Marcelo Teixeira

Ample flowering seen in Brazil's top coffee state, rains on the way

10 Oct 2019

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.

UPDATE 1-Brazil sugar company Raízen to idle mill in Sao Paulo state

03 Oct 2019

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.

Mysterious oil spill contaminates beaches across swathe of Brazilian coast

28 Sep 2019

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.

China's COFCO says soy exports from Brazil to slump on African swine fever crisis; corn to jump

24 Sep 2019

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.

Brazilian sugar company Moreno files for bankruptcy protection

19 Sep 2019

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.

Oil price spike set to improve ethanol outlook in Brazil

17 Sep 2019

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.

Large groups investing to expand ethanol capacity in Brazil -Unica

17 Sep 2019

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.

Brazil mills cancel sugar delivery contracts as prices dip

11 Sep 2019

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.

Brazil sets sights on China's ethanol market, but high volumes unlikely

30 Aug 2019

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.

How Brazil and Vietnam are tightening their grip on the world's coffee

22 Aug 2019

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

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