Goiás is expected to process ~80 Mt of sugarcane in the 2026/27 crop, with ~70% allocated to ethanol, maintaining a biofuel-oriented mix amid stronger ethanol prices and liquidity. Limited sugar production capacity at several mills supports this trend. Corn ethanol continues to scale up, with new and expanded capacity across the state: Inpasa (Rio Verde) start-up by year-end; São Martinho expanding to 635 kt/year of corn, yielding 270 mn liters of ethanol; Neomille (Chapadão do Céu) investing BRL 140 mn to reach 1.2 Mt/year (+30%); CerradinhoBio and Energética Serranópolis also advancing projects. Goiás targets second place nationally in corn ethanol. Biogas/biomethane projects progress alongside decarbonization policies. Rising oil prices increase diesel costs, pressuring field and logistics margins. Fertilizer import dependence adds risk. Price volatility and FX swings complicate planning.
Source: Nova Cana
