IBOV 167,921.80 ▼ 0.75% IPC MEX 69,779.20 ▼ 0.01% MERVAL 2,848,945 — — USD/BRL5.49▲ 0.94% USD/MXN18.60▲ 0.10% USD/CLP978.59▲ 0.09% USD/COP3,230▲ 5.96% USD/PEN3.46▼ 0.13% USD/ARS1,548▲ 0.18% USD/UYU40.19▲ 3.30% USD/PYG5,936▲ 4.80% USD/BOB12.05▲ 2.55% USD/DOP60.50▲ 3.07% USD/CRC449.50▲ 2.16% USD/GTQ7.64▲ 3.23% USD/HNL26.88▲ 3.34% USD/NIO36.62▲ 2.87% USD/VES888.88▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.59▲ 2.48% USD/TTD6.65▲ 1.39% EUR/BRL6.14▲ 1.29% BRENT 109.58 ▼ 5.38% WTI 100.12 ▼ 1.61% IRON ORE 161.91 — — COPPER 6.65 ▲ 2.24% GOLD 4,073 ▲ 0.85% SILVER 54.49 ▲ 0.70% SOY 1,250 ▲ 0.70% CORN 450.25 ▼ 1.04% WHEAT 614.75 ▼ 0.20% COFFEE 294.35 ▼ 2.19% SUGAR 19.26 ▲ 0.84% ORANGE JUICE 143.20 ▲ 5.45% COTTON 77.90 ▼ 1.47% COCOA 5,581 ▲ 1.66% BEEF 230.73 ▲ 0.33% CATTLE 346.40 ▼ 1.00% LITHIUM 62.43 ▲ 1.89% PETR4 53.31 ▼ 1.06% VALE3 62.88 ▼ 2.33% ITUB4 41.42 ▼ 0.67% BBDC4 15.69 ▼ 1.63% ABEV3 15.40 ▲ 0.20% BBAS3 17.59 ▲ 0.69% B3SA3 15.27 ▲ 1.33% WEGE3 45.78 ▲ 2.81% PRIO3 69.21 ▼ 2.71% SUZB3 47.14 ▼ 0.55% RENT3 31.14 ▼ 1.67% AZZA3 16.72 ▲ 1.15% CSAN3 2.69 ▼ 2.89% RAIZ4 0.34 — 0.00% PCAR3 2.22 ▼ 3.48% GMAT3 3.74 ▲ 2.19% PSSA3 47.75 ▼ 0.89% CVCB3 0.98 — 0.00% POSI3 3.56 ▼ 0.84% SLCE3 16.97 ▼ 2.75% NATU3 5.68 ▼ 3.89% BRKM5 3.80 ▲ 19.50% RANI3 7.34 ▼ 0.54% CSNA3 4.76 ▼ 4.99% IBOV 167,921.80 ▼ 0.75% IPC MEX 69,779.20 ▼ 0.01% MERVAL 2,848,945 — — USD/BRL 5.34 ▼ 1.32% USD/MXN 18.69 ▲ 0.62% USD/CLP 983.47 ▼ 0.57% USD/COP 3,149 ▲ 3.06% USD/PEN 3.45 ▲ 0.17% USD/ARS 1,537 ▼ 0.28% USD/UYU 40.21 ▲ 3.57% USD/PYG 5,803 ▲ 3.78% USD/BOB 11.97 ▲ 4.93% USD/DOP 60.54 ▲ 1.83% USD/CRC 451.24 ▲ 2.13% USD/GTQ 7.64 ▲ 3.23% USD/HNL 26.87 ▲ 3.37% USD/NIO 36.62 ▲ 2.81% USD/VES 885.08 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.69 ▲ 2.63% USD/TTD 6.71 ▲ 2.07% EUR/BRL 5.95 ▲ 7.53% BRENT 109.58 ▼ 5.38% WTI 100.12 ▼ 1.61% IRON ORE 161.91 — — COPPER 6.65 ▲ 2.24% GOLD 4,073 ▲ 0.85% SILVER 54.49 ▲ 0.70% SOY 1,250 ▲ 0.70% CORN 450.25 ▼ 1.04% WHEAT 614.75 ▼ 0.20% COFFEE 294.35 ▼ 2.19% SUGAR 19.26 ▲ 0.84% ORANGE JUICE 143.20 ▲ 5.45% COTTON 77.90 ▼ 1.47% COCOA 5,581 ▲ 1.66% BEEF 230.73 ▲ 0.33% CATTLE 346.40 ▼ 1.00% LITHIUM 62.43 ▲ 1.89% PETR4 53.31 ▼ 1.06% VALE3 62.88 ▼ 2.33% ITUB4 41.42 ▼ 0.67% BBDC4 15.69 ▼ 1.63% ABEV3 15.40 ▲ 0.20% BBAS3 17.59 ▲ 0.69% B3SA3 15.27 ▲ 1.33% WEGE3 45.78 ▲ 2.81% PRIO3 69.21 ▼ 2.71% SUZB3 47.14 ▼ 0.55% RENT3 31.14 ▼ 1.67% AZZA3 16.72 ▲ 1.15% CSAN3 2.69 ▼ 2.89% RAIZ4 0.34 — 0.00% PCAR3 2.22 ▼ 3.48% GMAT3 3.74 ▲ 2.19% PSSA3 47.75 ▼ 0.89% CVCB3 0.98 — 0.00% POSI3 3.56 ▼ 0.84% SLCE3 16.97 ▼ 2.75% NATU3 5.68 ▼ 3.89% BRKM5 3.80 ▲ 19.50% RANI3 7.34 ▼ 0.54% CSNA3 4.76 ▼ 4.99%
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Tuesday, November 3, 2026

