IBOV 172,448 ▼ 1.04% IPSA 10,821 ▲ 1.07% IPC MEX 67,466 ▲ 0.61% MERVAL 3,267,482 ▲ 2.21% COLCAP 2,295.85 ▲ 0.01% BVL PERÚ 55,976.67 ▲ 0.32% USD/BRL5.14▲ 0.17% USD/MXN17.42▲ 0.15% USD/CLP927.64▲ 0.71% USD/COP3,349▲ 0.13% USD/PEN3.40▼ 0.30% USD/ARS1,485▼ 0.22% USD/UYU40.23▲ 0.04% USD/PYG6,041▲ 1.22% USD/BOB6.85▼ 0.15% USD/DOP58.75▲ 0.33% USD/CRC450.38▲ 1.56% USD/GTQ7.62▲ 2.20% USD/HNL26.71▲ 1.42% USD/NIO36.62▲ 0.70% USD/VES673.24▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD155.98▼ 0.51% USD/TTD6.73▲ 1.17% EUR/BRL5.87▼ 0.89% BRENT 72.90 ▲ 1.26% WTI 69.38 ▲ 1.21% IRON ORE 161.91 — — COPPER 6.23 ▲ 0.91% GOLD 4,137 ▼ 0.43% SILVER 61.39 ▼ 0.86% SOY 1,195 ▲ 1.08% CORN 458.00 ▲ 3.91% WHEAT 612.00 ▲ 0.99% COFFEE 328.70 ▼ 9.69% SUGAR 15.19 ▼ 0.20% ORANGE JUICE 166.00 ▼ 4.60% COTTON 79.15 ▲ 7.03% COCOA 5,935 ▲ 5.94% BEEF 239.38 ▲ 0.06% CATTLE 360.83 ▲ 0.06% LITHIUM 76.17 ▼ 0.47% PETR4 37.77 ▼ 1.25% VALE3 77.79 ▼ 1.33% ITUB4 42.56 ▼ 0.42% BBDC4 17.92 ▲ 0.04% ABEV3 15.88 ▼ 2.52% BBAS3 19.77 ▼ 1.05% B3SA3 14.58 ▼ 1.22% WEGE3 46.26 ▼ 0.47% PRIO3 53.57 ▲ 1.15% SUZB3 40.72 ▼ 0.20% RENT3 40.32 ▼ 2.73% AZZA3 17.45 ▲ 1.81% CSAN3 3.84 ▲ 1.59% RAIZ4 0.38 ▼ 2.56% PCAR3 2.75 ▲ 4.56% GMAT3 3.66 ▼ 2.40% PSSA3 53.40 ▼ 1.46% CVCB3 1.25 ▼ 4.58% POSI3 3.74 ▼ 4.59% SLCE3 12.80 ▼ 0.08% NATU3 8.31 ▼ 0.84% BRKM5 6.00 ▼ 3.85% RANI3 7.94 ▲ 0.25% CSNA3 4.76 ▼ 1.24% CMIN3 4.33 ▲ 0.46% USIM5 8.71 ▼ 0.68% GGBR4 21.84 ▲ 1.87% ENEV3 26.10 ▼ 1.99% CPFE3 44.88 ▼ 1.77% CMIG4 10.88 ▼ 1.36% EQTL3 39.06 ▼ 0.96% LREN3 14.09 ▼ 4.80% VIVT3 34.50 ▼ 0.72% RAIL3 13.50 ▼ 0.95% KLABIN 17.00 ▼ 0.58% RAIA DROGASIL 17.44 ▲ 2.17% RDOR3 35.00 ▼ 2.10% HAPV3 10.38 ▼ 2.35% FLRY3 15.65 ▼ 0.45% SMTO3 14.96 ▼ 2.24% UGPA3 27.94 ▲ 1.49% VBBR3 30.12 ▼ 0.86% BBSE3 38.71 ▲ 0.16% BPAC11 55.38 ▼ 0.82% CURY3 33.80 ▼ 3.24% AERI3 2.00 ▼ 0.99% VIVARA 22.53 ▼ 1.05% COMPASS 24.92 ▲ 0.61% VAMOS 2.87 — 0.00% SANB11 26.71 ▼ 0.89% ASAI3 8.67 ▼ 1.37% SBSP3 29.71 ▼ 2.17% WALMEX 