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☆ A groundbreaking new Ralph Lauren collection celebrates Indigenous design
▼ + stars: | 2023-12-05 | by ( Fawnia Soo Hoo | ) edition.cnn.com time to read: +9 min

In 2020, Ralph Lauren launched initiatives to expand its “collegiate sensibility,” which first resulted in a 2022 collaboration with Morehouse and Spelman Colleges incorporating the traditions and styles of historically Black colleges and universities. “Ralph Lauren has always been inspired by the people, art and cultures that make up America,” wrote David Lauren, son of founder Ralph and the company’s chief branding and innovation officer, in an email to CNN. Courtesy Ralph LaurenThe designer, activist and TikTok-famous skateboarder enthusiastically “reimagined” signature Ralph Lauren silhouettes, like the Great Ranch Coat, an outerwear piece she’d admired for years. “So it was just me, weaving exactly how they would, just true to their own style.”"Heritage and tradition are at the center of everything I love," said Ralph Lauren in a statement. Ryan RedCorn/Courtesy Ralph LaurenGlasses' collection features 32 pieces total, in colors "inspired by her homeland on Navajo Nation," the brand said.

Persons: Ralph Lauren’s, “ It’s, Ralph Lauren polos, nava, “, ”, Ralph Lauren, ’ ”, Ryan RedCorn, Ralph Lauren “, Tyler Sr, —, Gabriella Hearst, Jai Al, “ Ralph Lauren, David Lauren, Ralph, America —, Glasses, I’m, Ralph Lauren Glasses, Piki Wadsworth, Ralph Lauren flagships, Osage multihyphenate, ’, Daryn, “ Ryan, Ralph Lauren's, Ralph Lauren That’s, Phillip Bread, Mato Mayuhi, Tyler Organizations: CNN, New, Futures, Morehouse, Spelman Colleges Locations: Rock Point , Arizona, Navajo, New York City, Oxford, America, concho, Saltillo, White, Phoenix, lensed

A truck lines up to be loaded with soybeans in a farm in the city of Primavera do Leste in the central Brazilian state of Mato Grosso January 29, 2013. The crop-heavy northern section of Brazil’s top soy and corn state Mato Grosso experienced the driest October-November period in at least a quarter century. October-November precipitation in North Mato Grosso BrazilMato Grosso grows about 27% of Brazil’s soybeans and accounts for almost 30% of the country’s soybean export program, the world’s largest. The delay in the 2020-21 soybean crop reduced Mato Grosso’s second corn yields since it pushed the sensitive development period back into a historically drier time frame. Mato Grosso accounts for two-thirds of all Brazilian corn shipments.

Persons: Mato, Brazil Mato, Karen Braun Organizations: Mato Grosso, Brazil’s, European, Reuters, Thomson Locations: Primavera, Mato, NAPERVILLE , Illinois, Mato Grosso, Brazil

☆ Brazilian state launches mandatory tracking of cattle to stop deforestation
▼ + stars: | 2023-12-01 | by ( Ana Mano | ) www.reuters.com time to read: +2 min

[1/2] A herd of cattle is seen at the Marupiara ranch in the city of Tailandia in the state of Para, Brazil March 17, 2020. The state government established the program in a decree published on Monday and sets the target of individual tracking of all 24 million cattle in Para by December 2026. Cattle ranching in Brazil is linked to nearly 24% of global annual tropical deforestation and approximately 10% of total global greenhouse gas emissions, the conservancy said. Para has Brazil's second biggest cattle herd behind the west-central state of Mato Grosso, according to government data. "The absence of full traceability in Para undermined their ability to attract legitimate investment into this sector."

Persons: Pilar Olivares, Helder Barbalho, Jack Hurd, Ana Mano, Jake Spring, Jonathan Oatis Organizations: REUTERS, SAO PAULO, Nature Conservancy, conservancy, Para, Integrity, Tropical, Alliance, Thomson Locations: Tailandia, Para, Brazil, Mato Grosso, France, Spain, Norway, COP28

☆ Exclusive: World's top MDBs to launch debt-for-nature swap 'task force' - sources
▼ + stars: | 2023-11-30 | by ( Marc Jones | ) www.reuters.com time to read: +4 min

The task force creation is the most significant step so far in showing that the global club of multilateral lenders, which between them have trillions of dollars worth of firepower, will significantly ramp up their support for these deals. Four sources involved in the plans, which are expected to be announced at the COP summit's 'finance day' on Monday, say the group will formally be called the "Task Force on Sustainability-linked Sovereign Financing for Nature and Climate". It will initially be chaired by the Inter-American Development Bank (IDB) and U.S. government's Development Finance Institution (DFC), said three of the sources with direct knowledge of the matter. Both lenders have been involved in all the recent swaps which have also included Barbados and Gabon. At their simplest, the swaps work by buying up a country's bonds, often at a discount, and then replacing them with cheaper eco-labelled ones that come with the special MDB guarantees.