Brazil Business - Brazil

Brazil proposes to strengthen Mercosur to become the “OPEC of food”

By · May 18, 2022 · 5 min read

RIO DE JANEIRO, BRAZIL – The Vice-President of Brazil, Antonio Hamilton Mourão, proposed strengthening Mercosur to become the “OPEC of food”, similar to the Organization of Petroleum Exporting Countries, which for several years was able to exert a decisive influence in the world based on this strategic fuel.

He did so in the initial part of a new edition of Mercosoja, an event promoted by Embrapa (Brazilian Agricultural Research Corporation), under the theme “Challenges for sustainable production in Mercosur”. Simultaneously, the 9th Brazilian Soybean Congress (CBSoja) is being held. The deliberations take place in Foz do Iguaçu. On this occasion, Argentina’s ACSOJA (the soybean chain) has actively collaborated with the organization.

Hamilton Mourão reaffirmed Brazil’s state policies, defining the agribusiness sector as the main driver of its development, with the challenge of promoting it and making it grow.

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Along these lines, he demanded that the Brazilian Congress pass laws to reduce taxes and made reference to adding more value to exports while guaranteeing more logistic investments to make producers more competitive.

Brazil's Vice-President, Antônio Hamilton Mourão.
Brazil’s Vice-President, Antônio Hamilton Mourão.
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THE MIRROR IN WHICH TO LOOK

The Sustainable Production and Irrigation Department director gave a sobering presentation on how Brazil intends to capture portions of a world mass of 30 trillion “green” dollars that are now available.

He also outlined the ABC Plan (Low Carbon Agriculture), low carbon and carbon neutral products, and the fact that the country has adopted public policies that are not of a government but of the State. Several governments have passed, and the ABC Plan is now in its second development phase.

In addition, in livestock, Brazil has carbon-neutral leather and low carbon meat, “which are a world example”.

“We should not sit back and wait for things to happen,” he said.

ACSOJA’S ASPIRATION

“Hopefully, we will manage to convince Argentine society that the path to our future development requires strengthening the sectors in which we are competitive,” commented Luis Zubizarreta, president of ACSOJA.

