IBOV 178,370.29 ▲ 0.21% IPSA 11,020.25 ▼ 0.27% IPC MEX 66,700.17 ▼ 0.35% MERVAL 3,228,053 ▼ 1.42% COLCAP 2,366.58 ▼ 0.76% BVL PERÚ 57,475.88 — — USD/BRL5.14▲ 0.93% USD/MXN17.27▼ 0.43% USD/CLP911.60▼ 1.50% USD/COP3,193▲ 1.91% USD/PEN3.39▼ 0.12% USD/ARS1,496▲ 0.12% USD/UYU40.19▲ 1.51% USD/PYG5,932▲ 1.71% USD/BOB12.03▲ 3.12% USD/DOP58.31▲ 2.03% USD/CRC446.90▲ 1.41% USD/GTQ7.62▲ 2.50% USD/HNL26.78▲ 1.90% USD/NIO36.62▲ 1.01% USD/VES750.21▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD156.98▲ 0.45% USD/TTD6.71▲ 1.12% EUR/BRL5.92▲ 1.11% BRENT 79.34 ▼ 5.29% WTI 75.80 ▼ 5.65% IRON ORE 161.91 — — COPPER 6.64 ▲ 1.96% GOLD 4,145 ▲ 2.76% SILVER 59.98 ▲ 4.01% SOY 1,178 ▲ 0.75% CORN 465.50 ▲ 3.62% WHEAT 639.00 ▼ 1.84% COFFEE 307.70 ▼ 3.69% SUGAR 15.06 ▲ 0.33% ORANGE JUICE 157.35 ▼ 0.63% COTTON 81.44 ▲ 0.11% COCOA 6,089 ▲ 2.53% BEEF 227.85 ▼ 1.41% CATTLE 345.95 ▼ 0.54% LITHIUM 71.79 ▲ 3.42% PETR4 42.61 ▼ 1.02% VALE3 76.32 ▲ 2.25% ITUB4 42.25 ▼ 2.13% BBDC4 18.25 ▼ 1.52% ABEV3 15.82 ▲ 0.32% BBAS3 21.06 ▼ 0.99% B3SA3 15.64 ▲ 0.13% WEGE3 48.74 ▲ 1.12% PRIO3 57.97 ▼ 0.91% SUZB3 42.60 ▼ 1.16% RENT3 38.81 ▲ 1.86% AZZA3 16.02 ▼ 1.29% CSAN3 3.97 ▼ 3.17% RAIZ4 0.29 ▲ 11.54% PCAR3 2.77 ▲ 0.73% GMAT3 3.96 ▼ 0.25% PSSA3 54.28 ▲ 0.52% CVCB3 1.40 ▼ 2.78% POSI3 3.50 ▼ 0.28% SLCE3 13.46 ▲ 0.82% NATU3 8.44 ▼ 0.71% BRKM5 5.90 ▼ 1.01% RANI3 8.35 ▼ 0.83% CSNA3 4.67 ▲ 3.55% CMIN3 5.69 ▼ 0.70% USIM5 7.46 ▼ 1.32% GGBR4 26.00 ▲ 1.44% ENEV3 26.91 ▲ 0.60% CPFE3 46.41 ▲ 0.65% CMIG4 11.22 ▼ 0.53% EQTL3 38.99 ▲ 0.26% LREN3 13.68 ▼ 1.23% VIVT3 31.76 ▼ 1.67% RAIL3 14.05 ▼ 0.78% KLABIN 18.08 ▼ 0.88% RAIA DROGASIL 19.41 ▲ 2.97% RDOR3 34.25 ▲ 0.56% HAPV3 11.64 ▼ 2.27% FLRY3 17.45 ▲ 1.04% SMTO3 13.82 ▼ 3.89% UGPA3 32.66 ▼ 1.33% VBBR3 35.36 ▼ 2.13% BBSE3 41.83 ▲ 1.14% BPAC11 57.18 ▲ 0.11% CURY3 31.68 ▲ 0.73% AERI3 2.18 ▲ 1.40% VIVARA 22.53 ▼ 1.36% COMPASS 24.55 ▼ 2.19% VAMOS 3.22 ▼ 1.23% SANB11 29.15 ▲ 0.76% ASAI3 8.64 ▲ 1.05% SBSP3 27.85 ▲ 1.02% WALMEX 50.06 ▲ 0.54% GMEXICO 217.96 ▲ 2.66% FEMSA 215.23 ▼ 0.94% CEMEX 19.99 ▼ 2.96% GFNORTE 197.27 ▼ 0.69% BIMBO 60.92 ▼ 0.60% TELEVISA 9.44 ▼ 2.88% AMX 21.44 ▼ 0.79% GAP 382.09 ▲ 1.60% ASUR 276.22 ▼ 0.85% OMA 238.04 ▲ 3.32% KOF 186.06 ▲ 0.56% GRUMA 263.46 ▼ 0.20% KIMBER 40.11 ▼ 0.05% SQM-B 62,284 ▲ 0.60% COPEC 6,280 ▼ 0.98% BSANTANDER 79.46 ▼ 1.22% FALABELLA 6,335 ▼ 0.77% ENELAM 87.70 ▲ 0.80% CENCOSUD 2,008 ▲ 2.72% CMPC 1,048 ▼ 