49.06 ▼ 2.10% GMEXICO 202.40 ▲ 1.45% FEMSA 226.30 ▲ 0.77% CEMEX 21.41 ▼ 0.09% GFNORTE 188.33 ▲ 0.68% BIMBO 57.15 ▲ 1.55% TELEVISA 9.58 ▲ 1.59% AMX 23.04 ▲ 2.22% GAP 442.76 ▲ 1.23% ASUR 308.89 ▼ 0.62% OMA 245.91 ▲ 0.32% KOF 187.63 ▲ 0.62% GRUMA 282.72 ▲ 0.76% KIMBER 39.27 ▲ 1.68% SQM-B 68,260 ▲ 1.90% COPEC 5,880 ▲ 1.19% BSANTANDER 76.94 ▲ 2.52% FALABELLA 5,781 ▼ 1.01% ENELAM 82.89 ▲ 0.55% CENCOSUD 2,095 ▲ 0.24% CMPC 1,047 ▲ 0.57% BANCO CHILE 182.50 ▲ 0.01% LATAM AIR 26.30 ▲ 1.39% YPF 72,550 ▲ 1.36% GGAL 8,320 ▲ 4.39% PAMPA 5,160 ▲ 0.49% TXAR 689.00 ▲ 3.77% ALUAR 996.50 ▲ 0.35% TGS 9,365 ▲ 1.85% CEPU 2,343 ▲ 0.86% MIRGOR 17,400 ▲ 0.58% COME 44.00 ▲ 4.07% LOMA NEGRA 3,688 ▲ 0.41% BYMA 315.75 ▲ 2.10% TELECOM ARG 4,105 ▲ 2.88% ECOPETROL 14.47 ▼ 1.56% BANCOLOMBIA 80.90 ▲ 2.21% GRUPO AVAL 5.08 ▲ 0.40% CREDICORP 392.32 ▲ 0.28% SOUTHERN COPPER 173.87 ▲ 1.08% BUENAVENTURA 29.96 ▲ 0.81% MERCADOLIBRE 1,806 ▲ 2.40% NUBANK 14.06 ▲ 3.31% XP 16.40 ▲ 1.49% PAGSEGURO 8.93 ▼ 2.08% STONE 10.95 ▼ 1.97% GLOBANT 30.96 ▼ 4.77% TECNOGLASS 44.55 ▼ 2.36% GAP AIRPORT 254.42 ▲ 0.28% ASUR 308.89 ▼ 0.62% OMA AIRPORT 113.04 ▲ 1.17% AMX ADR 26.14 ▲ 1.63% FEMSA ADR 130.25 ▲ 0.73% CEMEX ADR 12.32 ▲ 0.24% PETROBRAS ADR 16.26 ▲ 0.93% VALE ADR 15.09 ▲ 0.67% ITAU ADR 8.31 ▲ 2.28% SANTANDER BR 5.29 ▲ 1.93% AMBEV ADR 3.07 ▼ 0.97% CSN 0.95 ▲ 5.17% GERDAU 4.24 ▲ 4.18% LATAM ADR 57.44 ▲ 1.79% BTC 63,112 ▼ 1.38% ETH 1,770 ▼ 1.51% SOL 81.25 ▼ 0.81% XRP 1.12 ▼ 1.66% BNB 577.28 ▼ 1.39% ADA 0.18 ▼ 2.57% DOGE 0.07 ▼ 2.28% AVAX 6.75 ▼ 2.49% LINK 7.90 ▼ 1.43% DOT 0.86 ▼ 2.43% LTC 44.06 ▼ 1.71% BCH 238.27 ▼ 1.45% TRX 0.33 ▲ 0.07% XLM 0.19 ▼ 3.00% HBAR 0.07 ▼ 2.48% NEAR 2.02 ▼ 1.29% ATOM 1.59 ▼ 0.78% AAVE 93.68 ▼ 0.38% SELIC 14.25% NEOE3 33.80 — 0.00% EMBRAER 86.29 ▲ 1.72% EMBRAER ADR 67.24 ▲ 4.88% JBS 12.13 ▼ 1.06% JBS BDR 62.00 ▼ 1.59% MBRF3 16.41 ▼ 2.21% MBRFY 3.20 ▼ 2.14% INTER 5.69 ▲ 4.02% IBOV 172,448 ▼ 1.04% IPSA 10,821 ▲ 1.07% IPC MEX 67,466 ▲ 0.61% MERVAL 3,267,482 ▲ 2.21% COLCAP 2,295.85 ▲ 0.01% BVL PERÚ 55,976.67 ▲ 0.32% USD/BRL 5.14 ▲ 0.17% USD/MXN 17.42 ▲ 0.15% USD/CLP 927.64 ▲ 0.71% USD/COP 3,348 ▲ 0.09% USD/PEN 3.40 ▼ 0.30% USD/ARS 1,485 ▼ 0.22% USD/UYU 40.23 ▲ 1.31% USD/PYG 6,041 ▲ 1.22% USD/BOB 6.85 ▼ 0.15% USD/DOP 58.75 ▲ 0.33% USD/CRC 450.38 ▲ 1.56% USD/GTQ 7.62 ▲ 2.20% USD/HNL 26.71 ▲ 1.42% USD/NIO 36.62 ▲ 0.70% USD/VES 673.24 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 155.98 ▼ 0.51% USD/TTD 6.73 ▲ 1.17% EUR/BRL 5.87 ▼ 0.89% BRENT 72.90 ▲ 1.26% WTI 69.38 ▲ 1.21% IRON ORE 161.91 — — COPPER 6.23 ▲ 0.91% GOLD 4,137 ▼ 0.43% SILVER 61.39 ▼ 0.86% SOY 1,195 ▲ 1.08% CORN 458.00 ▲ 3.91% WHEAT 612.00 ▲ 0.99% COFFEE 328.70 ▼ 9.69% SUGAR 15.19 ▼ 0.20% ORANGE JUICE 166.00 ▼ 4.60% COTTON 79.15 ▲ 7.03% COCOA 5,935 ▲ 5.94% BEEF 239.38 ▲ 0.06% CATTLE 360.83 ▲ 0.06% LITHIUM 76.17 ▼ 0.47% PETR4 37.77 ▼ 1.25% VALE3 77.79 ▼ 1.33% ITUB4 42.56 ▼ 0.42% BBDC4 17.92 ▲ 0.04% ABEV3 15.88 ▼ 2.52% BBAS3 19.77 ▼ 1.05% B3SA3 14.58 ▼ 1.22% WEGE3 46.26 ▼ 0.47% PRIO3 53.57 ▲ 1.15% SUZB3 40.72 ▼ 0.20% RENT3 40.32 ▼ 2.73% AZZA3 17.45 ▲ 1.81% CSAN3 3.84 ▲ 1.59% RAIZ4 0.38 ▼ 2.56% PCAR3 2.75 ▲ 4.56% GMAT3 3.66 ▼ 2.40% PSSA3 53.40 ▼ 1.46% CVCB3 1.25 ▼ 4.58% POSI3 3.74 ▼ 4.59% SLCE3 12.80 ▼ 0.08% NATU3 8.31 ▼ 0.84% BRKM5 6.00 ▼ 3.85% RANI3 7.94 ▲ 0.25% CSNA3 4.76 ▼ 1.24% CMIN3 4.33 ▲ 0.46% USIM5 8.71 ▼ 0.68% GGBR4 21.84 ▲ 1.87% ENEV3 26.10 ▼ 1.99% CPFE3 44.88 ▼ 1.77% CMIG4 10.88 ▼ 1.36% EQTL3 39.06 ▼ 0.96% LREN3 14.09 ▼ 4.80% VIVT3 34.50 ▼ 0.72% RAIL3 13.50 ▼ 0.95% KLABIN 17.00 ▼ 0.58% RAIA DROGASIL 17.44 ▲ 2.17% RDOR3 35.00 ▼ 2.10% HAPV3 10.38 ▼ 2.35% FLRY3 15.65 ▼ 0.45% SMTO3 14.96 ▼ 2.24% UGPA3 27.94 ▲ 1.49% VBBR3 30.12 ▼ 0.86% BBSE3 38.71 ▲ 0.16% BPAC11 55.38 ▼ 0.82% CURY3 33.80 ▼ 3.24% AERI3 2.00 ▼ 0.99% VIVARA 22.53 ▼ 1.05% COMPASS 24.92 ▲ 0.61% VAMOS 2.87 — 0.00% SANB11 26.71 ▼ 0.89% ASAI3 8.67 ▼ 1.37% SBSP3 29.71 ▼ 2.17% WALMEX 49.06 ▼ 2.10% GMEXICO 