IBOV 175,963.54 ▼ 0.38% IPSA 10,960.27 ▼ 0.58% IPC MEX 66,529.27 ▲ 0.85% MERVAL 3,288,122 ▲ 1.82% COLCAP 2,293.65 ▼ 0.22% BVL PERÚ 57,174.37 — — USD/BRL5.08▲ 0.10% USD/MXN17.38▼ 0.26% USD/CLP924.16▼ 0.26% USD/COP3,216▼ 0.62% USD/PEN3.38▼ 0.32% USD/ARS1,476▲ 0.34% USD/UYU40.15▲ 1.04% USD/PYG6,039▲ 1.28% USD/BOB10.65▲ 5.99% USD/DOP 58.30 — 0.00% USD/CRC447.49▲ 0.88% USD/GTQ7.62▲ 2.09% USD/HNL26.73▼ 0.01% USD/NIO36.62▲ 0.31% USD/VES723.93▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.69▲ 0.12% USD/TTD6.76▲ 1.32% EUR/BRL5.82▼ 0.54% BRENT 84.98 ▲ 0.30% WTI 79.58 ▲ 0.30% IRON ORE 161.91 — — COPPER 6.39 ▲ 1.00% GOLD 4,069 ▲ 0.19% SILVER 58.31 ▼ 0.79% SOY 1,202 ▼ 0.46% CORN 469.25 ▲ 8.18% WHEAT 677.75 ▲ 7.37% COFFEE 324.50 ▼ 3.77% SUGAR 14.86 ▼ 0.13% ORANGE JUICE 140.45 ▲ 0.14% COTTON 82.13 ▲ 3.18% COCOA 5,917 ▲ 4.54% BEEF 230.33 ▼ 0.48% CATTLE 344.95 ▼ 1.10% LITHIUM 71.08 ▼ 0.71% PETR4 40.64 ▼ 0.05% VALE3 74.80 ▲ 1.07% ITUB4 43.21 ▼ 0.96% BBDC4 18.63 — 0.00% ABEV3 15.58 ▼ 1.45% BBAS3 20.62 ▲ 0.15% B3SA3 15.78 ▲ 2.94% WEGE3 44.30 ▲ 0.23% PRIO3 57.89 ▲ 0.56% SUZB3 41.61 ▲ 1.22% RENT3 40.49 ▼ 0.12% AZZA3 18.58 ▼ 1.43% CSAN3 3.94 ▲ 1.29% RAIZ4 0.29 ▼ 6.45% PCAR3 2.61 ▲ 6.53% GMAT3 3.95 ▼ 0.25% PSSA3 55.26 ▲ 1.79% CVCB3 1.34 ▼ 2.90% POSI3 3.90 ▼ 2.26% SLCE3 13.46 ▼ 2.53% NATU3 8.71 ▲ 1.87% BRKM5 6.43 ▼ 5.86% RANI3 8.01 — 0.00% CSNA3 5.25 ▲ 0.96% CMIN3 5.23 ▲ 2.55% USIM5 8.23 — 0.00% GGBR4 24.38 ▲ 4.55% ENEV3 26.94 ▼ 0.85% CPFE3 47.10 ▼ 0.21% CMIG4 11.16 ▼ 0.36% EQTL3 40.41 ▼ 1.32% LREN3 14.02 ▼ 1.89% VIVT3 35.48 ▼ 0.11% RAIL3 14.05 ▼ 0.57% KLABIN 17.44 ▲ 0.69% RAIA DROGASIL 18.75 ▲ 0.81% RDOR3 35.89 ▼ 0.44% HAPV3 10.98 ▼ 1.88% FLRY3 16.45 ▲ 0.24% SMTO3 15.51 ▼ 3.78% UGPA3 31.08 ▲ 3.22% VBBR3 33.52 ▲ 0.66% BBSE3 40.70 ▲ 0.77% BPAC11 57.55 ▼ 0.69% CURY3 32.81 ▼ 2.32% AERI3 2.03 ▼ 1.93% VIVARA 23.36 ▼ 0.30% COMPASS 24.98 ▼ 0.87% VAMOS 3.11 ▼ 1.27% SANB11 27.13 ▼ 0.77% ASAI3 8.71 ▲ 0.58% SBSP3 29.96 ▼ 1.25% WALMEX 49.82 ▲ 1.12% GMEXICO 200.93 ▲ 0.69% FEMSA 223.70 ▼ 2.45% CEMEX 22.61 ▲ 1.85% GFNORTE 183.73 ▼ 1.32% BIMBO 57.70 ▲ 2.38% TELEVISA 9.59 ▲ 0.63% AMX 22.83 ▼ 0.09% GAP 397.88 ▲ 0.66% ASUR 283.08 ▲ 2.71% OMA 236.33 ▲ 0.56% KOF 178.06 ▼ 1.02% GRUMA 281.92 ▲ 