0.24% BANCO CHILE 190.68 ▼ 0.94% LATAM AIR 25.44 ▲ 0.75% YPF 7,815 ▼ 3.58% GGAL 7,805 ▼ 2.07% PAMPA 5,365 ▼ 2.45% TXAR 650.00 ▼ 0.69% ALUAR 954.00 ▼ 1.29% TGS 9,585 ▼ 3.08% CEPU 2,285 ▼ 3.59% MIRGOR 1,640 — 0.00% COME 42.30 ▼ 2.06% LOMA NEGRA 3,488 ▼ 2.79% BYMA 289.75 ▼ 0.94% TELECOM ARG 4,310 ▼ 1.71% ECOPETROL 16.11 ▼ 2.98% BANCOLOMBIA 89.95 ▼ 1.27% GRUPO AVAL 5.24 — 0.00% CREDICORP 394.34 ▼ 0.37% SOUTHERN COPPER 195.34 ▲ 5.07% BUENAVENTURA 32.00 ▲ 5.00% MERCADOLIBRE 1,869 ▼ 1.57% NUBANK 14.47 ▲ 0.21% XP 17.16 ▲ 0.73% PAGSEGURO 9.47 ▼ 1.41% STONE 11.20 ▼ 1.32% GLOBANT 37.53 ▲ 1.04% TECNOGLASS 46.52 ▼ 0.51% GAP AIRPORT 221.45 ▲ 1.52% ASUR 276.22 ▼ 0.85% OMA AIRPORT 110.22 ▲ 3.27% AMX ADR 24.77 ▼ 0.76% FEMSA ADR 124.42 ▼ 1.06% CEMEX ADR 11.55 ▼ 2.45% PETROBRAS ADR 18.79 ▼ 1.44% VALE ADR 14.86 ▲ 1.89% ITAU ADR 8.25 ▼ 2.83% SANTANDER BR 5.71 ▼ 0.61% AMBEV ADR 3.05 ▼ 0.16% CSN 0.92 ▼ 0.61% GERDAU 5.08 ▲ 0.40% LATAM ADR 55.67 ▲ 2.12% BTC 64,334 ▲ 1.38% ETH 1,878 ▲ 1.05% SOL 74.23 ▲ 1.03% XRP 1.08 ▲ 0.39% BNB 594.20 ▲ 0.92% ADA 0.19 ▼ 0.99% DOGE 0.07 ▲ 0.48% AVAX 6.73 ▲ 2.50% LINK 8.24 ▲ 0.78% DOT 0.84 ▲ 2.06% LTC 44.69 ▲ 1.00% BCH 214.21 ▲ 0.51% TRX 0.33 ▲ 0.11% XLM 0.17 ▼ 0.69% HBAR 0.07 ▼ 0.62% NEAR 1.74 ▲ 0.55% ATOM 1.37 ▲ 0.61% AAVE 90.63 ▼ 1.79% SELIC 14.25% EMBRAER 89.95 ▲ 0.39% EMBRAER ADR 70.18 ▼ 1.07% JBS 13.54 ▼ 1.60% JBS BDR 69.35 ▼ 0.32% MBRF3 16.93 ▼ 4.35% MBRFY 3.25 ▼ 3.56% INTER 5.63 — 0.00% EGX 54,502 ▲ 0.75% USD/ZAR16.39▼ 0.83% USD/NGN1,360▼ 0.28% NIKKEI 63,958 ▲ 0.32% CSI300 4,601 ▲ 1.27% HSI 25,853 ▼ 0.60% NIFTY 24,615 ▼ 0.64% KOSPI 6,359 ▲ 1.62% JCI 6,320 ▲ 1.37% USD/JPY157.65▲ 0.30% 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2.76% SILVER 59.98 ▲ 4.01% SOY 1,178 ▲ 0.75% CORN 465.50 ▲ 3.62% WHEAT 639.00 ▼ 1.84% COFFEE 307.70 ▼ 3.69% SUGAR 15.06 ▲ 0.33% ORANGE JUICE 157.35 ▼ 0.63% COTTON 81.44 ▲ 0.11% COCOA 6,089 ▲ 2.53% BEEF 227.85 ▼ 1.41% CATTLE 345.95 ▼ 0.54% LITHIUM 71.79 ▲ 3.42% PETR4 42.61 ▼ 1.02% VALE3 76.32 ▲ 2.25% ITUB4 42.25 ▼ 2.13% BBDC4 18.25 ▼ 1.52% ABEV3 15.82 ▲ 0.32% BBAS3 21.06 ▼ 0.99% B3SA3 15.64 ▲ 0.13% WEGE3 48.74 ▲ 1.12% PRIO3 57.97 ▼ 0.91% SUZB3 42.60 ▼ 1.16% RENT3 38.81 ▲ 1.86% AZZA3 16.02 ▼ 1.29% CSAN3 3.97 ▼ 3.17% RAIZ4 0.29 ▲ 11.54% PCAR3 2.77 ▲ 0.73% GMAT3 3.96 ▼ 0.25% PSSA3 54.28 ▲ 0.52% CVCB3 1.40 ▼ 2.78% POSI3 3.50 ▼ 0.28% SLCE3 13.46 ▲ 0.82% NATU3 8.44 ▼ 0.71% BRKM5 5.90 ▼ 1.01% RANI3 