202.40 ▲ 1.45% FEMSA 226.30 ▲ 0.77% CEMEX 21.41 ▼ 0.09% GFNORTE 188.33 ▲ 0.68% BIMBO 57.15 ▲ 1.55% TELEVISA 9.58 ▲ 1.59% AMX 23.04 ▲ 2.22% GAP 442.76 ▲ 1.23% ASUR 308.89 ▼ 0.62% OMA 245.91 ▲ 0.32% KOF 187.63 ▲ 0.62% GRUMA 282.72 ▲ 0.76% KIMBER 39.27 ▲ 1.68% SQM-B 68,260 ▲ 1.90% COPEC 5,880 ▲ 1.19% BSANTANDER 76.94 ▲ 2.52% FALABELLA 5,781 ▼ 1.01% ENELAM 82.89 ▲ 0.55% CENCOSUD 2,095 ▲ 0.24% CMPC 1,047 ▲ 0.57% BANCO CHILE 182.50 ▲ 0.01% LATAM AIR 26.30 ▲ 1.39% YPF 72,550 ▲ 1.36% GGAL 8,320 ▲ 4.39% PAMPA 5,160 ▲ 0.49% TXAR 689.00 ▲ 3.77% ALUAR 996.50 ▲ 0.35% TGS 9,365 ▲ 1.85% CEPU 2,343 ▲ 0.86% MIRGOR 17,400 ▲ 0.58% COME 44.00 ▲ 4.07% LOMA NEGRA 3,688 ▲ 0.41% BYMA 315.75 ▲ 2.10% TELECOM ARG 4,105 ▲ 2.88% ECOPETROL 14.47 ▼ 1.56% BANCOLOMBIA 80.90 ▲ 2.21% GRUPO AVAL 5.08 ▲ 0.40% CREDICORP 392.32 ▲ 0.28% SOUTHERN COPPER 173.87 ▲ 1.08% BUENAVENTURA 29.96 ▲ 0.81% MERCADOLIBRE 1,806 ▲ 2.40% NUBANK 14.06 ▲ 3.31% XP 16.40 ▲ 1.49% PAGSEGURO 8.93 ▼ 2.08% STONE 10.95 ▼ 1.97% GLOBANT 30.96 ▼ 4.77% TECNOGLASS 44.55 ▼ 2.36% GAP AIRPORT 254.42 ▲ 0.28% ASUR 308.89 ▼ 0.62% OMA AIRPORT 113.04 ▲ 1.17% AMX ADR 26.14 ▲ 1.63% FEMSA ADR 130.25 ▲ 0.73% CEMEX ADR 12.32 ▲ 0.24% PETROBRAS ADR 16.26 ▲ 0.93% VALE ADR 15.09 ▲ 0.67% ITAU ADR 8.31 ▲ 2.28% SANTANDER BR 5.29 ▲ 1.93% AMBEV ADR 3.07 ▼ 0.97% CSN 0.95 ▲ 5.17% GERDAU 4.24 ▲ 4.18% LATAM ADR 57.44 ▲ 1.79% BTC 63,112 ▼ 1.38% ETH 1,770 ▼ 1.51% SOL 81.25 ▼ 0.81% XRP 1.12 ▼ 1.66% BNB 577.28 ▼ 1.39% ADA 0.18 ▼ 2.57% DOGE 0.07 ▼ 2.28% AVAX 6.75 ▼ 2.49% LINK 7.90 ▼ 1.43% DOT 0.86 ▼ 2.43% LTC 44.06 ▼ 1.71% BCH 238.27 ▼ 1.45% TRX 0.33 ▲ 0.07% XLM 0.19 ▼ 3.00% HBAR 0.07 ▼ 2.48% NEAR 2.02 ▼ 1.29% ATOM 1.59 ▼ 0.78% AAVE 93.68 ▼ 0.38% SELIC 14.25% NEOE3 33.80 — 0.00% EMBRAER 86.29 ▲ 1.72% EMBRAER ADR 67.24 ▲ 4.88% JBS 12.13 ▼ 1.06% JBS BDR 62.00 ▼ 1.59% MBRF3 16.41 ▼ 2.21% MBRFY 3.20 ▼ 2.14% INTER 5.69 ▲ 4.02%
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Tuesday, July 7, 2026

