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.
Market Update: Drought in Brazil Pushes Soybean Contracts Higher
US corn harvest is moving along, reaching 14% complete as of September 22. That compares to 9% last week and 11% on the five-year average. Soybean farmers are also bringing in crops at a relatively quick pace. Harvest is 13% completed, up from 6% the previous week and the five-year average of 8%.
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.
Brazil drought hits coffee farms and threatens to push prices even higher
Coffee growers in Brazil’s Sao Paulo state are assessing the damage caused by a wildfire that devasted their crops in recent days, as the world’s largest coffee-producing country faces its worst drought in more than seven decades.
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.
Brazil's drought drives coffee and sugar prices to record highs amid global supply concerns
Brazil's severe drought continues to impact its coffee and sugar production, driving global prices to new highs. Farmland ...
Brazil drought dries river and stops shipping on key grains corridor
A widespread drought in Brazil has halted the transport of grains through the Madeira river, an important northern waterway ...
Dramatic images show drought’s toll on Brazil’s Amazon rainforest and its rivers
When the Negro River and surrounding areas were photographed in late June and early July, it was nearly 27 metres deep at the ...
Brazil faces record wildfires and drought — and it may only get worse
The flames of tens of thousands of fires have torn over millions of acres this summer, making this year the worst for Amazon ...
Brazil energy authorities approve returning to daylight saving time as drought bites
Brazilian energy authorities have approved bringing back daylight saving time, a senior official said on Thursday, to save ...
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Drought reduces Amazon River in Colombia by as much as 90%: report
The river -- the world's biggest by volume and which also flows through parts of Brazil, Peru, Bolivia, Ecuador, Venezuela, ...
Brazil experiencing record-breaking wildfires as persistent drought affects the Amazon rainforest
A series of record-breaking wildfires are currently burning in several regions in Brazil, threatening residents and some of ...
Brazil's Supreme Court endorses drought and wildfire spending
BRASILIA, Sept 15 (Reuters) - Brazil’s Supreme Court on Sunday authorized the government to exempt spending on wildfires and ...
Brazil sugar losses make Thai and Indian supply more important
Brazil’s wildfires and drought that rattled the global sugar market have put the onus on Thailand and India to cover lost supplies. But both have offered recent reminders that they too face their own ...