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The commercial dollar closed up 0.74% at R$5.486, briefly exceeding R$5.50 during the session. The Ibovespa fell for a sixth straight day to its lowest level since January, after the presidential reelection of Lula.
Investors are cautious ahead of the Copom decision on the Selic rate, expected Wednesday.
Fiscal uncertainty and a weaker real can lift the cost of imported feed inputs for Brazilian buyers while supporting Brazilian export competitiveness for soymeal and corn. The Copom decision on rates will influence credit costs for the sector.
agenciabrasil.ebc.com.brNov 4, 2026
bmcnews.com.brAgência BrasilNov 3, 2026
economia.ig.com.brAgência BrasilNov 3, 2026
noticiasaominuto.com.brAgência BrasilNov 3, 2026Not enough comparable past events yet for a historical read.
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.
