Brazil

The Year-Round Appeal of Panettone: Bauducco’s Market Expansion and Krou Trading Partnership

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The transition of panettone from a seasonal specialty to a year-round favorite is a testament to the dynamic nature of global food trends and the adaptability of traditional products in modern markets. Bauducco, with the support of Krou Trading, has been at the forefront of this transformation, ensuring that panettone remains relevant and beloved by consumers around the world, regardless of the season.

The panettone, a festive Italian bread, has traditionally been a staple of the Christmas season. However, its appeal has grown significantly, transitioning into a year-round delicacy enjoyed globally. This evolution has been driven significantly by Bauducco, the largest manufacturer of panettone today, which has successfully expanded its market reach and diversified its product offerings. Additionally, … Read more

Navigating New Horizons in International Trade: Understanding CIPS in China-Brazil Poultry Transactions

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The landscape of international trade is continuously evolving, with new technologies and systems reshaping how countries interact and transact. A prime example of this evolution is the robust trade relationship between China and Brazil, particularly in the poultry sector. This relationship has been significantly bolstered by the implementation of the Cross-Border Interbank Payment System (CIPS), … Read more

Pressures and Prospects in the Global Corn Market

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The global corn market is a complex and constantly changing landscape, shaped by a myriad of factors ranging from weather patterns to international trade agreements. In this article, we delve deeper into some of the key elements currently impacting corn prices, with a particular focus on the US and Brazil. We also examine the role … Read more

The Global Soybean Market: A Detailed Analysis of Forecasted Production, Stocks, and Market Pressure in 2023/24 MR

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Rethinking the 2022/23 Soybean Market Forecast The United States Department of Agriculture (USDA) experts have made some adjustments in their May report for the Fiscal Year (FY) 2022/23 soybean production and ending stock forecasts. The slight increase in these figures is expected to exert additional pressure on the market quotes in the new season. The … Read more

Bolivia Considers Yuan-Based Trade: Echoing a Growing Latin American Trend

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The potential move by Bolivia towards yuan-based international trade signifies a shift in Latin America’s economic relations, reflective of China’s expanding influence in the region. Embracing the Yuan: Bolivia’s New Trade Strategy Bolivian President Luis Arce, during a recent press conference, expressed a willingness to consider the Chinese yuan for international trade, following similar decisions … Read more

Global Soybean Trade: Demand Dynamics Amid South American Supply Boost

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US Soybean Futures Trend Downward Despite significant improvements in sowing rates and burgeoning supplies from Brazil, soybean futures in the United States persist on a downward trajectory. As observed on the Chicago exchange recently, July soybean futures dipped by 0.7% to $515.9/t, marking a 5% reduction for the month. The November futures were also impacted, … Read more

Sugar Prices Soar to 11-Year Highs: Causes, Implications, and Future Outlook

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Factors Driving the Sugar Price Surge Sugar prices have reached an 11-year high, with raw sugar prices at the Intercontinental Exchange (ICE) experiencing a 37% increase since January. The peak of 27.41 cents per pound last week can be attributed to short-term supply tightness and concerns over the potential impact of the El Nino climate … Read more

The Impact of High Planting Rates and Favorable Weather on Global Corn Prices and Trade

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High Planting Rates in the US As of April 23, the US had planted 14% of its planned corn area, compared to 7% last year and an average of 11% over the past five years, according to NASS USDA. Dry and warm weather is expected in the next 7-10 days, which will likely accelerate the … Read more

China and Brazil Join Forces to Tackle Illegal Trade Fuelling Deforestation

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On Friday, China and Brazil pledged to cooperate in the fight against deforestation and illegal trade that results in forest loss. During a visit to China, Brazil’s President Lula da Silva met with his Chinese counterpart Xi Jinping, announcing their collaboration to control the ongoing issue of illegal deforestation. China is Brazil’s largest trading partner … Read more

The Correlation between Sugar and Petroleum Prices: An Analysis of International Prices and Sugar Exports from Brazil

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Understanding the Relationship between Two Key Commodities Sugar and petroleum prices are two of the most important factors affecting the global economy. Their prices have a significant impact on various industries and can drive inflation in many countries. However, the prices of these two commodities are closely interdependent, and the global market often witnesses a … Read more