Plenary sessions of the 12th Brazilian Cotton Congress will address global issues

With an expected audience of 1,5 participants, from all links in the feather production chain, the 12th Brazilian Cotton Congress (12th CBA) focuses on the most current and exciting issues in Brazilian and global cotton farming, with renowned guests. The event, held by the Brazilian Association of Cotton Producers (Abrapa), takes place in Goiânia, between the 27th and 29th of August 2019. On the first day (27/08), it features among the speakers the economist Ricardo Amorim, who will address the trade war between the United States and China, and its repercussions on Brazilian agribusiness, especially now that Brazil becomes the world's second largest exporter of commodity, with almost two million tons to be shipped in the 2018/2019 harvest. 

This same situation rocks the plenary An X-ray of the 2018/2019 harvest: burdens and bonuses of a record harvest. The debate will be mediated by analyst Marcos Rubin, managing partner of Agroconsult, who, among several titles, has under his belt the coordination of 12 Rallies da Safra. Participating in the discussion will be the president of the Brazilian Association of Cotton Producers (Abrapa), Milton Garbugio, the presidents of the state associations of cotton producers in Bahia (Abapa), Julio Busato, Mato Grosso (Ampa), Alexandre Schenkel, and Goiás (Agopa), Carlos Moresco, as well as the president of the National Association of Cotton Producers (Anea), Henrique Snitcovski. The 12th CBA also features themed rooms, workshop, presentation of scientific works and pitches de startups several on each of the three days of the program, which continues until August 29th.

Trade War

Elected by Forbes Magazine as one of the 100 most influential Brazilians and, in the same category, Brazil's economist, consultant Ricardo Amorim is a prominent name on the agenda for the first day of the 12^o Brazilian Cotton Congress. At the head of the plenary session at 11:45 am on August 27th, the program's presenter Manhattan Connection from Globo News and CEO of Ricam Consultoria will provide the event's audience with an analysis of Brazilian agribusiness in the context of the trade war and economic recovery.

The intensification of tensions between the United States and China has raised expectations for the sector. In 2018, the trade war between the two countries boosted exports to the Asian giant, resulting in record values ​​for premiums paid for Brazilian soybeans. Cotton also takes advantage of the vacuum left by the United States, but, in the market, these opportunities are believed to be only temporary. What to expect from 2019? Will the same scenario repeat itself? Questions like these must be answered by the economist, who has worked in the global financial market for more than 20 years and is the only Brazilian speaker among the best in the world on the list of the British website Speaker's Corner.

Charges and bonuses

The record results of the 2018/2019 Brazilian cotton harvest placed the country on a new level in the international market, with growth in area, production and volumes sold abroad, making Brazil the second largest exporter in the world. From July 2018 to June 2019, Brazil should close the cotton export cycle for the 2017/2018 harvest at 1,27 million tons, therefore being second only to the United States. For the current harvest, 2018/2019, the estimate is that shipments will approach two million tons of feather. In this cycle, national cotton farming should produce around 2,83 million tons, harvested from 1,63 million hectares.

The good numbers that encourage the cotton production chain also generate new challenges. One of them is the continuity of growth with the guarantee of maintenance and improvement of productivity. Issues like this will be highlighted in the plenary session that opens the 12th CBA program and begins at 10 am, lasting one hour.

According to the president of Anea, Henrique Snitcovski, the increase in the supply of feathers in Brazil raises the bar on its responsibility. “Before, everything we produced had a market guarantee. Today, in addition to being great producers, we have to be exceptional sellers. We are in the fight, in fact. And to ensure the delivery of our product, the entire chain must prepare and work at one pace. Once the country will come player, you can no longer go back”, warns the speaker.