Zubizarreta participates in the event on behalf of the organization, together with Rodolfo Rossi, a member of the Executive Committee and former President of ACSOJA.

To follow the Congress: http://cbsoja.com.br

BRAZIL, AN AGRICULTURAL POWER

On the first day of the Congress, Fabiana Villa Alves, Director of the Department of Sustainable Production and Irrigation of the Brazilian Ministry of Agriculture, spoke of the need to produce more, with less land, fewer natural resources (water, soil, space), and emitting less greenhouse gases.

He recalled that Brazil is “a great power in sustainable agricultural products,” closely linked to innovation.

“We have great opportunities in soybeans and meat on sustainable bases. In 2020 we started working with low-carbon soybeans, and now there are other low-carbon and carbon-neutral products such as coffee and sugarcane, for example,” she said.

A STATE POLICY, NOT A GOVERNMENT POLICY

“Soybean agriculture in Mercosur is based on science. In Brazil, we owe 3 out of every 4 tons of productivity growth over a 40-year period to science. We have public policies that are not of a government but of the State. Several governments have passed, and the ABC Plan (Low Carbon Agriculture) is in its second phase. There are 12 public policies covering sustainability,” said Villa Alves.

30 BILLION “GREEN” DOLLARS

He repaired that there is more and more pressure from consumers, markets, and, above all, investors.

“It’s a no-turn road; there are US$30 trillion available in green private funds. They are shareholders and investors willing to finance to place resources in companies with clear criteria. In soybean, we have reputational advantages. We show that Brazil has no-till farming, attraction of green investments, risk mitigation, new opportunities, and lately, adherence to global goals and commitments,” he highlighted.

NOT WAITING FOR THINGS TO HAPPEN

Brazil has public and private protocols (organic soybeans, sustainable soybeans, low carbon soybeans) and minimum compliance standards through current legislation.

“Minimum compliance standards are going up over the years; we should not stay comfortable waiting for things to happen. We must create methodologies and ecosystems as they have already been created. The rules are ours, with internationally accepted indicators,” he noted.

LIVESTOCK AS WELL

The official referred to the fact that they have carbon-neutral leather and low carbon meat in livestock farming, which are world examples.

The State of Mato Grosso do Sul created a Carbon Neutral State and has actions in soybean, meat, and sugar cane.

GOALS, NOT STATEMENTS

The ABC Plan is the world’s largest sustainability policy for the agricultural sector being promoted by Brazil. It began in 2010 and is now in its second stage.

“We had hoped to reach the equivalent area of one Germany with one of the six technologies, and in 2020, we managed to exceed 50% of our goals and 15% of CO2 mitigation,” said Villa Alves.

In October 2020, ABC+ was launched with new targets and revised technologies. The goals are 72.68 million hectares, 208.4 million m3 of treated residues, and 5 million additional animals confined in intensive finishing.

These goals were built with working groups, convening Embrapa researchers, civil society, and associations. They are feasible goals that bring challenges. Until 2030, they will be one billion tons of carbon mitigation equivalents.

“The great objective of ABC+ is to achieve more sustainable, more resilient, and, therefore, more competitive agricultural systems,” concluded the Sustainable Production and Irrigation Department director.

THE NEW ABC+ GOALS

New goals for ABC+ Plan technologies:

  • 30 million ha of pastures recovered;
  • 12.5 million hectares of well-done no-tillage;
  • 10.10 million ha of integrated systems with combinations;
  • 4 million hectares of implanted forests;
  • 13 million hectares with bio-inputs, growth promoters, nitrogen fixers, etc.;
  • 208.40 million hectares of treated animal excrement;
  • 3 million hectares of irrigation systems as major mitigators and promoters of food security;
  • 5 million more animals with intensive confinement finishing.

With information from Agro Verdad

Editorial responsibility: Matthias Camenzind, Editor-in-Chief · Editorial standards · Report an error

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