0.90% KIMBER 38.76 ▲ 0.83% SQM-B 66,050 ▼ 2.72% COPEC 6,225 ▲ 0.24% BSANTANDER 77.86 ▼ 0.99% FALABELLA 5,890 ▲ 0.25% ENELAM 85.13 ▼ 0.72% CENCOSUD 2,009 ▼ 1.52% CMPC 1,081 ▼ 1.99% BANCO CHILE 187.83 ▼ 0.88% LATAM AIR 25.48 ▲ 2.33% YPF 78,400 ▲ 0.80% GGAL 8,190 ▲ 3.54% PAMPA 5,245 ▲ 0.29% TXAR 671.00 ▲ 1.36% ALUAR 962.00 ▲ 1.37% TGS 9,800 ▲ 0.93% CEPU 2,352 ▲ 1.07% MIRGOR 16,850 ▲ 0.60% COME 45.70 ▼ 0.11% LOMA NEGRA 3,623 ▲ 2.55% BYMA 303.75 ▲ 0.91% TELECOM ARG 4,345 ▲ 0.29% ECOPETROL 16.09 ▼ 0.46% BANCOLOMBIA 81.50 ▼ 0.73% GRUPO AVAL 5.08 ▲ 2.63% CREDICORP 397.36 ▲ 1.30% SOUTHERN COPPER 180.90 ▼ 0.81% BUENAVENTURA 31.13 ▲ 0.32% MERCADOLIBRE 1,838 ▼ 1.90% NUBANK 13.93 ▼ 0.46% XP 17.02 ▲ 0.86% PAGSEGURO 9.21 ▼ 0.75% STONE 11.23 ▼ 0.66% GLOBANT 31.67 ▲ 2.43% TECNOGLASS 45.85 ▲ 3.66% GAP AIRPORT 229.17 ▲ 1.43% ASUR 283.08 ▲ 2.71% OMA AIRPORT 108.63 ▲ 0.92% AMX ADR 26.19 ▲ 0.04% FEMSA ADR 128.76 ▼ 3.31% CEMEX ADR 13.06 ▲ 2.03% PETROBRAS ADR 17.84 ▼ 0.45% VALE ADR 14.69 ▲ 0.69% ITAU ADR 8.50 ▼ 0.58% SANTANDER BR 5.38 ▼ 0.28% AMBEV ADR 3.04 ▼ 1.78% CSN 1.04 ▲ 0.49% GERDAU 4.83 ▲ 4.77% LATAM ADR 54.84 ▲ 2.49% BTC 64,768 ▼ 0.29% ETH 1,921 ▲ 1.67% SOL 77.20 ▼ 0.72% XRP 1.11 ▼ 0.05% BNB 578.89 ▼ 0.49% ADA 0.16 ▼ 1.04% DOGE 0.07 ▼ 0.90% AVAX 6.70 ▲ 0.04% LINK 8.50 ▲ 1.88% DOT 0.85 ▼ 0.67% LTC 44.96 ▼ 1.04% BCH 228.00 ▼ 3.59% TRX 0.32 ▼ 0.38% XLM 0.19 ▲ 0.88% HBAR 0.07 — 0.00% NEAR 2.04 ▲ 1.54% ATOM 1.56 ▼ 0.32% AAVE 96.94 ▼ 1.97% SELIC 14.25% EMBRAER 81.90 ▼ 0.72% EMBRAER ADR 64.47 ▼ 0.68% JBS 12.15 ▲ 2.71% JBS BDR 61.52 ▲ 2.96% MBRF3 15.27 ▼ 5.10% MBRFY 3.00 ▼ 4.46% INTER 5.65 ▼ 0.96% EGX 52,558 ▲ 0.50% USD/ZAR16.31▼ 0.42% USD/NGN1,379▼ 0.25% NIKKEI 68,752 ▲ 1.49% CSI300 4,787 ▼ 0.20% HSI 24,681 ▲ 1.40% NIFTY 24,079 ▲ 0.11% KOSPI 7,284 ▲ 6.24% JCI 6,042 ▲ 0.04% USD/JPY162.08▼ 0.10% USD/CNY6.76▼ 0.19% DAX 25,000 ▼ 0.59% CAC 8,382 ▲ 0.19% FTSE 10,516 ▼ 0.13% MIB 52,411 ▼ 0.85% IBEX 19,276 ▼ 0.42% STOXX 642.71 ▲ 0.10% EUR/USD1.15▲ 0.49% GBP/USD1.35▲ 1.42% SPX 7,557 ▲ 0.17% DJI 52,598 ▲ 0.17% NDX 29,407 ▼ 0.61% RUT 2,976 ▲ 0.37% TSX 35,415 ▲ 0.27% VIX 15.76 ▼ 4.48% USD/CAD1.40▼ 0.15% US10Y 4.5450 ▼ 0.87% IBOV 175,963.54 ▼ 0.38% IPSA 10,960.27 ▼ 0.58% IPC MEX 66,529.27 ▲ 