
Dual Duarte secured R$356.5 million in BNDES financing to expand cottonseed meal and biodiesel production in Mato Grosso. Most of the funding will build a high-protein cottonseed meal plant, expected to be completed by December 2027, with more than half of its output intended for export; the remainder will double the capacity of its biodiesel plant in Pedra Preta to 375 million liters annually.
The new facility could increase Brazilian cottonseed meal supply and export availability, adding competition for other protein meals. Expanded crushing and biodiesel capacity may also raise demand for soybean and cottonseed feedstocks, with price effects dependent on output and export flows.
Not enough comparable past events yet for a historical read.
After 223 past bearish policy events, Soybean Meal moved a median -0.3% over 5 sessions (45% higher; middle half -2.2% to +1.2%), and -0.6% over 20.
After 842 past bullish policy events, Soybean Oil moved a median +0.2% over 5 sessions (52% higher; middle half -1.6% to +2.1%), and -0.5% over 20.
Not 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.