8.35 ▼ 0.83% CSNA3 4.67 ▲ 3.55% CMIN3 5.69 ▼ 0.70% USIM5 7.46 ▼ 1.32% GGBR4 26.00 ▲ 1.44% ENEV3 26.91 ▲ 0.60% CPFE3 46.41 ▲ 0.65% CMIG4 11.22 ▼ 0.53% EQTL3 38.99 ▲ 0.26% LREN3 13.68 ▼ 1.23% VIVT3 31.76 ▼ 1.67% RAIL3 14.05 ▼ 0.78% KLABIN 18.08 ▼ 0.88% RAIA DROGASIL 19.41 ▲ 2.97% RDOR3 34.25 ▲ 0.56% HAPV3 11.64 ▼ 2.27% FLRY3 17.45 ▲ 1.04% SMTO3 13.82 ▼ 3.89% UGPA3 32.66 ▼ 1.33% VBBR3 35.36 ▼ 2.13% BBSE3 41.83 ▲ 1.14% BPAC11 57.18 ▲ 0.11% CURY3 31.68 ▲ 0.73% AERI3 2.18 ▲ 1.40% VIVARA 22.53 ▼ 1.36% COMPASS 24.55 ▼ 2.19% VAMOS 3.22 ▼ 1.23% SANB11 29.15 ▲ 0.76% ASAI3 8.64 ▲ 1.05% SBSP3 27.85 ▲ 1.02% WALMEX 50.06 ▲ 0.54% GMEXICO 217.96 ▲ 2.66% FEMSA 215.23 ▼ 0.94% CEMEX 19.99 ▼ 2.96% GFNORTE 197.27 ▼ 0.69% BIMBO 60.92 ▼ 0.60% TELEVISA 9.44 ▼ 2.88% AMX 21.44 ▼ 0.79% GAP 382.09 ▲ 1.60% ASUR 276.22 ▼ 0.85% OMA 238.04 ▲ 3.32% KOF 186.06 ▲ 0.56% GRUMA 263.46 ▼ 0.20% KIMBER 40.11 ▼ 0.05% SQM-B 62,284 ▲ 0.60% COPEC 6,280 ▼ 0.98% BSANTANDER 79.46 ▼ 1.22% FALABELLA 6,335 ▼ 0.77% ENELAM 87.70 ▲ 0.80% CENCOSUD 2,008 ▲ 2.72% CMPC 1,048 ▼ 0.24% BANCO CHILE 190.68 ▼ 0.94% LATAM AIR 25.44 ▲ 0.75% YPF 7,815 ▼ 3.58% GGAL 7,805 ▼ 2.07% PAMPA 5,365 ▼ 2.45% TXAR 650.00 ▼ 0.69% ALUAR 954.00 ▼ 1.29% TGS 9,585 ▼ 3.08% CEPU 2,285 ▼ 3.59% MIRGOR 1,640 — 0.00% COME 42.30 ▼ 2.06% LOMA NEGRA 3,488 ▼ 2.79% BYMA 289.75 ▼ 0.94% TELECOM ARG 4,310 ▼ 1.71% ECOPETROL 16.11 ▼ 2.98% BANCOLOMBIA 89.95 ▼ 1.27% GRUPO AVAL 5.24 — 0.00% CREDICORP 394.34 ▼ 0.37% SOUTHERN COPPER 195.34 ▲ 5.07% BUENAVENTURA 32.00 ▲ 5.00% MERCADOLIBRE 1,869 ▼ 1.57% NUBANK 14.47 ▲ 0.21% XP 17.16 ▲ 0.73% PAGSEGURO 9.47 ▼ 1.41% STONE 11.20 ▼ 1.32% GLOBANT 37.53 ▲ 1.04% TECNOGLASS 46.52 ▼ 0.51% GAP AIRPORT 221.45 ▲ 1.52% ASUR 276.22 ▼ 0.85% OMA AIRPORT 110.22 ▲ 3.27% AMX ADR 24.77 ▼ 0.76% FEMSA ADR 124.42 ▼ 1.06% CEMEX ADR 11.55 ▼ 2.45% PETROBRAS ADR 18.79 ▼ 1.44% VALE ADR 14.86 ▲ 1.89% ITAU ADR 8.25 ▼ 2.83% SANTANDER BR 5.71 ▼ 0.61% AMBEV ADR 3.05 ▼ 0.16% CSN 0.92 ▼ 0.61% GERDAU 5.08 ▲ 0.40% LATAM ADR 55.67 ▲ 2.12% BTC 64,334 ▲ 1.38% ETH 1,878 ▲ 1.05% SOL 74.23 ▲ 1.03% XRP 1.08 ▲ 0.39% BNB 594.20 ▲ 0.92% ADA 0.19 ▼ 0.99% DOGE 0.07 ▲ 0.48% AVAX 6.73 ▲ 2.50% LINK 8.24 ▲ 0.78% DOT 0.84 ▲ 2.06% LTC 44.69 ▲ 1.00% BCH 214.21 ▲ 0.51% TRX 0.33 ▲ 0.11% XLM 0.17 ▼ 0.69% HBAR 0.07 ▼ 0.62% NEAR 1.74 ▲ 0.55% ATOM 1.37 ▲ 0.61% AAVE 90.63 ▼ 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Tuesday, August 4, 2026

