Brazilian agribusiness will not be affected by Trump, says Teixeira.
The Minister of Agrarian Development also pointed to the fall of the dollar and a record harvest as factors that should help reduce food prices in Brazil.
247 - Amid rising food prices, the Minister of Agrarian Development and Family Farming, Paulo Teixeira, assured that Brazilian agribusiness will not be impacted by the policies of Donald Trump, President of the United States. interview to the program CB.Power, partnership between the Mail Braziliense And on TV Brasília, Teixeira highlighted the resilience of the Brazilian agricultural sector and pointed to the fall of the dollar and a record harvest as factors that should help reduce food prices.
When questioned about the potential effects of the Trump administration on Brazilian agribusiness, Teixeira was categorical: "Not agribusiness. We'll have a bigger economic problem. But not agribusiness, because where are they going to replace the products, the soybeans, the corn, the cotton? Where are the United States going to buy them?"
The minister compared Trump to "a student in the back of the class who throws paper at other students' heads, disrupting the lesson," referring to the protectionist policies and trade tensions that the US president often creates. However, Teixeira stressed that Brazil is attentive to possible changes in trade relations. "He has started to interfere with some products that we need to look at carefully," he warned.
Dollar and harvest as allies - Despite global uncertainties, the minister highlighted positive factors for the domestic scenario. The devaluation of the dollar, which reached R$ 6,30 during the anticipation of Trump's victory and is now at R$ 5,79, should contribute to a reduction in the prices of products such as meat, sugar, coffee, oranges, and soy derivatives.
Furthermore, a record agricultural harvest is on the horizon. "We are focusing credit on basic food items," said Teixeira, citing Pronaf (National Program for Strengthening Family Farming) and the possibility of Pronamp (National Program for Supporting Medium-Sized Rural Producers) following the same path.
Perspectives for the future - The minister expressed optimism regarding the economic outlook and the agricultural sector. "All this news suggests a prospect of lower food prices," he stated, also citing the end of the cycle of excessive cattle slaughter as a factor that should contribute to price stabilization.