0.85% MERVAL 3,288,122 ▲ 1.82% COLCAP 2,293.65 ▼ 0.22% BVL PERÚ 57,174.37 — — USD/BRL 5.08 ▲ 0.10% USD/MXN 17.38 ▼ 0.26% USD/CLP 924.20 ▼ 0.26% USD/COP 3,216 ▼ 0.62% USD/PEN 3.38 ▼ 0.31% USD/ARS 1,476 ▲ 0.34% USD/UYU 40.15 ▲ 1.04% USD/PYG 6,039 ▲ 1.28% USD/BOB 10.65 ▲ 5.99% USD/DOP 58.30 — 0.00% USD/CRC 447.49 ▲ 0.88% USD/GTQ 7.62 ▲ 2.09% USD/HNL 26.73 ▼ 0.01% USD/NIO 36.62 ▲ 0.31% USD/VES 723.93 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.69 ▲ 0.12% USD/TTD 6.76 ▲ 1.32% EUR/BRL 5.82 ▼ 0.54% BRENT 84.98 ▲ 0.30% WTI 79.58 ▲ 0.30% IRON ORE 161.91 — — COPPER 6.39 ▲ 1.00% GOLD 4,069 ▲ 0.19% SILVER 58.31 ▼ 0.79% SOY 1,202 ▼ 0.46% CORN 469.25 ▲ 8.18% WHEAT 677.75 ▲ 7.37% COFFEE 324.50 ▼ 3.77% SUGAR 14.86 ▼ 0.13% ORANGE JUICE 140.45 ▲ 0.14% COTTON 82.13 ▲ 3.18% COCOA 5,917 ▲ 4.54% BEEF 230.33 ▼ 0.48% CATTLE 344.95 ▼ 1.10% LITHIUM 71.08 ▼ 0.71% PETR4 40.64 ▼ 0.05% VALE3 74.80 ▲ 1.07% ITUB4 43.21 ▼ 0.96% BBDC4 18.63 — 0.00% ABEV3 15.58 ▼ 1.45% BBAS3 20.62 ▲ 0.15% B3SA3 15.78 ▲ 2.94% WEGE3 44.30 ▲ 0.23% PRIO3 57.89 ▲ 0.56% SUZB3 41.61 ▲ 1.22% RENT3 40.49 ▼ 0.12% AZZA3 18.58 ▼ 1.43% CSAN3 3.94 ▲ 1.29% RAIZ4 0.29 ▼ 6.45% PCAR3 2.61 ▲ 6.53% GMAT3 3.95 ▼ 0.25% PSSA3 55.26 ▲ 1.79% CVCB3 1.34 ▼ 2.90% POSI3 3.90 ▼ 2.26% SLCE3 13.46 ▼ 2.53% NATU3 8.71 ▲ 1.87% BRKM5 6.43 ▼ 5.86% RANI3 8.01 — 0.00% CSNA3 5.25 ▲ 0.96% CMIN3 5.23 ▲ 2.55% USIM5 8.23 — 0.00% GGBR4 24.38 ▲ 4.55% ENEV3 26.94 ▼ 0.85% CPFE3 47.10 ▼ 0.21% CMIG4 11.16 ▼ 0.36% EQTL3 40.41 ▼ 1.32% LREN3 14.02 ▼ 1.89% VIVT3 35.48 ▼ 0.11% RAIL3 14.05 ▼ 0.57% KLABIN 17.44 ▲ 0.69% RAIA DROGASIL 18.75 ▲ 0.81% RDOR3 35.89 ▼ 0.44% HAPV3 10.98 ▼ 1.88% FLRY3 16.45 ▲ 0.24% SMTO3 15.51 ▼ 3.78% UGPA3 31.08 ▲ 3.22% VBBR3 33.52 ▲ 0.66% BBSE3 40.70 ▲ 0.77% BPAC11 57.55 ▼ 0.69% CURY3 32.81 ▼ 2.32% AERI3 2.03 ▼ 1.93% VIVARA 23.36 ▼ 0.30% COMPASS 24.98 ▼ 0.87% VAMOS 3.11 ▼ 1.27% SANB11 27.13 ▼ 0.77% ASAI3 8.71 ▲ 0.58% SBSP3 29.96 ▼ 1.25% WALMEX 49.82 ▲ 1.12% GMEXICO 200.93 ▲ 0.69% FEMSA 223.70 ▼ 2.45% CEMEX 22.61 ▲ 1.85% GFNORTE 183.73 ▼ 1.32% BIMBO 57.70 ▲ 2.38% TELEVISA 9.59 ▲ 0.63% AMX 22.83 ▼ 0.09% GAP 397.88 ▲ 0.66% ASUR 283.08 ▲ 2.71% OMA 236.33 ▲ 0.56% KOF 178.06 ▼ 1.02% GRUMA 281.92 ▲ 0.90% KIMBER 38.76 ▲ 0.83% SQM-B 