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The dollar closed Friday at R$5.657, flat on the day but up 2.63% over the week, while the Ibovespa rose 2.35%. Attention turns to a Senate vote on fiscal adjustment measures and to US producer inflation data.
A weaker real raises the cost of imported feed ingredients and fertilizers for Brazilian producers and can encourage export sales, supporting soybean meal and corn prices in Brazil.
After 301 past bullish macro events, Brazilian Real (BRL per USD) moved a median +0.4% over 5 sessions (57% higher; middle half -1.2% to +1.7%), and +1.0% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.