# Focus raises its end-2026 dollar forecast from R$5.34 to R$5.35

> Brazil’s Focus survey median forecast for the dollar at the end of 2026 edged up to R$5.35 from R$5.34. Forecasts for year-end 2028 and 2029 also rose, while the 2027 estimate remained at R$5.40.

- Date: 2026-11-09 · published 2026-11-09T15:10:23.353Z
- Category: report · region Brazil · magnitude low
- Page: https://feedsoft.ai/events/89682-focus-raises-its-end-2026-dollar-forecast-from-r-5-34-to-r-5-35
- Commodities: [Brazilian Real (BRL per USD)](https://feedsoft.ai/c/USDBRL.md)

## Why it matters

A higher projected dollar-to-real rate implies a weaker real and a potentially higher local-currency cost for imported feed ingredients. The forecast revisions were modest and do not signal an immediate change in physical supply.

## Read by commodity

- USDBRL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| USDBRL | 2025-04-11 | [Brazil’s poultry industry surges amid rising global demand - USDA FAS
						 \| The Poultry Site](https://feedsoft.ai/events/25289-brazil-s-poultry-industry-surges-amid-rising-global-demand-usda-fas-the-poultry.md) | -1.9% | -4.4% |
| USDBRL | 2022-09-02 | [Brazilian Corn and Soybean 2022/2023 Crop Preview \| Weekly Crop Update](https://feedsoft.ai/events/13698-brazilian-corn-and-soybean-2022-2023-crop-preview-weekly-crop-update.md) | -1.3% | +3.4% |

## Sources

- economia.uol.com.br: https://economia.uol.com.br/noticias/estadao-conteudo/2026/11/09/dolar-no-fim-de-2026-passa-de-r-534-para-r-535-projeta-focus.htm

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