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The Latest Breaking News from Brazil

Sugar Prices Plunge on an Improving Supply Outlook

March NY world sugar #11 (SBH24 ) on Thursday closed down -0.68 (-3.25%), and March London ICE white sugar #5 (SWH24 ) closed down -19.10 (-3.15%). Sugar prices Thursday sold off, with NY sugar posting a 9-3/4 month low and London sugar posting a 9-month low. Sugar prices have been...

Barchart

Coffee Prices Rally as USDA Cuts its Global Production Estimates

March arabica coffee (KCH24 ) on Thursday closed up +3.00 (+1.57%), and Jan ICE robusta coffee (RMF24 ) closed up +172 (+5.72%). Coffee prices on Thursday rallied, with robusta soaring to a new all-time high after the USDA cut its 2023/24 global robusta production estimate to 74.1 million bags from...

Barchart

Robusta Coffee Soars to a Record as USDA Cuts its Global Production Estimates

March arabica coffee (KCH24 ) this morning is up +3.00 (+1.57%), and Jan ICE robusta coffee (RMF24 ) is up +194 (+6.45%). Coffee prices this morning are moving higher, with robusta soaring to a new all-time high. Coffee prices garnered support from today's biannual USDA report, where the USDA cut...

Barchart

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Worldcoin’s eye-scanning orb is no longer available in France, India, and Brazil just months after announced expansion

Worldcoin announced in July it was expanding to offer eye scans in 35 cities around the world.

Fortune

It’s just like watching Brazil for Manchester City boss Pep Guardiola

Guardiola and City come up against Fluminese in the Club World Cup final on Friday.

The Independent UK

Brazil's Central Bank Maintains Easing Pace amid Inflation Concerns

From the samba beats to the soaring inflation expectations, Brazil's central bank elegantly dances with easing measures to tame the unanchored economy.

Top News

Brazil President's Wife Clashes With Elon Musk, Threatens To Sue X

This is not the first time that Musk has been involved in a Twitter feud with someone.

International Business Times UK

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Sugar Prices Tumble as Supply Concerns Wane

March NY world sugar #11 (SBH24 ) on Wednesday closed down -0.51 (-2.38%), and March London ICE white sugar #5 (SWH24 ) closed down -9.40 (-1.53%). Sugar prices on Wednesday tumbled to 8-3/4 month lows. Sugar prices have been under pressure for the last five weeks as Brazil ramps up...

Barchart

Coffee Prices Mixed as Robusta Posts a Record High on Tight Supplies

March arabica coffee (KCH24 ) on Wednesday closed down -11.80 (-5.83%), and Jan ICE robusta coffee (RMF24 ) closed up +47 (+1.59%). Coffee prices Wednesday settled mixed, with robusta posting an all-time high. Arabica coffee plunged Wednesday after forecasts for rain in Brazil sparked long liquidation pressures in arabica coffee...

Barchart

Arabica Coffee Plunges on Forecasts for Rain in Brazil

March arabica coffee (KCH24 ) this morning is down -11.50 (-5.68%), and Jan ICE robusta coffee (RMF24 ) is up +56 (+1.89%). Coffee prices this morning are mixed, with robusta posting an all-time high. Arabica coffee plunged today after forecasts for rain in Brazil sparked long liquidation pressures in arabica...

Barchart

Brazil's October Economic Activity Shows Slight 0.06% Decline

Sluggishness in the Brazilian economy as economic activity takes a 0.06% dip in October, reflecting a need for creative solutions to reignite growth.

Top News

Soccer star Dani Alves' trial for alleged sexual assault to start in February

Brazilian soccer star Dani Alves’ trial for alleged sexual assault will start Feb. 5

The Independent UK

Brazil's Congress Approves 2024 Budget for Deficit Elimination

Congress greenlights Brazil's ambitious plan to banish the primary deficit by 2024. A creative stride towards economic stability and growth!

Top News

S&P Elevates Brazil's Rating to 'BB' After Tax Reforms

From samba to fiscal reforms, Brazil's upgraded credit rating to 'BB' by S&P reflects a harmonious dance towards economic growth and financial stability.

Top News

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Sugar Prices Recover as Brazilian Real Strength Sparks Short Covering

March NY world sugar #11 (SBH24 ) on Tuesday closed up +0.12 (+0.56%), and March London ICE white sugar #5 (SWH24 ) closed up +2.60 (+0.42%). Sugar prices Tuesday recovered from 8-1/2 month lows and closed higher as strength in the Brazilian real sparked short covering in sugar futures. On...

Barchart

Coffee Prices Soar as Brazil Crop Concerns Fuel Fund Buying

March arabica coffee (KCH24 ) on Tuesday closed up +11.30 (+5.91%), and Jan ICE robusta coffee (RMF24 ) closed up +136 (+4.82%). Coffee prices Tuesday rallied sharply, with arabica posting an 8-month nearest-futures high and robusta posting a 5-1/2 month high. On Tuesday, concerns that ongoing dry weather in Brazil...

The Independent UK

Takeaways from lawsuits accusing JBS, others of contributing to Amazon deforestation

Authorities in a western Brazil state are taking aim at deforestation of the Amazon with a slew of lawsuits against slaughterhouses and farmers accused of illegally raising cattle in a protected area

Barchart

Coffee Prices Climb on Dry Conditions in Brazil and Low Coffee Stocks

March arabica coffee (KCH24 ) this morning is up +5.80 (+3.04%), and Jan ICE robusta coffee (RMF24 ) is up +59 (+2.09%). Coffee prices this morning are sharply higher as ongoing dry weather in Brazil risks damaging coffee crops. On Monday, Somar Meteorologia reported that Brazil's Minas Gerais region received...

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The Independent UK

Brazil lawsuits link JBS to destruction of Amazon in protected area, seek millions in damages

In an unusual series of legal actions, Brazilian prosecutors have sued multinational meatpacker JBS and three smaller slaughterhouses for allegedly buying cattle directly from illegal ranches in a protected area

FourFourTwo

Real Madrid-bound Endrick gets limited-edition gift following incredible 2023 as he signs bumper deal designed to keep him 'balanced'

Real Madrid will welcome Endrick to the Bernabeu next summer, but it's 'not the only lucrative deal the Brazilian has signed

Top News

Brazil Airlines Surges as Lula Advocates Affordable Airfare

Shares of Brazil airlines see a surge as investors breathe a sigh of relief amidst Lula's push for cheaper ticket prices, creating an optimistic atmosphere...

Guitar World

“It was the last years of the dictatorship and imports were prohibited, so my first guitar was awful and my amp was my stereo system”: Angra’s Rafael Bittencourt had humble gear beginnings – but they inspired one of prog metal’s most dependable players

The Brazilian prog powerhouse is delighted with the emotion of latest album Cycles of Pain, but he laments the lack of string-bending in modern solos – and he’ll never forget the home-made dirt pedal that’s left him hating all fuzz effects

FourFourTwo

Biggest upsets in World Cup history

A look at the most significant shocks and surprises from football's greatest tournament...

The Conversation

How government payments to the vulnerable can multiply to create economic growth for everyone

The economic fallout of COVID-19 left people around the world facing a significant threat to their livelihood. As governments scrambled to mitigate the pandemic’s impact on their populations, many decided to use direct payments to support vulnerable citizens.

Barchart

Pre-Holiday Grain Market Update: Soybeans, Corn, and Wheat

On Friday I joined Michelle Rook on AgWeb's markets now to discuss the grain and cattle markets, as well as interest rates, the US dollar, and gold.

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