SAO PAULO Coffee trees all over Brazil's top producing state Minas Gerais have bloomed this week, marking the first major flowering for the new Brazilian coffee crop that could indicate the size of next year's production.
SAO PAULO, Oct 3 Raízen, Brazil's largest sugar
and ethanol producer, will temporarily close the Bom Retiro mill
in Sao Paulo, the country's leading cane producing state, the
company said on Thursday.
SAO PAULO An oil spill has contaminated beaches and coastline across eight Brazilian states, the country's environment agency said on Friday, although authorities are still stumped as to its origin.
SAO PAULO, Sept 24 Chinese commodities trader
COFCO told Reuters it expects a sharp drop in the
amount of soybeans it will source for export from Brazil this
year due to an outbreak of African Swine Fever (ASF) in China
that has hurt demand for animal feed.
SAO PAULO Brazilian sugar and ethanol maker Grupo Moreno, which operates three plants in the heart of Brazil's sugarcane belt, has filed for bankruptcy protection, the law firm advising the company told Reuters on Thursday.
SAO PAULO A spike in oil prices following recent attacks on facilities in Saudi Arabia is expected to boost an already positive outlook for ethanol in Brazil, according to analysts and industry representatives, further relegating sugar to the background for mills that largely process ethanol.
SAO PAULO, Sept 16 Large companies operating in
the sugar and ethanol sector in Brazil are investing to expand
capacity to produce the biofuel, due to the continuing strong
local demand and low global sugar prices, said an executive from
a leading industry group on Monday.
SAO PAULO, Sept 11 Some Brazilian mills have
canceled sugar delivery contracts with commodities traders at a
cost, an operation known in the market as washout, as New York
raw sugar futures touch contract lows and make ethanol even more
attractive, millers and analysts said.
SAO PAULO Brazil's ethanol industry is looking to grab a chunk of China's ethanol market as the Asian nation targets a 10% blend in gasoline to improve air quality, but a short-term jump in exports is unlikely, according to people following the matter.
SAO JOAO DA BOA VISTA, Brazil A towering machine rumbles through the fields of Julio Rinco's farm in the Brazilian state of Sao Paulo, engulfing whole coffee trees and shaking free beans that are collected by conveyor belts in its depths. | Video