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Brazil, Coffee Farms
Brazil drought hits coffee farms and threatens to push prices even higher
Coffee growers in Brazil’s Sao Paulo state are assessing the damage caused by a wildfire that devasted their crops in recent days, as the world’s largest coffee-producing country faces its worst drought in more than seven decades.
Brazil’s Harsh Drought Hits Coffee Farms, Posing A Price Increase
Brazil’s current drought, which is the worst in seven decades, is impacting its biggest export, coffee production, threatening to increase the cost of coffee even higher. The adverse climate conditions are resulting in the production of lower-quality coffee beans and smaller coffee harvests.
Coffee Prices Post Moderate Losses on Rain Forecasts for Brazil
The downside in coffee prices Thursday was limited after Conab, Brazil's crop forecasting agency, cut its 2024 Brazil coffee production forecast to 54.8 million bags from 58.8 mil
Brazil drought punishes coffee farms and threatens to push prices even higher
Brazilian coffee farmers are grappling with above-average temperatures as the country, the world’s largest coffee producer, faces its worst drought in more than seven decades
Coffee Prices Supported by Dry Conditions in Brazil
Wednesday closed down -0.10 (-0.04%), and November ICE robusta coffee (RMX24) closed up +31 (+0.58%). Coffee prices Wednesday settled mixed. Arabica coffee prices came under slight pressure Wednesday after Rabobank projected that global 2024/25 coffee production would climb by +2.
Elon Musk is navigating Brazil's X ban
Elon Musk's X and Starlink face nearly $1 million in daily fines for alleged ban evasion in Brazil
Elon Musk’s X faces steep daily fines in Brazil for allegedly evading a ban on the service there, according to a statement from the country’s supreme court on Thursday.
Brazil threatens daily fines for X and Starlink for 'non-compliance' with ban
Brazil's Supreme Court is threatening X and Elon Musk-owned Starlink with hefty daily fines for "non-compliance" with its ban of the servcie.
Elon Musk’s Starlink faces legal vulnerabilities in Brazil after X ban
Billionaire’s satellite service is considered vital in remote areas but is coming under new scrutiny in Latin American country
5h
Brazil’s online gambling craze may be hitting consumer spending
Soccer-mad Brazilians have fallen hard for online sports betting, yielding a boom of interest from foreign gambling companies ...
19h
Brazil Energy Authorities Approve Returning to Daylight Saving Time as Drought Bites
RIO DE JANEIRO/SAO PAULO (Reuters) -Brazilian energy authorities have approved bringing back daylight saving time, a senior ...
4h
Bluesky could become Brazil’s next big social media platform. It has Elon Musk’s X to thank
In an effort to cater to Brazilian users, who value video content highly, Bluesky rolled out new video capabilities last week ...
20h
ArcXP Now Powers Portal for One of Brazil’s Top Broadcasters
Arc XP, the media industry’s leading content management system, is now powering the R7.com portal of RECORD, one of the ...
devdiscourse
1h
Brazil's Unique Approach to Amazon Conservation: No Sovereign Bonds Needed
Brazil has opted against launching a dedicated sovereign Amazon bond, choosing instead to utilize its environmental and ...
1h
on MSN
Brazil Mulls Law To Force Automakers to Sell Amphibious Cars
Lawmakers in Brazil are considering forcing automakers to sell amphibious cars in the country. Bill 1824/24 calls for the ...
9h
on MSN
India has discussed raising oil imports from Brazil, minister says
India has discussed raising oil imports from Brazil in a meeting with the head of the South American nation's state-run oil ...
6h
on MSN
Sugar prices surge as Brazil's drought and fires tighten global supply
The world sugar price surged by about 15 per cent this week, which was easily the industry's sharpest rally of the year.
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