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.
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.
Brazil's farmers fret over fires and drought
Sugarcane farmer Marcos Meloni is still haunted by his battle last month to fight the flames on his land, as the double-edged disaster of fires and drought hits Brazil's agricultural sector hard.- 'The soil lacks water' - Meloni had already finished his harvest but his land suffered significant damage.
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.
Coffee Prices Plunge on Rain Forecasts for Brazil
December arabica coffee (KCZ24) today is down -12.40 (-4.74%), and November ICE robusta coffee (RMX24) is down -208 (-3.96%). Coffee prices today sold off sharply as forecasts for rain in Brazil have sparked fund liquidation of coffee futures.
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 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 ...
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Deforestation is partly to blame for Amazon's worst ever drought
Forest loss is thought to have played a part in record low rainfall across South America this year, in a sign that ...
Baby dolphins wash up on Brazil's Lake Tefe amid Amazon drought
STORY: The remains of rare baby river dolphins have been washing up on the shores of Brazil's Lake Tefe in recent weeks.The ...
Brazil's Amazon drought disrupts residents' lives
Severe droughts across Brazil's Amazon rainforest region are drastically altering residents' lives as mobility is hampered by ...
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 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 ...
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Brazil Reconsiders Daylight Saving to Combat Energy Crisis Amid Drought
Brazil is considering reinstating daylight saving time to conserve energy as the country faces a severe drought impacting hydroelectric power. This measure requires approval from President Luiz Inacio ...
Sugar prices surge as Brazil's drought and fires tighten global supply
The world sugar price surged by about 15 per cent this week, which was easily the industry's sharpest rally of the year.