Are diesel prices squeezing Brazil's farm margins – and what does that mean for sugar prices?

About this episode

Andy Duff discusses the impact of rising diesel prices on Brazilian farm margins and sugar prices.

Rabobank's Head of Research for South America, Andy Duff, discusses the impact of rising diesel prices on sugar, grain, and soybean production. As Brazil relies heavily on long‑distance truck transport to move agricultural products inland, logistics costs can negatively impact Brazilian farm margins. Sugar prices have been on a roller-coaster ride in recent weeks, and Andy explains why the high probability of an El Niño event is a key price driver to watch. Disclaimer: Please refer to our global RaboResearch disclaimer at https://www.rabobank.com/knowledge/disclaimer/011417027/disclaimer for information about the scope and limitations of the material published on the podcast.

People in this episode

Guest: Andy Duff

Topics covered

• diesel prices
• Brazil agriculture
• sugar prices
• grain production
• soybean production
• logistics costs
• El Niño

Keywords

• diesel prices
• Brazil
• sugar prices
• grain production
• soybean production
• logistics costs
• El Niño

Mentioned in this episode

Organizations: Rabobank

Products: diesel, sugar, grain, soybean

Places: Brazil

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