Since the lows recorded in March and April of this year, the price of oilseeds has not stopped rising. Soybeans in Chicago broke the $ 10 per bushel ($ 367 / t) barrier in the closest contract, posting an increase of more than 20% from April lows. The recovery of the price of commodities and the financial markets has had…
The Brazilian government announced on Aug. 13 that the blend requirement for biodiesel sold at the pump will be temporarily lowered from 12 percent to 10 percent for the months of September and October. A statement published by the Brazlian National Agency of Petroleum, Natural Gas and Biofuels (ANP) said the reduction is necessary to ensure domestic supplies of diesel…
Usually associated with positive themes like soccer and samba, in 2019, several negative facts related with Brazil reverberated globally. Amazon wildfires, for example, have made headlines in international news, and the hashtag #PrayforAmazonas ranks first on Twitter’s worldwide trending topics. The British newspaper “The Guardian”, the website of US magazine “National Geographic”, the CBS television network, and several German newspapers…
The increase in fires burning in Brazil set off a storm of international outrage last week. Celebrities, environmentalists, and political leaders blame Brazilian president, Jair Bolsonaro, for destroying the world’s largest rainforest, the Amazon, which they say is the “lungs of the world.” Singers and actors including Madonna and Jaden Smith shared photos on social media that were seen by…
Declining protein levels in Brazil, the world’s top soybean supplier, spell trouble for exporters who are faced with the prospect of cancellations, selling beans at a discount or stricter contracts requiring quality assurances with buyers who want to guarantee a nutrient-rich purchase. The protein content in Brazil’s 2018 soy crop harvested around January of that year slipped to an average…