Brazilian conglomerate Cosan SA is no longer directly involved in talks with Shell Plc to rescue the troubled sugar and ethanol joint-venture Raízen SA, Chief Executive Officer Marcelo Martins said.
Brazilian conglomerate Cosan SA is no longer directly involved in talks with Shell Plc to rescue the troubled sugar and ethanol joint-venture Raízen SA, Chief Executive Officer Marcelo Martins said.
A Cosan SA logo. Photographer: Victor Moriyama/Bloomberg
Technology developer Syzygy Plasmonics made a series of preliminary deals aimed at building out production of low-emission jet fuel across the Americas.
Technology developer Syzygy Plasmonics made a series of preliminary deals aimed at building out production of low-emission jet fuel across the Americas.
Technology developer Syzygy Plasmonics made a series of preliminary deals aimed at building out production of low-emission jet fuel across the Americas.
Technology developer Syzygy Plasmonics made a series of preliminary deals aimed at building out production of low-emission jet fuel across the Americas.
Agriculture traders rushed to adjust positions with the escalating conflict in Iran threatening to disrupt supply chains from corn and soybean meal to fertilizer and sugar.
Agriculture traders rushed to adjust positions with the escalating conflict in Iran threatening to disrupt supply chains from corn and soybean meal to fertilizer and sugar.
The Brazilian government reversed plans to privatize key waterways in the Amazon, marking a victory for protesters who occupied a Cargill Inc. grain shipping terminal in the region.
The Brazilian government reversed plans to privatize key waterways in the Amazon, marking a victory for protesters who occupied a Cargill Inc. grain shipping terminal in the region.
A blocked road as indigenous protesters camp outside of the Cargill grain terminal, along the Tapajos and Amazon Rivers in Santarem, Para state, Brazil, on Feb. 9.
Hundreds of protestors are blocking a key Amazon soybean port in clash over river dredging.
A barge and bulk carrier ship are loaded with soybeans at the Cargill grain terminal, along the Tapajós and Amazon Rivers in Santarém, Pará state, Brazil, in 2025.
Brazilian sugar and ethanol producer Raízen SA booked a steep 11 billion reais ($2.1 billion) in impairment charges, as mounting debt poses a risk to the company’s ability to continue operating.
Brazilian sugar and ethanol producer Raízen SA booked a steep 11 billion reais ($2.1 billion) in impairment charges, as mounting debt poses a risk to the company’s ability to continue operating.
A worker shovels sugar at the Vista Alegre sugar and ethanol bioenergy plant in Itapetininga, Sao Paulo state, Brazil, on Friday, Nov. 10, 2023. Sugar mills returning from the ashes are helping drive up production of the commodity in top producer Brazil, a key move to aid tight global markets as other producing countries face several crop issues. Photographer: Jonne Roriz/Bloomberg
Shares of Brazil’s Suzano SA, one of the world’s top exporters of pulp, jumped after executives pointed to an expected tightening of global supplies that could support prices of the commodity in the coming months.
Shares of Brazil’s Suzano SA, one of the world’s top exporters of pulp, jumped after executives pointed to an expected tightening of global supplies that could support prices of the commodity in the coming months.
Raízen SA’s credit rating was slashed deeply into junk grade by Fitch Ratings and S&P Global Ratings as the Brazilian sugar-and-ethanol company faces a growing cash crunch, fueling a selloff in its bonds that’s cut the prices nearly in half over the past week.
Raízen SA’s credit rating was slashed deeply into junk grade by Fitch Ratings and S&P Global Ratings as the Brazilian sugar-and-ethanol company faces a growing cash crunch, fueling a selloff in its bonds that’s cut the prices nearly in half over the past week.
A Raizen ethanol processing facility in Piracicaba, Sao Paulo state, Brazil.
Cocoa futures in New York fell below $4,000 per metric ton for the first time since 2023, further erasing much of a blistering rally that has left the chocolate industry grappling with dwindling demand.
Cocoa futures in New York fell below $4,000 per metric ton for the first time since 2023, further erasing much of a blistering rally that has left the chocolate industry grappling with dwindling demand.
A farmer attends to cocoa beans drying on a rack at a farm in Kwabeng, Ghana. Photographer: Paul Ninson/Bloomberg
Arabica coffee futures extended gains in New York, buoyed by expectations that a stronger Brazilian real will continue to curb shipments from Brazil, the world’s largest producer.
Arabica coffee futures extended gains in New York, buoyed by expectations that a stronger Brazilian real will continue to curb shipments from Brazil, the world’s largest producer.
Cotton futures in New York surged to the highest in eight weeks as traders weigh an outlook for tighter supplies this year and volatility in oil markets.
Cotton futures in New York surged to the highest in eight weeks as traders weigh an outlook for tighter supplies this year and volatility in oil markets.
A cotton stripper during a harvest on a farm near Corn, Oklahoma. Photographer: Nick Oxford/Bloomberg
A group representing some of the world’s largest soybean traders is exiting a landmark deal created in Brazil to protect the Amazon against deforestation.
A group representing some of the world’s largest soybean traders is exiting a landmark deal created in Brazil to protect the Amazon against deforestation.
Fog covering the fields in Sao Felix do Xingu, Para state, Brazil.
Brazil’s Attorney General has recommended a four-month delay to a state law that will remove tax benefits from crop traders that obey a landmark deal created to protect the Amazon against deforestation.
Brazil’s Attorney General has recommended a four-month delay to a state law that will remove tax benefits from crop traders that obey a landmark deal created to protect the Amazon against deforestation.
Workers use a combine harvester to gather soy crops during a harvest at a farm in Orizona, Goias state, Brazil, on Friday, Feb. 21, 2025. Brazil's national supply company has cut the 2024-2025 seasonal soybean output estimate from 166.33m tons to 166.01m tons, lower than analyst expectations.
Cheap beef may soon become further out of reach. Brazil, one of the world’s few remaining sources of abundant cattle, is heading into a period of shrinking supplies that could push global prices higher.
Cheap beef may soon become further out of reach. Brazil, one of the world’s few remaining sources of abundant cattle, is heading into a period of shrinking supplies that could push global prices higher.
Cattle on a ranch in Santana do Araguaia, Brazil. Photographer: Victor Moriyama/Bloomberg
Cocoa wavered between gains and losses in New York as traders weighed a reduced outlook for this season’s surplus and the prospect of index-related buying supporting the market.
Cocoa wavered between gains and losses in New York as traders weighed a reduced outlook for this season’s surplus and the prospect of index-related buying supporting the market.
Dried cocoa beans at a cacao farm and production facility in Ragonvalia, Norte de Santader department, Colombia.
Electricity drives growth. For decades, that’s held true and load growth hasn’t been a problem. But a confluence of factors is putting a huge amount of stress on grids around the world, and it’s creating a tangible drag on economic growth.
Electricity drives growth. For decades, that’s held true and load growth hasn’t been a problem. But a confluence of factors is putting a huge amount of stress on grids around the world, and it’s creating a tangible drag on economic growth.
The climate pattern’s return exposes fragile food networks and heightens risks worldwide.
A resident carries food supplies through flood waters in Takbai district in Thailand's southern province of Narathiwat on Dec. 5. Photographer: Madaree Tohlala/AFP/Getty Images