# Grains of recovery whet appetite for fiscal reform in Brazil

> Brazil's agriculture sector has performed strongly, driven by exports to China, and has helped push inflation to historical lows. Brazil's GDP grew about 1% last year after two years of recession, and the government faces pressure to reform pensions and fiscal policy.

- Date: 2018-05-15 · published 2018-05-15T12:00:00.000Z
- Category: macro · region Brazil · magnitude low
- Page: https://feedsoft.ai/events/12779-grains-of-recovery-whet-appetite-for-fiscal-reform-in-brazil
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Strong Brazilian agricultural exports to China support demand for Brazilian soy and related feed products, but this story is mainly about macro recovery rather than a new supply or price shock.

## Read by commodity

- SOY: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2017-09-15 | [Russia set records in the export of grain](https://feedsoft.ai/events/68820-russia-set-records-in-the-export-of-grain.md) | +0.4% | +2.6% |
| SOY | 2017-05-31 | [Brazil slashes rates, eyes dial down in political storm \| Reuters](https://feedsoft.ai/events/71195-brazil-slashes-rates-eyes-dial-down-in-political-storm-reuters.md) | +1.2% | -0.2% |
| SOY | 2026-10-08 | [Election jolt fades as Brazil's fiscal math fails to hold investors' conviction. \| 24EcoNews](https://feedsoft.ai/events/8077-election-jolt-fades-as-brazil-s-fiscal-math-fails-to-hold-investors-conviction.md) | -0.8% | -5.1% |
| SOY | 2022-04-29 | [FX Weekly Summary (Brazil Issue)](https://feedsoft.ai/events/42055-fx-weekly-summary-brazil-issue.md) | -1.6% | +1.2% |
| SOY | 2021-11-18 | [Brazil's Guedes says political 'noise' weakening real currency \| Financial Post](https://feedsoft.ai/events/44255-brazil-s-guedes-says-political-noise-weakening-real-currency-financial-post.md) | -0.8% | +0.0% |

## Sources

- ft.com: https://www.ft.com/content/5b86ba2e-3cc3-11e8-bcc8-cebcb81f1f90?syn-25a6b1a6=1

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.