How the Brazilian Elections Affect the Coffee Market
The Brazilian presidential elections are happening and the question that arises for us is: how does this affect the #coffeemarket?
In this article, we offer you a perspective on what to expect from Brazil’s political economic scenario. We outline the present situation, provide an outlook on what can potentially happen from now and how various developments might affect coffee prices and markets in general.
For those unfamiliar, Brazil uses a 2-round voting system. This means that for the presidential election, there are usually two rounds of voting before anyone is elected. The first round (completed last Sunday) contains a wide array of candidates, howev