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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
Musk's X skirts Brazil 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's top court threatens X with hefty fine for bypassing ban
Brazil's Supreme Court ordered Elon Musk-owned X not to circumvent a previous ruling suspending the social media platform in the country, at risk of a daily fine of 5 million reais ($921,726.95), according to a decision issued late on Wednesday.
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.
23h
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 ...
1h
Union prepares to suppress opposition to GM’s job cuts in Brazil
Against the illusions promoted by the union, GM workers showed their determination to fight by voting down two contract ...
3h
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 ...
4h
'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 ...
El País in English
5h
Brazil sees its worst forest fires in 14 years, exposing Lula and state governors’ lack of preparation
The president has announced extra funding to fight the 200,000 wildfire outbreaks, most of which had human causes, that are ...
5h
Apple is assembling iPhone 16 in Brazil alongside India and China
At the same time, the iPhone 16 Pro and 16 Pro Max have registered lower pre-order numbers compared to their predecessors. ...
13h
on MSN
Analysis-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 ...
9h
on MSN
Writers and Academics Applaud Brazil's Censorship in Open Letter
An open letter supporting Brazil's X ban accuses tech companies of undermining Brazil's plans for "digital independence." ...
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