Hundreds of protestors are blocking a key Amazon soybean port in clash over river dredging.

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.

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.

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.

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.

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.

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.

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.

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.

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.

In the world’s top soybean exporter Brazil, farmers long accustomed to chasing record harvests are suddenly confronting a new worry: the threat of producing far more than the world can absorb, just as US President Donald Trump is reshaping global trade flows.

Coffee futures retreated in New York and London on weakness in the Brazilian currency and expectations of ample supplies from key world supplier Vietnam.

Raw sugar futures held steady in New York as traders mull rising output from India against estimates that mills in top grower Brazil may divert more cane to making ethanol rather than the sweetener.

China halted soybean imports from five Brazilian plants owned by major global agricultural firms over sanitation concerns, according to people familiar with the matter.

Moody’s Ratings downgraded sugar powerhouse Raizen SA, cutting to junk one of Brazil’s last remaining investment-grade corporate credits.

US President Donald Trump’s decision to remove a key tariff on Brazilian coffee and beef may deliver some relief to markets and American consumers who have struggled with soaring prices for the key staples.

From the minute Donald Trump slapped tariffs on Brazil, President Luiz Inacio Lula da Silva bet the US leader was going all-in on a weak hand. The wager paid off Thursday, when Trump limped away from the battle.