Coffee Prices Fall As Brazilian Real Plunges
9 Articles
9 Articles
With High Dollar, Perspective Is Jump in Exports of Brazilian Agriculture, Pressing Commodity Prices
After Lula's victory in the elections, which pushed the real one, improving the prospects of exports of Brazilian agribusiness, future soy contracts fell to the lowest level in two months in Chicago, while coffee and sugar retreated with strength. Elections 2026: Dollar shoots, Bag breaks down, triggering several 'circuit breakers'. Treasure cancel auction Know what it is: After soy, cotton and meat, Brazil's agro must overcome the US in another…
The soy plummeted on the Chicago Stock Exchange during the first operations this Monday and is at its lowest value in two months.The oilseed fell back almost US$9 per ton amid the advance of the US harvest and a sharp depreciation of the Brazilian real after the result of the presidential elections in the neighboring country, where Lula Da Silva won.In the middle of the morning, the November position was quoted at US$453.24 per ton, with a decre…
Operators claimed that the surprising turnaround was particularly negative for the US soybean futures, Brazil's competitors in this market
Forbes, the world's most well-conceived business and economic magazine. Exchange devaluation stimulates Brazilian exports and leads to the drop of commodities in the ICE and CBOT exchanges The post Election Results in Brazil Press Prices of Soja, Coffee and Sugar appeared first in Forbes Brazil.
Contract for March closed to 19.10 cents per pound-weight; rains in Brazil and falling in the production of the Centro-Sul limit losses.
Coverage Details
Bias Distribution
- 100% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
