AGP Executive Report
Last update: 11 hours agoForests and farming: Amazon deforestation fell 42% to a record low, while clearing in the Cerrado dropped 24%. Heavy rain is also weighing on sugar output: production in Brazil’s center-south fell 27.1% in the first half of October year on year, even as raw sugar gained 9.8% for the month. Energy transition: Moura is preparing to make utility-scale batteries ahead of a capacity auction, and bioethanol bunkering has begun at the Port of Santos. Brazil also plans R$8.9 billion in power-transmission auctions. Oil and gas: Petrobras reported a third oil discovery near the mouth of the Amazon, while Braskem joined Rio de Janeiro’s free natural-gas market. Manufacturing: Wabtec’s Brazilian plant marked a new milestone, and Gerdau is planning a Brazil overhaul.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.