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] The summer of 2026 will test the resilience of Brazilian agribusiness. Brazil: Extreme heat and La Nina pose a challenge to th
• [New] Brazilian agribusiness begins its planning for the summer of 2026 with a new climate alert: a markedly hot period is predicted. Brazil: Extreme heat and La Nina pose a challenge to th
• [New] Biological products, which are gaining increasing traction in Brazil, are expected to stand out among agribusiness innovations in 2026. valorinternational
• [New] Pix, Brazil's instant payments system, has become a global benchmark, onboarding over 70 million people by 2022 and projected to contribute $37.9 billion to Brazil's GDP by 2026 (or 2.0% of forecast GDP). OBSERVER RESEARCH FOUNDATION ( ORF )
• [New] While US protection extends to 2032, Novo Nordisk' primary semaglutide's patent expires in major markets next year, including China, India, Canada, Brazil, and Turkey, representing 40% of the global population. Pharmaphorum
• [New] China's steel consumption is slowing down, while global seaborne iron ore supply is expected to continue growing, with Australia and Brazil set to increase shipments. ANI
• [New] EV adoption is accelerating in emerging markets like Thailand, Vietnam, and Brazil, which could provide long-term growth opportunities even as competition intensifies. Economic Times
• [New] Canada's advisory warns about traveling near Brazil's borders, where criminal activities related to drugs and arms smuggling continue to pose significant risks. Travel And Tour World
• [New] Brazil took a hardline stance by passing a law that will ban loot boxes for minors starting in 2026. GamesIndustry.biz
• [New] A coalition of the willing led by China, Brazil, Mexico and others could join forces to uphold a rules-based trade system that would benefit the EU. The Parliament Magazine
• [New] Once fully operational, Chancay will function as a regional redistribution hub for exports from Peru, Argentina, Brazil, Chile, Ecuador and Colombia: from copper and lithium to soybeans and other agricultural products. VernonReporter
• [New] Widespread rain showers continue across central Brazil through early next week, but coverage could become more limited across east-central areas later in the week. DTN Progressive Farmer
• [New] Brazil is projected to harvest 6.5 billion bushels of soybeans in 2026, compared to the previous record of 6.301 billion bushels in 2025. AgriNews
• [New] Brazil will be once again supported by fiscal policy with a large income tax cut counterbalancing tight liquidity conditions from elevated interest rates. Ashmore Group
• [New] Brazil's arabica coffee crop for 2025-26 is projected 13% lower than 2024-25 due to erratic weather including drought, insufficient rainfall, and cold fronts in key areas like Minas Gerais. CoffeeBI | Coffee Business Intelligence
• [New] Outside the Organization of Petroleum-Exporting Countries (OPEC), Brazil, Guyana and Argentina will lead the growth in oil production in 2026, with recent deposit discoveries leading Latin America to be considered the new oil frontier. CIDOB
• [New] 2026 will bring stronger growth in property insurance - especially in auto - across Brazil, Argentina, and Mexico. valorinternational
• [New] Brazil is forecast to grow by 9.1%, the fastest among major markets, while Canada is projected to grow by 5.4%. dentsu
• [New] With less than 3% of Brazil's biomethane potential currently used, scaling distributed organic waste-to-fuel systems is a practical, high-impact opportunity. Sustainable Development Solutions Network
• [New] Brazil is set to harvest a record 177.1 million metric tons of soybeans in early 2026, a development that could have far-reaching implications for global markets and farmer profitability. UkrAgroConsult
• While Brazil is seeking relief from US tariffs, it is actively pursuing opportunities to expand into new markets. Coface
• Given the US need to find alternatives to China for critical mineral supplies, Brazil could become an attractive partner. Coface

Last updated: 06 January 2026