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Marcelo Teixeira

Dreyfus Brazil sugar unit sells mill to pay debt, boosts ethanol stock

Sep 21 2018

SAO PAULO, Sept 21 Biosev, the Brazilian sugar firm controlled by commodities trader Louis Dreyfus, sold a mill to pay down debt and is taking measures to boost ethanol stocks, the company's chief financial officer said on Friday.

UPDATE 1-Brazil's BRF sees rising competition for corn from ethanol makers

Sep 19 2018

SAO PAULO, Sept 19 Brazil's largest poultry processor BRF SA has seen rising competition for corn supplies in the country's center-west region coming from plants producing corn-based ethanol, Chief Executive Pedro Parente said on Wednesday.

Soy planting gets underway in Brazil after favorable weather

Sep 18 2018

SAO PAULO Brazilian farmers sped up soy and corn plantings this week for the country's next grain crop, under favorable weather conditions and a positive market outlook, despite a sharp fall in soybean futures in Chicago on Tuesday.

Dryness cuts crop for world's largest sugarcane plant in Brazil

Sep 13 2018

PRADÓPOLIS, Brazil The world's largest sugarcane processing plant, a Brazilian mill able to process 10 million tonnes per year, has recorded a drop in cane crushing for the second consecutive season because of excessive dryness in Sao Paulo state, an executive said on Thursday.

Brazil, Australia to fight any Indian sugar export subsidy

Sep 13 2018

SAO PAULO Brazilian and Australian sugar industry groups are working together with their respective governments to prepare a formal complaint to the World Trade Organization (WTO) over any possible sugar export subsidy by India, a top Brazilian sugar official told Reuters.

UPDATE 1-Brazil, Australia to fight any Indian sugar export subsidy

Sep 12 2018

SAO PAULO, Sept 13 Brazilian and Australian sugar industry groups are working together with their respective governments to prepare a formal complaint to the World Trade Organization (WTO) over any possible sugar export subsidy by India, a top Brazilian sugar official told Reuters.

Brazil, Australia to fight any Indian sugar export subsidy 

Sep 12 2018

SAO PAULO, Sept 12 Brazilian and Australian sugar industry groups have joined forces and are working together with their respective governments to prepare a formal complaint to the World Trade Organization (WTO) over any possible sugar export subsidy by India, a top Brazilian sugar official told Reuters.

UPDATE 1-Banks see Brazil sugar sector shrinking on financial woes

Sep 04 2018

SAO PAULO, Sept 4 Investment banks operating in Brazil's agricultural sector see a potential contraction in the country's sugarcane processing industry as many companies fail to make enough money to pay bills and better capitalized groups are not willing to invest.

Castlelake considering Brazil sugar mills for acquisition: source

Sep 03 2018

SAO PAULO Castlelake LP, a U.S.-based investment fund, is planning to acquire stakes in distressed Brazilian sugar and ethanol companies, a source with direct knowledge of the plans said on Monday.

Coffee exporters struggle to find ships for Brazil bumper crop

Aug 23 2018

SAO PAULO/NEW YORK Brazilian coffee exporters are struggling to find shipping capacity to transport a bumper crop from the world's top producer, which could result in supply delays to roasters worldwide.

World News