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Oil Rallies Despite Demand Concerns
Crude oil futures rose on Thursday, bouncing back from Wednesday’s fall triggered by increased U.S. stockpiles. A softer dollar helped, as did ignoring forecasts of sluggish global demand. Markets also closely monitored global tensions. In New York, April’s WTI contract grew 1.61% to $77.59 a barrel. London’s Brent for April went up 1.54% to $82.86 […]
Brazilian Soy and Corn Exports in March 2024: Significant Yet Declining
In March 2024, Brazil’s soy and corn exports totaled 14.8 million tons, down 14.6% yet still the second-highest March on record. The Farming Ministry MAPA noted that soybeans accounted for 14.4 million tons of the exports, whereas corn contributed 430,000 tons. Despite the overall decline, these numbers still signify a robust role in the global […]