...A. Today, Brazil is the leading global exporter of soybeans, sugar, and cotton and second only to the US in corn. B. In the past year, agricultural exports represented nearly half of all Brazilian exports, further illustrating the importance of the agriculture sector in this region. C. To that end, the 10-year global consumption forecast for corn, soybeans, and sugar illustrates the rising demand we will see over the next decade. D. Looking specifically at ethanol in Brazil, both consumption and production are expected to increase by nearly 40% over the next 10 years. E. Brazil already leads the way with 27% ethanol blend requirement in gasoline sales, the highest in the world. F. Even so, as part of Brazil's fuel for the future initiative, proposals are currently underway to increase this mandate to as much as 30%. G. In fact, today, over 90% of new vehicles are capable of running on 100% ethanol fuel. H. Notably, the production of corn-based ethanol is expected to double over the next...