Agri Business Business - Brazil

Cocoa Boom in Bahia’s Cerrado

By · May 1, 2024 · 2 min read

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In Western Bahia, a non-traditional cocoa farming area, producers are rapidly expanding their operations to meet global demand.

They aim to supply 3 million seedlings across Brazil, a testament to the area’s growing investment appeal. Over the past five years, investment in this crop has surged.

Miguel Andrighetti, a local farmer, began cultivating cocoa that was sun-exposed and intercropped with acai, planting 900 to 1,000 plants per hectare.

He observed the plants’ vigorous growth due to ample sunlight, though he has yet to determine the productivity rates.

Technological innovations in cultivation and management have significantly boosted regional cocoa yields to 80 arrobas per hectare.

Cocoa Boom in Bahia's Cerrado
Cocoa Boom in Bahia’s Cerrado. (Photo Internet reproduction)
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Lucimara Chiari from Ceplac highlighted efforts to overcome the challenges of seedling production, a crucial step for expanding cocoa cultivation.

A partnership with Bio Brasil marks the beginning of focused, data-driven cultivation efforts.

Transformative Trends in Brazilian Cocoa Farming

Entrepreneur Moisés Schmidt is leading a large-scale nursery project that targets an output of 10 million seedlings by 2027, marking a significant scale-up in nursery production.

In addition, this growth reflects an industry-wide acknowledgment of the profitability of technologically enhanced cocoa farming.

Ana Paula Losi of the AIPC expects Cerrado cocoa to supply the Brazilian market within three years, driven by the global price surge and investment in technology.

The potential for technological advancements and research to elevate cocoa production has captured the interest of the industry.

Miranda from the Bahia Federation of Agriculture and Livestock predicts a dramatic increase in state cocoa output. She forecasts over 2 million tons produced from 10,000 hectares.

However, this ambitious projection underscores the transformative impact of extensive planting and innovative agricultural practices in the region.

The move from traditional to high-tech farming could set new productivity benchmarks in the Bahia Cerrado, ushering in a new era for Brazilian agriculture.

This article was produced by The Rio Times’ automated newsroom system. How we use AI · Report an error

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