66,050 ▼ 2.72% COPEC 6,225 ▲ 0.24% BSANTANDER 77.86 ▼ 0.99% FALABELLA 5,890 ▲ 0.25% ENELAM 85.13 ▼ 0.72% CENCOSUD 2,009 ▼ 1.52% CMPC 1,081 ▼ 1.99% BANCO CHILE 187.83 ▼ 0.88% LATAM AIR 25.48 ▲ 2.33% YPF 78,400 ▲ 0.80% GGAL 8,190 ▲ 3.54% PAMPA 5,245 ▲ 0.29% TXAR 671.00 ▲ 1.36% ALUAR 962.00 ▲ 1.37% TGS 9,800 ▲ 0.93% CEPU 2,352 ▲ 1.07% MIRGOR 16,850 ▲ 0.60% COME 45.70 ▼ 0.11% LOMA NEGRA 3,623 ▲ 2.55% BYMA 303.75 ▲ 0.91% TELECOM ARG 4,345 ▲ 0.29% ECOPETROL 16.09 ▼ 0.46% BANCOLOMBIA 81.50 ▼ 0.73% GRUPO AVAL 5.08 ▲ 2.63% CREDICORP 397.36 ▲ 1.30% SOUTHERN COPPER 180.90 ▼ 0.81% BUENAVENTURA 31.13 ▲ 0.32% MERCADOLIBRE 1,838 ▼ 1.90% NUBANK 13.93 ▼ 0.46% XP 17.02 ▲ 0.86% PAGSEGURO 9.21 ▼ 0.75% STONE 11.23 ▼ 0.66% GLOBANT 31.67 ▲ 2.43% TECNOGLASS 45.85 ▲ 3.66% GAP AIRPORT 229.17 ▲ 1.43% ASUR 283.08 ▲ 2.71% OMA AIRPORT 108.63 ▲ 0.92% AMX ADR 26.19 ▲ 0.04% FEMSA ADR 128.76 ▼ 3.31% CEMEX ADR 13.06 ▲ 2.03% PETROBRAS ADR 17.84 ▼ 0.45% VALE ADR 14.69 ▲ 0.69% ITAU ADR 8.50 ▼ 0.58% SANTANDER BR 5.38 ▼ 0.28% AMBEV ADR 3.04 ▼ 1.78% CSN 1.04 ▲ 0.49% GERDAU 4.83 ▲ 4.77% LATAM ADR 54.84 ▲ 2.49% BTC 64,768 ▼ 0.29% ETH 1,921 ▲ 1.67% SOL 77.20 ▼ 0.72% XRP 1.11 ▼ 0.05% BNB 578.89 ▼ 0.49% ADA 0.16 ▼ 1.04% DOGE 0.07 ▼ 0.90% AVAX 6.70 ▲ 0.04% LINK 8.50 ▲ 1.88% DOT 0.85 ▼ 0.67% LTC 44.96 ▼ 1.04% BCH 228.00 ▼ 3.59% TRX 0.32 ▼ 0.38% XLM 0.19 ▲ 0.88% HBAR 0.07 — 0.00% NEAR 2.04 ▲ 1.54% ATOM 1.56 ▼ 0.32% AAVE 96.94 ▼ 1.97% SELIC 14.25% EMBRAER 81.90 ▼ 0.72% EMBRAER ADR 64.47 ▼ 0.68% JBS 12.15 ▲ 2.71% JBS BDR 61.52 ▲ 2.96% MBRF3 15.27 ▼ 5.10% MBRFY 3.00 ▼ 4.46% INTER 5.65 ▼ 0.96% EGX 52,558 ▲ 0.50% USD/ZAR 16.31 ▼ 0.18% USD/NGN 1,379 ▼ 0.14% NIKKEI 68,752 ▲ 1.49% CSI300 4,787 ▼ 0.20% HSI 24,681 ▲ 1.40% NIFTY 24,079 ▲ 0.11% KOSPI 7,284 ▲ 6.24% JCI 6,042 ▲ 0.04% USD/JPY 162.06 ▼ 0.08% USD/CNY 6.7579 ▼ 0.07% DAX 25,000 ▼ 0.59% CAC 8,382 ▲ 0.19% FTSE 10,516 ▼ 0.13% MIB 52,411 ▼ 0.85% IBEX 19,276 ▼ 0.42% STOXX 642.71 ▲ 0.10% EUR/USD 1.1469 ▲ 0.39% GBP/USD 1.3537 ▲ 1.12% SPX 7,557 ▲ 0.17% DJI 52,598 ▲ 0.17% NDX 29,407 ▼ 0.61% RUT 2,976 ▲ 0.37% TSX 35,415 ▲ 0.27% VIX 15.76 ▼ 4.48% USD/CAD 1.4042 ▼ 0.14% US10Y 4.5450 ▼ 0.87%
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Wednesday, July 15, 2026

