Brazil, Coffee Prices
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.
Rain Forecasts for Brazil Send Coffee Prices Tumbling
Friday closed down -10.90 (-4.17%), and November ICE robusta coffee (RMX24) closed down -189 (-3.60%). Coffee prices Friday closed sharply lower as forecasts for rain in Brazil sparked fund liquidation of coffee futures.
Drought affecting Brazil’s coffee crops may push prices higher
Brazil is facing drought, frost and fire. While this year’s harvest may be mostly safe, the price of coffee for the regular consumer is set to increase next year.
Coffee prices boiling over as natural disasters decimate crops
Europe's coffee lovers are bracing themselves for higher prices as natural disasters hit the world's top two coffee-producing countries. View on euronews
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
'Who pays?' asks Brazil Greenpeace protest on climate impact in the Amazon
A team of Brazilian Greenpeace environmental activists on Friday placed a protect banner on a sandbank that has emerged in ...
Brazil Trims 2024 Spending Freeze Amid Investor Budget Concerns
Brazil announced a reduction of the total amount of its spending freeze to 13.3 billion reais ($2.4 billion) for this year in ...
Crux2h
Bishop’s agent for land disputes kidnapped, beaten in Brazil
The incident took place Sept. 18 in Pernambuco state, an area with the state’s highest number of land disputes, which ...
Brazil's government improves fiscal outlook for the year
Brazil's government slightly reduced the expected primary deficit for the current fiscal year late on Friday, attributing the ...
Musk’s X skirts Brazil ban and returns to some users with change to server access
Some Brazilian users have regained access to X despite a nationwide ban put in place by the country’s Supreme Court.
After X’s ban in Brazil, Tumblr reports ~350% user growth
According to Tumblr, in the days since the X ban in Brazil, the site saw 222.99% growth in communities and 349.55% growth in ...
Brazil energy authorities approve returning to daylight saving time as drought bites
Brazilian authorities are likely to approve reinstating daylight saving time after it was abolished five years ago, multiple ...