Brazil’s Soy and Biodiesel Sector Faces 5.33% GDP Decline in 2024

A study by Cepea and Abiove projects that Brazil’s soybean and biodiesel sector will face a 5.33% GDP decline in 2024. This comes after a 21% growth in 2023, driven by a record harvest and favorable prices. Reduced soybean yields significantly impact the production chain and agro-services. The soybean GDP is expected to fall by […]