The year of 2019 has been marked by major environmental disasters in Brazil. In January, the collapse of Vale’s dam in Brumadinho-MG repeated the situation seen in Mariana-MG in the end of 2015, which resulted in high human losses. The escalation in deforestation and fires in the Amazon biome led to potential impacts on the country’s agribusiness sector. Another recent event was the oil spill spreading along the northeast coast of Brazil.

In this material, INTL FCStone's Market Intelligence team comments on the Amazon fires, its international repercussions, the possible economic impacts, and how Brazil can reconcile environmental conservation and agribusiness development.



The INTL FCStone Inc. group of companies provides financial services worldwide through its subsidiaries, including physical commodities, securities, exchange-traded and over-the-counter derivatives, risk management, global payments and foreign exchange products in accordance with applicable law in the jurisdictions where services are provided. 

INTL FCStone is not responsible for any redistribution of this material by third parties, or any trading decisions made by persons by means of this material. Information contained herein was obtained from sources believed to be reliable, but is not guaranteed as to its accuracy. Contact INTL FCStone designated personnel for specific trading advice to meet your trading preferences. These materials represent the opinions and viewpoints of the author, unless otherwise indicated, and do not necessarily reflect the viewpoints and trading strategies employed by INTL FCStone. All forecasts of market conditions are inherently subjective and speculative, and actual results and subsequent forecasts may vary significantly from these forecasts. No assurance or guarantee is made that these forecasts will be achieved, whether express or implied. Any examples given are provided for illustrative purposes only, and do not represent the possibility of achieving results similar to those examples.

No part of this material may be copied, photocopied or duplicated in any form by any means or redistributed without the prior written consent of INTL FCStone Inc.