Agri Business Business - Brazil

Brazil’s Cocoa Comeback: Doubling Production by 2030

By · October 14, 2024 · 2 min read

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Brazil aims to double its cocoa production to 400,000 tons by 2030 through the Inova Cocoa 2030 Plan. Industry experts believe this goal is achievable, given the potential for productivity gains and increased farm investments.

Currently, Brazil produces about 200,000 tons of cocoa annually, less than 5% of global production. This places the country behind African leaders like Côte d’Ivoire and Ghana and South American rival Ecuador.

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However, Brazil’s agricultural expertise may soon change this landscape. The World Cocoa Foundation (WCF) sees boosting productivity as key to reaching Brazil’s goals.

Brazilian cocoa farms currently yield an average of 350 kg per hectare, half of some African regions. Yet, some Brazilian farmers already harvest over 1,000 kg per hectare.

Pedro Ronca, director of CocoaAction Brazil, envisions 1,000 kg per hectare becoming the norm. He believes farmers can achieve 1,500 kg per hectare with simple agronomic practices.

Brazil's Cocoa Comeback: Doubling Production by 2030
Brazil’s Cocoa Comeback: Doubling Production by 2030. (Photo Internet reproduction)
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The plan also aims to expand cocoa cultivation by 120,000 hectares. Strategies include improving productivity, expanding cultivation areas, promoting sustainable practices, and providing technical assistance.

Opportunities and Challenges

CocoaAction has trained technicians to support 2,600 producers in southern Bahia, with plans to reach 5,000 farmers soon. High global cocoa prices have created a favorable environment for Brazilian farmers.

They receive premiums of $2,000 per ton above international prices, encouraging more investment in cocoa farms. Brazil’s cocoa renaissance faces challenges, including the lingering effects of the “witches’ broom” disease from the 1990s.

However, the country’s agricultural infrastructure and aligned stakeholder interests provide a strong foundation for recovery. The global cocoa market has seen significant volatility, with major producers facing climate issues and diseases.

This instability led to historic price highs in early 2024, before stabilizing at around 5,000 pounds per ton. Brazil’s efforts come at an opportune time as the world seeks new cocoa sources.

Success depends on continued investment, technological adoption, and supportive policies. If achieved, Brazil’s cocoa resurgence could reshape the global market and provide economic opportunities for its people.

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