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By Gabrielle Coppola and Josue Leonel, Bloomberg |
June 18, 2013
Brazil’s real touched a four-year low, prompting the central bank to intervene for a second straight day as a report showed higher-than-forecast inflation.
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By Peter Millard and Laurie Hays, Bloomberg |
June 14, 2013
Brazil is preparing to woo producers by offering at most a 30% take for developing its largest oil field. Analysts say it’s enough to spur interest.
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By Blake Schmidt and David Biller, Bloomberg |
June 13, 2013
Brazil’s real rose from a four-year low after the government removed a 1% tax charged on wagers against the dollar in the futures market.
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By David Biller and Maria Luiza Rabello |
June 12, 2013
Brazil’s government eliminated a tax on currency derivatives in a bid to arrest the decline of the real.
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By Sholom Sanik |
May 28, 2013
Sugar prices continue to trend lower and are now trading at a three-year low. According to the ISO, there will be a global production/consumption surplus of 8.5 million tonnes for the 2012-13 marketing year. The ISO forecasts another surplus for the new crop year.
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By Gary Kamen |
May 21, 2013
Sugar prices are in a free fall now at prices we have not seen since July 2010. A major reason for last week’s drop was that it was reported the output nearly tripled in April at the main growing area of Brazil.
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By Isis Almeida and Elizabeth Campbell |
May 15, 2013
Sugar futures fell as the outlook for the crop in Brazil, the world’s top producer, signaled ample global supplies.
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By Matthew Malinowski and Raymond Colitt, Bloomberg |
March 28, 2013
Brazil’s central bank said inflationary pressures have spread, increasing the probability that price increases will breach the upper limit of the target range for the first time in a decade.
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By Allendale Inc. |
February 26, 2013
Corn needs a bullish spark, while China might turn to the United States for soybeans, and wheat demand dries up.
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By Sholom Sanik |
February 25, 2013
Recent developments in India are very bullish and are being completely ignored by the sugar market. Severe drought will affect the 2013-14 crop to the extent that the key growing regions will see acreage fall by 20% to 25%.
