Brazil elections impact retail traffic and agribusiness stocks

The first round of the 2026 General Elections in Brazil significantly impacted consumer activity and financial markets. Data from Seed Digital shows that retail footfall dropped by 55.6% on election day compared to the previous year. The Northeast region saw the sharpest decline at 65.2%, while the Center-West region experienced a 57.3% drop.

In the financial sector, the agribusiness market reacted positively to the election results. Following the first round, several agribusiness stocks saw significant gains as investors adjusted to potential shifts in economic policy. Camil (CAML3) led the surge with a 25.22% increase, followed by Cosan (16.13%) and 3tentos (13.95%). Other notable gainers included Boa Safra, Minerva Foods, and Jalles, all rising by more than 10%.

The election mobilized approximately 158.7 million eligible voters, according to the Superior Electoral Court (TSE). The second round of voting is scheduled for October 25.