best global sugar fundamentals since 2006 are enabling Brazil’s ethanol and sugar sector to recover from three years of overexpansion. However, while sugar’s returns will be strong this year, the new 2009-10 season will still be a challenging one for many local millers. Credit continues to be expensive for debt-burdened mills, forcing many producers to sell ethanol below production costs despite the availability of a new government credit line for ethanol stocks. Other...

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