Brazilian companies and British multinational will build Tocantins' first corn ethanol plant
In partnership, Brazilian companies Agrojem and ACP and British company Czarnikow will build Tocantins Bioenergia, the first corn ethanol plant in the state. Construction is scheduled to begin in the second half of 2024; operations should begin in the second half of 2026. As reported by Globo Rural, in full operation, […]
Brazil and Argentina on alert due to wheat crops
Wheat farmers in the main Brazilian producing regions are on alert due to the weather conditions. After all, in Rio Grande do Sul, Emater reports that, as the harvest progresses, the initially expected quality and productivity are declining, due to the rainy weather. Furthermore, in Argentina, an important wheat producer, the drought that affected […]
Bunge profits fall 11% in third quarter
Third-quarter profits at global agribusiness giant Bunge fell by 11% compared to the same period last year. Earnings in the segment fell from US$528 million in the same quarter last year to US$472 million, the company announced on October 26. Agribusiness volumes were 18.85 […]
Soybean planting in Brazil reaches 51% with drought in MT and lots of rain in PR
The planting of the 2023/24 soybean harvest reached 51% of the estimated area for Brazil on Thursday (02), compared to 40% a week earlier and 57% in the same period last year, according to a survey by AgRural. With the slower than normal progress of the week adding to delays already accumulated in weeks […]
Brazil and China raise soybeans in Chicago
On the Chicago Stock Exchange, soybeans closed higher with the weather in Brazil and nods from China, according to information released by TF Agroeconomic. “The soybean contract for January/24, the next date negotiated in the USA, closed at a high of 1.77 %, or $ 23.50 cents/bushel at $ 1351.75”, he comments. “The quote for May/24, […]
Repsol licenses Honeywell technology for renewable fuels in Puertollano
Spanish energy company Repsol has licensed Honeywell's Ecofining technology to produce renewable fuels at its Puertollano facility. The plant plans to convert waste raw materials such as used cooking oil (UCO) and animal fats into renewable diesel and other products. Honeywell announced on October 3 that it will have a capacity of up to […]
Argentina extends soy dollar scheme for all products until November 17
The Argentine government extended the soy dollar scheme to all products until November 17, two days before the second round of the next presidential election, according to information from AgriCensus. The country's Ministry of Economy announced on October 24 that importers could use the CCL dollar (counted with […]
The Future of Sugar and Ethanol: Key Discussions at the Datagro 2023 Conference
The 23rd Datagro Conference on Sugar and Ethanol, one of the most important events in the sugar-energy sector, brought together the main industry players to discuss the challenges and opportunities that shape this constantly evolving market. Our experts, Melinda Rodrigues and Felipe Camargo, participated in the two days of the conference, which took place on the 23rd and 24th […]
Presidential elections in Argentina: Uncertain second round and impacts on the commodities sector
At the end of October, Argentina faced the first round of the 2024 presidential elections. With two candidates and a candidate with strong names to take the position, the decision on the seat will be left for the second round on November 19, led by the two candidates. In the first round, Sergio Massa led the votes […]
