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The Latest Breaking News from Brazil

Sugar Prices Mixed on Higher Brazil Sugar Production Estimates

July NY world sugar #11 (SBN24 ) this morning is down -0.06 (-0.31%), and Aug London ICE white sugar #5 (SWQ24 ) is up +1.40 (+0.24%). Sugar prices today are mixed. Today's action by Datagro to raise its sugar production estimate for Brazil's Center-South region is weighing on sugar prices....

Barchart

Insufficient Rain in Vietnam and Brazil Pushes Coffee Prices Higher

July arabica coffee (KCN24 ) this morning is up +2.60 (+1.32%), and July ICE robusta coffee (RMN24 ) is up +50 (+1.46%). Coffee prices this morning are moderately higher. Insufficient rainfall in Vietnam and Brazil may lead to lower coffee yields and is bullish for prices. The Buon Ma Thuot...

Barchart

Eletrobras Q1 Net Income Decreases By 19% In Brazil

Eletrobras, Brazil's state-run power company, reported a 19% decrease in net income for Q1, citing higher expenses and lower revenue. Despite challenges, t...

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Southern Brazil Faces Massive Flooding Crisis

Authorities in southern Brazil respond to devastating floods, urging safety and providing aid to affected communities.

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Sugar Prices Weighed Down by Dollar Strength and Higher Brazilian Production

July NY world sugar #11 (SBN24 ) on Wednesday closed down -0.35 (-1.75%), and Aug London ICE white sugar #5 (SWQ24 ) closed down -12.80 (-2.19%). Sugar prices Wednesday closed moderately lower as a stronger dollar spurred some long liquidation pressure in sugar futures after Tuesday's rally. On Tuesday, sugar...

Barchart

Coffee Prices Erase Early Losses on Forecasts for Limited Rain in Brazil

July arabica coffee (KCN24 ) on Wednesday closed up +0.90 (+0.46%), and July ICE robusta coffee (RMN24 ) closed up +36 (+1.07%). Coffee prices recovered from early losses on Wednesday and posted moderate gains. Forecasts for limited rainfall in Brazil until late next week sparked some short covering in coffee...

Barchart

UFC champ Alex Pereira donates $100,000 in response to Brazil floods, plans additional $20,000

UFC champion Alex Pereira is doing his part after natural disaster hit his home country in Brazil.

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Arsenal could make Brazilian wonderkid their first summer signing: report

Arsenal are said to be one of many clubs around Europe watching Palmeiras' latest star

FourFourTwo

Sugar Prices Remain Generally Weak on Higher Brazilian Production

July NY world sugar #11 (SBN24 ) this morning is down -0.38 (-1.90%), and Aug London ICE white sugar #5 (SWQ24 ) is down -13.90 (-2.374%). Sugar prices today are moderately lower as a stronger dollar spurred some long liquidation pressure in sugar futures after Tuesday's rally. On Tuesday, sugar...

Barchart

Brazil Flooding Death Toll Reaches 100

The death toll from devastating floods that have ravaged southern Brazil for days reached 100 on Wednesday, authorities said, as the search continued for dozens of people still missing.

International Business Times

Arabica Coffee Prices Slip as ICE Inventories Rebound

July arabica coffee (KCN24 ) this morning is down -0.50 (-0.25%), and July ICE robusta coffee (RMN24 ) is up +26 (+0.77%). Coffee prices this morning are mixed. Arabica coffee is under modest pressure today on a rebound in ICE coffee inventories after ICE-monitored arabica coffee inventories on Tuesday rose...

Barchart

Brazil Polls Show Mixed Approval Ratings For Lula

Explore the mixed approval ratings for former President Lula in Brazilian polls and their impact on upcoming elections.

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Brazil's Auto Industry Sees Surge In Sales And Production

Brazil's automotive industry saw a surge in sales and production in April, indicating economic growth and consumer confidence.

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Brazil’s far right pilloried for Madonna outrage after figures spotted at concert

Supporters of rightwing ex-president Jair Bolsonaro among 1.6m people at show despite conservative criticism of ‘satanist’ singer

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Brazil To Review Pension Benefit Calculations In Spending Review

Brazil's government plans to review pension benefit calculations to ensure system sustainability and fiscal stability amidst economic challenges.

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Brazil's Porto Alegre Faces Water Crisis After Deadly Floods

Porto Alegre, Brazil, grapples with post-flood crisis, facing casualties, water scarcity, and health risks. Efforts ongoing to rescue stranded residents an...

The Guardian - US

Brazil flooding death toll rises to 90 as more than 155,000 people displaced

At least 361 injured and 131 missing in southern part of country from what governor called his state’s ‘biggest climate catastrophe’

Barchart

Sugar Prices Supported by Expectations of Smaller Global Supplies

July NY world sugar #11 (SBN24 ) on Tuesday closed up +0.47 (+2.41%), and Aug London ICE white sugar #5 (SWQ24 ) closed up +13.70 (+2.40%). Sugar prices rallied Tuesday to 3-week highs. Sugar has carryover support from Monday when the Indian Sugar and Bioenergy Manufacturers Association reported that India's...

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Barchart

Arabica Coffee Rebounds on Prospects of Limited Rain in Brazil

July arabica coffee (KCN24 ) on Tuesday closed up +1.45 (+0.74%), and July ICE robusta coffee (RMN24 ) closed down -163 (-4.60%). Coffee prices on Tuesday settled mixed, with robusta falling to a 6-week low. Robusta coffee closed sharply lower Tuesday as it reopened after being closed on Monday for...

International Business Times

Brazilians Queue For Precious Water As Flood Damage Intensifies

Humanitarian aid arrived Tuesday in Porto Alegre and other flood-ravaged municipalities of southern Brazil, where queues formed for drinking water as forecasters warned of more downpours.

The Guardian - US

‘Magical moment’ as fire-ravaged Brazil museum receives big fossil donation

Collection of more than 1,000 fossils including rare dinosaurs given to National Museum in Rio six years after devastating blaze

Barchart

Sugar Rallies on the Prospects of Smaller Global Supplies

July NY world sugar #11 (SBN24 ) this morning is up +0.43 (+2.21%), and Aug London ICE white sugar #5 (SWQ24 ) is up +11.00 (+1.92%). Sugar prices today are moderately higher, with London sugar posting a 3-week high. Sugar has carryover support from Monday when the Indian Sugar and...

Barchart

Coffee Prices Under Pressure on Improved Supply Prospects

July arabica coffee (KCN24 ) this morning is down -0.10 (-0.05%), and July ICE robusta coffee (RMN24 ) is down -193 (-5.45%). Coffee prices this morning are weaker, with arabica posting a 5-week low and robusta falling to a 6-week low. A rebound in ICE coffee inventories has also eased...

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Brazil Officials Consider Pension Spending Limits Despite Potential Opposition

Brazil considers pension reforms to address economic challenges amidst concerns of opposition from former President Lula.

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Brazil's Ex-President Bolsonaro To Undergo Health Treatments In Sao Paulo

Former Brazilian President Jair Bolsonaro to undergo health treatments in Sao Paulo, sparking interest in his well-being and political future.

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