Safras & Mercado’s recent update to Brazil’s soybean output forecast has led to minor adjustments in supply and demand perspectives. In 2024, Brazil might export 94 million tons of soybeans. This is less than the 101.86 million tons shipped in 2023, a 7.7% fall. Safras & Mercado shared these numbers, consistent with their earlier report. […]
Related Posts
Bitcoin Miners Respond to Upcoming Halving with Increased Sales
Bitcoin miners are acting early to mitigate expected earnings drops from the April halving, which slashes blockchain rewards for transaction validations in half. Since 2024 began, miners’ Bitcoin reserves have diminished by 8,400 tokens, hitting a low last observed in June 2021, according to CryptoQuant. This reduction signals miners are offloading tokens. Matthew Sigel from […]
Chad Launches Military Offensive Against Boko Haram in Lake Region
The Chadian government has initiated Operation Haskanite in response to a deadly attack on a military base. Boko Haram militants struck the Barkaram island garrison on October 27, 2024. The assault resulted in the deaths of approximately 40 Chadian soldiers. President Mahamat Idriss Deby Itno visited the site shortly after the attack. He then ordered […]
Zombie Drug Xylazine Complicates Mexico’s Opioid Crisis
In Mexico, health officials have issued a stark warning about Xylazine, a veterinary sedative often dubbed “tranq dope” or “zombie drug.” This substance is now infiltrating the illicit opioid markets of Tijuana and Mexicali. These developments echo the troubles experienced in the U.S., where the same substance has significantly worsened the opioid epidemic, particularly in […]