Polarization Politics Returns In Rio Grande Do Sul As Leite Eyes The Senate

By · January 5, 2026 · 3 min read

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Key Points

  • PT [left] and PL [right, Bolsonaro-aligned] are trying to turn the 2026 governor’s race into a single question: with or against the MST.
  • Governor Eduardo Leite, now in PSD [center to center-right], is preparing a Senate run, but his chosen successor starts weak in early polling.
  • Two Senate seats and post-flood rebuilding mean a slogan-driven campaign could carry real economic costs.

Rio Grande do Sul is heading into a high-stakes transition, and the campaign is being written before the first ballot is printed.

Eduardo Leite, who left PSDB [center to center-right] for PSD in 2025, is widely expected to seek the Senate in 2026. That opens the governor’s seat. It also opens a temptation: shrink a complicated state contest into a national identity fight.

The chosen dividing line is the MST. The Movimento dos Trabalhadores Rurais Sem Terra is Brazil’s Landless Workers’ Movement. It is a powerful rural social movement that demands land reform. It organizes families, runs settlements, and stages marches.

Land conflicts shape Rio Grande do Sul campaigns

It also uses land occupations to pressure authorities. Supporters call that constitutional justice. Critics call it illegal invasion that weakens property rights and raises risk for agriculture and investment. The controversy is the point. It produces instant emotion.

PT has launched João Edegar Pretto, head of Conab, the federal food-supply agency that manages public stocks and market-support tools. His biography is central.

Polarization Politics Returns In Rio Grande Do Sul As Leite Eyes The Senate. (Photo Internet reproduction)
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He is the son of Adão Pretto, a historic leader linked to the MST’s origins in the state. Allies see authenticity. Skeptics see a label that can repel the rural middle.

PL is backing federal deputy Luciano Zucco. His political capital comes from conflict, not technocratic governance. In 2023 he chaired the Chamber of Deputies’ inquiry into the MST.

The process generated months of confrontation and ended without a final report being voted. That unfinished ending still feeds campaign material. It also plays well on social media, where anti-occupation messaging travels fast.

Early polls show why both sides want to force a binary choice. A Genial/Quaest survey released on August 22, 2025 put Juliana Brizola (PDT [center-left]) at 21% and Zucco at 20%. Pretto had 11%.

Gabriel Souza (MDB [center]), the vice-governor Leite wants as successor, had 5%. A Brasmarket snapshot publicized in late December 2025 again showed Zucco leading, with Pretto second and Brizola third.

The Senate contest adds fuel. Two seats are in play. PT is lining up Paulo Pimenta. Manuela d’Ávila has joined PSOL [far left] and is positioning for the ballot.

On the right, names like Ubiratan Sanderson (PL) and Marcel van Hattem (NOVO [right-liberal]) are being floated.

After the 2024 floods, voters may judge something simpler than ideology: who can rebuild without turning every decision into a permanent fight.

Related coverage: Brazil’s Morning Call | Brazil’s Math-Learning Crisis Is No Longer A School Problem. This is part of The Rio Times’ daily coverage of Brazil politics and Latin American financial news.

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