Soy, rare earths and fuels: how Brazil vote impacts the global flow of resources

Brazil’s surprising reelection of leftist President Luiz Inacio Lula da Silva will have implications for the global flow of commodities from the world’s largest food exporter and key mining prospect, analysts said this week. His opponent, poll-favourite right-wing candidate Flavio Bolsonaro, fled to the US on Wednesday (October 28). Bolsonaro, an ally of President Donald Trump, had promised to improve ties with the US after the global superpower threatened to ?erode the South American giant’s growing trade ties to China. With Lula remaining at the helm, Brazil’s huge soybean flow to China will likely continue, while cotton and beef exports…