Brazil already has the largest fleet of cars driven by ethanol, mainly from sugarcane; now corn-based ethanol plants are on the rise. The ethanol produced by sugarcane and corn has have the potential to reduce up to 90% of the greenhouse gases. And, as mentioned in our recent blog, the country’s diesel fuel will soon have an additional one percent of biofuel (13% compared to current levels of 12%). This is mainly produced by soy oil. The carbon footprint these biofuels leave will be a business opportunity to exchange carbon credits with different industries. Many power plants produce sugar cane ethanol, and in between harvests, use the plant to produce corn ethanol to maximize capacity. These are called flex plants. However, there is a wave of corn ethanol plants rapidly growing in Brazil, similar to the corn belt in the early 2000’s. They are mainly located in the center west of Brazil where the biggest corn producers are located. That was a very good opportunity for our “safrinha corn,” the second crop. Logistically, processing this corn domestically is more profitable then trying to ship it out of the country.