
The US dollar closed at R$5.6507, up 1.58%, its highest close since June 2, 2025. The move followed a fiscal package announced by the government with a potential impact of R$50 billion to R$60 billion in 2027, along with a stronger dollar abroad.
Oil also rose, with Brent up 3.3% to US$95.82 amid US-Iran tensions.
A weaker real makes Brazilian grain and meal exports more price-competitive, which can weigh on world feed prices. The oil rally adds cost pressure for freight and fuel along feed supply chains.
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.
After 323 past bullish macro events, Crude Oil (Brent) moved a median +0.7% over 5 sessions (58% higher; middle half -2.9% to +3.7%), and +1.3% 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.