War between Russia and Ukraine impacts Brazilian peanuts

Caption: About 40% of the national peanut is exported to Russia. — Photo: Fidias Cervantes The two countries account for almost half of food sales abroad. Producers report that loads that would be shipped are stopped, waiting for the conflict to unfold. The war initiated by Russia in Ukraine is not just a matter of concern for agriculture because of its dependence on fertilizers. It also began to impact exports and one of the products affected was peanuts from Brazil. The two Eastern European countries are the destinations for almost half of this Brazilian product that goes abroad, generating around US$ 344 million in sales to companies here last year. The Russians paid for 37.6% of that amount and Ukraine 8.71%, according to data from the Ministry of Agriculture. On the other hand, despite its importance in trade with these two countries, peanuts are not even among the 10 most exported products by Brazil. The value of its foreign sales represents only 1% of what the country ships ...