The likelihood of a weak La Niña event has reduced the risk of drought for soybean crops in southern Brazil and Argentina for the 2024/25 season. This development has led StoneX, a prominent consultancy firm, to maintain its optimistic forecast for Brazil’s soybean production. StoneX predicts a record-breaking harvest of 165 million tons for Brazil’s […]
Related Posts
Dollar Peaks, Brazilian Stocks Dip
On October 5, the U.S. dollar closed at R$ 5.17, hitting its highest mark since March 27. In contrast, the Brazilian stock market fell by 0.28%, touching a four-month low. The dollar started steady but jumped after U.S. markets opened. At its peak, the currency hit R$ 5.19 around noon. Even so, the dollar has […]

Honduras foreign minister denies threats to investment after U.S. allegations
Honduran Foreign Minister Eduardo Enrique Reina has refuted allegations raised by a group of US congressmen regarding threats to foreign investments in Honduras. Responding on Twitter, Reina assured that no investment is at risk and stated that President Xiomara Castro is working towards establishing a secure legal framework and the rule of law. He emphasized […]
Milei Reports Drop in Argentina’s Inflation
Argentina’s President, Javier Milei, announces that inflation is decreasing, sharing the news and promising a brighter future for the nation. The announcement came through Télam, the state news agency, on Sunday. Milei spoke in Mar del Plata this weekend. He addressed an audience at a show featuring Fátima Flórez, his partner. “When I visited last […]