Commodity Shuttle: Canada is the leading supplier of fertilizers to Brazil

Canada was Brazil’s salvation in the supply of fertilizers this year. The country increased by 71% the volume exported to Brazilians from January to June, compared to the same period last year.

Brazilian imports from that North American country reached 2.29 million tons in this first half, worth US$ 1.77 billion. Practically the entire volume of fertilizers supplied to Brazil was potassium chloride.

Total Brazilian imports of fertilizers totaled 19.4 million tons in the first six months of this year, a volume 17% higher than in the same period last year.

Spending, however, increased by 178% in the period, due to high international prices. The cost was US$ 12.8 billion in the period.

During the whole of last year, 41.2 million tons were imported, worth US$ 15.2 billion.

Russia, despite the war against Ukraine, remains Brazil’s main supplier, sending 4.35 million tons to Brazilians this year. This volume increased by 5.1%.

The concern with the international scenario of supply of this input, makes the industry anticipate purchases. In June, as had already happened in May, the import volume exceeds 4 million tons.

In addition to Russia and Canada, they were on the list of main fertilizer suppliers for Morocco, China and the United States, according to data from Secex (Secretariat of Foreign Trade).

Coffee World exports reached 88 million bags in the first eight months of the 2021/22 crop, 1% above the volume of the same previous period, according to the ICO (International Coffee Organization).

cafe 2 Exports from South American countries recovered in May, exceeding those of the previous year by 25%, but fell by 10% from October 2021 to May 2022 compared to the same period before, according to the ICO.

Offer World coffee production is expected to be 167 million bags, 2% below the previous figure. Consumption rises 3.3% to 170 million bags.

prices In the domestic market, the bag of Arabica coffee rose to R$ 1,356 this Tuesday (5), according to Cepea (Center for Advanced Studies in Applied Economics). In New York, the September contract fell 1.7% to $2.21 a pound.