Record global temperatures continued in June, says WMO
The global average temperature has been 1.5°C above pre-industrial levels for 12 consecutive months, according to new data released by the European Union’s Copernicus Climate Change Service. The UN’s WMO warned that this was the hottest June on record, the 13th consecutive month with a record temperature. While unusual, a sequence of […]
Lula: Internal contradictions delay EU-Mercosur agreement
President Luiz Inácio Lula da Silva said on Monday that the Mercosur trade agreement with the European Union has not yet been concluded because the European bloc has not managed to resolve its internal issues. “We have not concluded the agreement with the European Union because the Europeans have not yet managed to resolve their own internal contradictions,” […]
Falling soybean prices: Contrast between Chicago and Paranaguá
Soybean prices in Chicago depreciated by 3.7% in June, averaging USD 11.73 per bushel. In contrast, prices in Paranaguá recorded their fourth consecutive monthly increase. The depreciation of the real and positive premiums in the Brazilian market contributed to the formation of favorable prices, resulting in a […]
Argentina reaches millions in agricultural production
The Buenos Aires Grain Exchange (BCBA) recently released comprehensive data on the main agricultural crops in Argentina, offering valuable insights into the current outlook and projections for the sector. Regarding wheat, it was revealed that 85.3% of the projected 6.3 million hectares have already been sown, reflecting a weekly advance […]
La Niña threatens Latin America with climate extremes
Latin America and the Caribbean should brace for the arrival of La Niña, the weather pattern fueling a highly active Atlantic hurricane season and greater climate variability across the region, experts said Tuesday. The World Meteorological Organization hosted a webinar on the threat of La Niña as […]
Government withdraws from rice auction
The government of President Luiz Inácio Lula da Silva has decided to suspend the rice auction indefinitely, opting to negotiate with the agricultural sector to control the product’s prices. Carlos Fávaro, the Minister of Agriculture, considers the decision prudent due to the recent drop in prices, and states that the auction measure will be […]
La Niña: Climate Impacts in RS
The most recent data from the Secretariat of Agriculture, Livestock, Sustainable Production and Irrigation of Rio Grande do Sul point to the formation of the La Niña phenomenon in the coming months. The transition of El Niño to a neutral phase was observed between the end of May and the last weeks of June 2024, with anomalies […]
India's palm oil imports peak in June
India's palm oil imports rose by 3% in June from the previous month, reaching a six-month high, due to strong refinery demand for upcoming festivals and the oil's discount to rival products in negotiations, five said. traders told Reuters. The increase in purchases of […]
China: Record soybean imports in July
China is expected to import record volumes of soybeans in July, attracted by lower prices and the prospect of Donald Trump returning to the presidency and reigniting trade tensions between Beijing and the US, which was once China's main supplier of the oilseed. The world's largest soybean importer recorded higher volumes in […]
