Brazil’s government will ask Congress for authorization to use extraordinary revenue linked to oil to cut taxes on fuel such as gasoline, diesel, ethanol and biodiesel.
Brazil’s government will ask Congress for authorization to use extraordinary revenue linked to oil to cut taxes on fuel such as gasoline, diesel, ethanol and biodiesel.
Luiz Inacio Lula da Silva, Brazil's president, during a joint press conference with Cyril Ramaphosa, South Africa's president, not pictured, at Planalto Palace in Brasilia, Brazil, on Monday, March 9, 2026. Ramaphosa’s visit to Brazil will focus on enhancing diplomatic and political relations, as well as economic and commercial relations between the two countries.
Robusta coffee climbed to the highest in almost two weeks in London, on concern that parts of top grower Vietnam are too dry and as exchange stockpiles continued to shrink.
Robusta coffee climbed to the highest in almost two weeks in London, on concern that parts of top grower Vietnam are too dry and as exchange stockpiles continued to shrink.
An employee checks robusta coffee beans during the cooling down process at the Tran-Q Co. coffee factory in Dong Nai province, Vietnam, on Tuesday, May. 28, 2024. Prices of robusta coffee beans, the variety most often used in instant beverages, have been on a tear. Futures surged about 50% over the past year and at one point this week jumped as much as 7%, the most since 2010.
The world’s second-largest ethanol producer Brazil is considering raising the amount of ethanol in gasoline, in a move that would aid consumers facing higher fuel prices while also boosting demand for sugar-cane mills struggling with a biofuel supply glut.
The world’s second-largest ethanol producer Brazil is considering raising the amount of ethanol in gasoline, in a move that would aid consumers facing higher fuel prices while also boosting demand for sugar-cane mills struggling with a biofuel supply glut.
Cofco International Ltd. said it is loading a bulk cargo of Argentine corn to China, in what will be the first such shipment in more than 15 years as the two countries expand agricultural trade.
Cofco International Ltd. said it is loading a bulk cargo of Argentine corn to China, in what will be the first such shipment in more than 15 years as the two countries expand agricultural trade.
Grains are loaded onto a ship along the Parana River waterway at the Molinos Agro grain processing and crushing facility in Rosario, Santa Fe province, Argentina, on Friday, May 16, 2025. China signed a letter of intent with exporters in Argentina to buy about $900 million of soybeans, corn and vegetable oil, the latest indication that the Asian nation will avoid sourcing from the US during President Donald Trump's trade war.
Shares for the world’s top meat producer JBS NV jumped the most in nearly seven months on better-than-expected US beef margins even as a massive cattle shortage pushes industry costs higher.
Shares for the world’s top meat producer JBS NV jumped the most in nearly seven months on better-than-expected US beef margins even as a massive cattle shortage pushes industry costs higher.
Chinese and Brazilian authorities came to an agreement that will likely bring relief to the trade of soybeans between both countries, after a number of cargoes failed to pass sanitary inspections, according to a document by Brazil’s Agriculture Ministry.
Chinese and Brazilian authorities came to an agreement that will likely bring relief to the trade of soybeans between both countries, after a number of cargoes failed to pass sanitary inspections, according to a document by Brazil’s Agriculture Ministry.
Combine harvesters in a soybean field during a harvest near Mambai, Goias state, Brazil.
Big oil and global crop traders rushed into Brazil’s ethanol market more than a decade ago with a spate of deals. Now, the most emblematic of those deals is unraveling amid fading enthusiasm for the business.
Big oil and global crop traders rushed into Brazil’s ethanol market more than a decade ago with a spate of deals. Now, the most emblematic of those deals is unraveling amid fading enthusiasm for the business.
A Shell truck prepares to refuel at the Raízen SA distribution center in Sao Paulo.
Rising oil prices caused by war in the Middle East are driving up costs for crop exporters in Brazil, where growers rely heavily on diesel-powered trucks for transportation.
Rising oil prices caused by war in the Middle East are driving up costs for crop exporters in Brazil, where growers rely heavily on diesel-powered trucks for transportation.
A combine harvester fills trucks along the edge of a soybean field during a harvest near Mambai, Goias state, Brazil, on March 3.
Some soybean shipments from top exporter Brazil have failed to clear the country’s own sanitary inspections, raising concerns about potential disruptions at a crucial time for trade with China.
Some soybean shipments from top exporter Brazil have failed to clear the country’s own sanitary inspections, raising concerns about potential disruptions at a crucial time for trade with China.
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.
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