How Biofuels Drive Brazil’s Soy Surge Amidst Global Trade Shifts

In Brazil, biofuels are becoming a key driver of soybean cultivation, adapting to shifts in global demand, notably from China. Previously, China’s insatiable appetite for soybeans spurred Brazil’s agricultural expansion. Recently, however, China capped its soybean imports at 100 million tons, seeking to lessen its import reliance. This pivot could dampen the explosive growth Brazil […]