StoneX revised its projection for Brazil’s 2024/25 wheat harvest, reducing expected output by 6.8%, from 9.22 to 8.59 million tons. Recent flooding in Rio Grande do Sul devastated infrastructure and lives, leading StoneX to trim the state’s projected wheat planting area by 200,000 hectares. Such losses will likely worsen due to logistical and financial issues. […]
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Chile-China: Advancing Antarctic Cooperation
A couple of days ago, the Chilean Antarctic Institute and the Chinese Arctic and Antarctic Administration renewed their Memorandum of Understanding. This update in Santiago, attended by key officials from both countries, highlighted their ongoing partnership. The renewal during President Boric’s China visit signifies a deeper relationship adhering to the Antarctic Treaty’s principles. Since 1970, […]