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Sugar prices, Brazil
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.
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.
Sugar Prices Surge as Drought and Fires Threaten Brazil's Sugar Production
NY world sugar #11 (SBV24) today is up +0.93 (+4.24%), and December London ICE white sugar #5 (SWZ24) is up +21.50 (+3.78%). Sugar prices today added to this week's parabolic rally, with NY sugar posting a 6-3/4 month high and London sugar posting a 2-1/2 month high.
Threats to Brazil's Sugar Production Send Sugar Prices Soaring
Friday closed up +0.73 (+3.33%), and December London ICE white sugar #5 (SWZ24) closed up +16.30 (+2.87%). Sugar prices Friday extended this week's parabolic rally, with NY sugar posting a 6-3/4 month high and London sugar posting a 2-1/2 month high.
2d
What we know about the fire 'pandemic' plaguing Brazil
Brazil is burning. From the Amazon rainforest to the Pantanal wetlands, flames have consumed millions of hectares of forest ...
1d
Thousands of Fires Are Burning in the Drought-Wracked Amazon
Much of Brazil is burning as tens of thousands of fires rage around the country, half of them in the Amazon rainforest.
El País in English
1d
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 ...
AFP on MSN
3d
Brazil fires need harsher punishment: environmental police boss
Brazil's raging wildfires are being driven by people seeking to clear land for agriculture or arsonists out to sow havoc, a ...
7d
on MSN
What officials say is causing the record-breaking wildfires in Brazil
A series of record-breaking wildfires are currently burning in several regions in Brazil, threatening residents and some of ...
La Croix
3d
Amid Brazil’s devastating fires, a race to save endangered wildlife
After a fire ravaged nearly half of Brasilia National Forest, Brazil faces record-breaking fires and drought, while ...
4d
The Fires That Could Reshape the Amazon
Vast, diverse parts of Brazil are burning at the same time, forcing officials to rethink how to protect crucial ecosystems ...
The World on MSN
3d
Wildfires in Brazil’s Pantanal becoming more likely because of climate change
The Pantanal, Brazil's wetlands region, covers an area roughly the size of England. Although this region is typically flooded ...
10d
Brazil enduring worst drought in over 70 years and rise in fires mostly linked to deforestation
Brazil is enduring its worst drought since nationwide measurements began over seven decades ago, with 59% of the country ...
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