In 1997, Flavio Maluf became president of Eucatex after spending a decade proving himself worthy of the position. This move proved to be a good one for the company and they have grown immensely under his guidance. Eucatex is now worth millions of dollars and he manages to do this all while working for GrandFood as President. GrandFood is also based in Brazil and focuses on the manufacturing of agricultural brands. Visit on his twitter for more updates.
Recently, Flavio Maluf spoke about the economic issues facing Brazil’s agricultural gross domestic product. While the economy in the country grew slightly in 2018 overall, their agricultural business dropped 2.6%. Many people were shocked by this fall and didn’t understand why it was happening. Economists are still trying to figure out the cause and how the country should remedy the problem.
In the second quarter of 2018, Flavio Maluf noted that there were disruptions in the supply chain for the country due to transportation labor strikes. Out of all the industries in Brazil, agriculture appeared to be the one that suffered the most from the strikes. It’s possible that this will continue to cause problems for the sector throughout the rest of the year.
2 of the main crops affected by these strikes were corn and sugar. Corn was particularly problematic according to Flavio Maluf due to its role in raising livestock. He does expect the situation to get better over time as the strikes are settled and soybean production continues to be impressive.