Brazil Potash said its Chief Executive Officer, Matt Simpson, has been invited to speak at the Global Food Security Panel during the Inter-American Development Bank’s Annual Governors’ Meeting in Asunción, Paraguay. The event is scheduled for 12 March 2026, with a live broadcast available from 13h00 ET.
#Participation at BID governors’ meeting
The company said the annual meeting brings together delegations from all 48 BID member nations, including finance ministers, as well as representatives of multilateral development banks, export credit agencies, development-finance institutions, companies, banks and private-sector investors.
Brazil Potash said its inclusion in the panel reflects international attention on the role of domestic potash production in Brazil’s food supply. Simpson is expected to discuss the company’s view that domestic fertiliser production is important to Brazil and to global food security.
#Brazil’s fertiliser import dependence
The company described Brazil as a major agricultural exporter, with approximately US$ 167 billion in agricultural products exported annually. It also cited a climate that typically supports 2,5 harvest cycles per year, alongside substantial freshwater and arable-land resources.
Against that backdrop, Brazil Potash said Brazil imports more than 85% of its fertiliser requirements, including more than 95% of its potash. The company also stated that Brazil imported more than 95% of its potash fertiliser in 2024, leaving agricultural production exposed to geopolitical disruption and global supply shocks.
#Autazes project production plans
Brazil Potash’s Potash Autazes Project, located in the state of Amazonas, is expected by the company to produce up to 2,4 million short tons of potash per year initially once it enters production. Management believes this output could supply approximately 17% of Brazil’s current potash demand.
In a separate description of the project, the company said management believes planned initial production could potentially meet approximately 20% of current Brazilian potash demand. The announcement does not explain the difference between the 17% and 20% figures.
The company said the material would be moved through Brazil’s inland waterway system, mainly using river barges, under a partnership with Amaggi. Management also expects 100% of Brazil Potash’s production to be sold domestically.
#Environmental and regulatory qualifications
Brazil Potash’s management said the project could mitigate approximately 1,4 million tonnes of greenhouse-gas emissions per year. The production, domestic-sales and emissions statements are forward-looking and remain subject to the risks and uncertainties identified by the company.
Those qualifications include matters concerning the project’s status, expected production, its potential engagement with the BID and other development-finance institutions, and government and environmental regulation. Brazil Potash said many of the relevant risks are outside its control and cautioned readers not to place undue reliance on forward-looking statements.
#Key Takeaways
- Brazil Potash CEO Matt Simpson has been invited to speak at the BID Global Food Security Panel in Asunción, Paraguay.
- The BID Annual Governors’ Meeting is scheduled for 12 March 2026, with a live broadcast available from 13h00 ET.
- The company said Brazil imports more than 85% of its fertiliser needs and more than 95% of its potash.
- The Autazes Project is expected initially to produce up to 2,4 million short tons of potash per year once in production.
- Brazil Potash’s statements on production, domestic sales and emissions are subject to risks and uncertainties, including government and environmental regulation.
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