Persons: Chico Mendes, Amanda Perobelli, MDBs, Marc Jones, Christina Fincher Organizations: Chico, Chico Mendes Institute for Biodiversity Conservation, Institute for, Environment, Resources, REUTERS, Reuters, Force, Sustainability, Nature, Inter, American Development Bank, government's Development Finance, World Bank, European Investment Bank, Development Bank, Asian Development Bank, ADB, Infrastructure Development Bank, Reuters Graphics, Conservancy, Thomson Locations: Pocone, Mato Grosso, Brazil, Belize, Barbados, Gabon, Beijing, U.S, Sri Lanka, Zambia, Kenya, Tanzania, Colombia, Ecuador

☆ Global watchdog proposes detailed climate disclosures from banks
▼ + stars: | 2023-11-29 | by ( Huw Jones | ) www.reuters.com time to read: +2 min

The Basel Committee of banking regulators from G20 and other economies proposed climate-related disclosures by banks to make it easier for investors to also compare climate exposures at lenders, and ensure banks hold enough capital to remain stable. The proposals provide more detailed banking sector climate-related disclosures to supplement broader corporate disclosures agreed at the global level by the International Sustainability Standards Board. Not all countries will apply ISSB disclosures, however, and it is unclear how Basel's disclosures would dovetail with corporate climate disclosures the European Union has finalised. Draft U.S. corporate climate disclosures from the Securities and Exchange Commission face heavy pushback from companies which want to ditch the inclusion of so-called Scope 3 greenhouse gas emissions produced by a company's customers. "For banks, financed emissions are often the most significant part of their total GHG emissions."

Persons: Amanda Perobelli, Huw Jones, Tomasz Janowski Organizations: Committee, International Sustainability, Union, Securities and Exchange Commission, Thomson Locations: Amazonia, Nova Xavantina, Mato Grosso, Brazil, Basel

Here's a rough guide to the jargon being used in Dubai at COP28, this year's United Nations climate change conference. The term "climate change" is used more broadly to describe global warming and its consequences, including variable weather extremes. GHGs include a myriad of gases, but the most impactful — methane and carbon dioxide — are also referred to as "carbon emissions" because both molecules contain carbon. The world's excess carbon emissions come mostly from the burning of fossil fuels and other industrial activities. UNFCCC - The United Nations Framework Convention on Climate Change is the treaty adopted in 1992 agreeing to halt climate change.

Persons: Amanda Perobelli, COP21, NDCs, Gloria Dickie, Katy Daigle, Rod Nickel, Aurora Ellis Organizations: United Nations, Paris, Thomson Locations: Amazonia, Nova Xavantina, Mato Grosso, Brazil, Dubai, COP28, United Nations, China, PARIS, Paris, Glasgow, COP27, London

The Vegetation Health Index (VHI), a U.S. government product, suggests vegetation in Mato Grosso may be in the worst state since 2015, which preceded one of the state’s worst growing seasons. The other comparable one was in 2020, though the following soybean crop was normal. Soils in Mato Grosso lack in nutrients and quality as compared with the best U.S. The state is expected to grow 27% and 38% of Brazil’s total 2023-24 soy and corn crops, respectively. Nationally, Brazil’s soybean planting was 68% as of last Thursday, the lowest rate since 2019-20 and behind the year-ago 80%.

Persons: Rio, Mato Grosso, Karen Braun, Matthew Lewis Organizations: Lucas, El Nino, Reuters, Thomson Locations: Mato Grosso, Brazil, NAPERVILLE , Illinois, Mato, U.S, Mato Grosso’s

☆ Morocco win but other heavyweights humbled in World Cup qualifiers
▼ + stars: | 2023-11-21 | by ( Mark Gleeson | ) www.reuters.com time to read: +3 min

CAPE TOWN, Nov 21 (Reuters) - Ghana and South Africa both suffered embarrassing defeats in World Cup qualification on Tuesday while top contenders Cameroon, Guinea, Senegal and Zambia also found it tough on the road as they all dropped points. On a busy day of 15 matches across the continent, there were also wins for Burkina Faso, the Cape Verde Islands, Morocco, Namibia, Tunisia and Uganda. But it was the Comoros, with a population of around a million, and Rwanda, ranked 140 in world football, who tore up the form book in beating Ghana and South Africa respectively. It was Rwanda’s first victory in their last 11 home matches and took them top of Group C, where they lead not only South Africa but also Nigeria and Zimbabwe. The next round of African qualifiers will be played in June, with the continent now turning its focus to January’s Cup of Nations finals in the Ivory Coast.

Persons: Moroni, Myziane Maolida, Innocent Nshuti, Gilbert Mugisha, Patson Daka, Hakim Ziyech, Bertrand Traore, Dango Ouattara, Tunisia’s, Youssef Msakni, Mark Gleeson, Toby Davis Organizations: Cameroon, Burkina, Ocean, African, Nations, Rogers Mato, Cape Verde Islands, Niger, Ethiopia, Malawi, Sao Tome, Thomson Locations: CAPE, Ghana, South Africa, Guinea, Senegal, Zambia, Burkina Faso, Cape Verde Islands, Morocco, Namibia, Tunisia, Uganda, Comoros, Rwanda, Cameroon, Africa, Butare, Nigeria, Zimbabwe, Togo, Botswana, Somalia, Libya, Mauritius, Angola, Cape, Eswatini, Qatar, Tanzania, Dar, Lilongwe, Sao Tome e Principe, Ivory Coast, Cape Town

Money managers through Nov. 14 expanded their net long in CBOT soybean meal futures and options to 131,404 contracts from 111,987 a week earlier, also on new longs. January meal futures surged 21% during those five weeks and nearly 4% in the most recent week, reaching their highest ever levels for the date. The pre-2023 record open interest in meal futures and options was 594,016 contracts set in mid-2018 after drought significantly cut down top meal exporter Argentina’s soybean crop. March CBOT wheat futures rose fractionally during the week, and funds trimmed nearly 3,000 contracts from their huge net short, resulting in 89,271 futures and options contracts. wheat, funds have been very heavy sellers of spring wheat futures since late July.

Persons: Gustavo Bonato, Soyoil, Karen Braun, Diane Craft Organizations: REUTERS, Rights, Reuters, Thomson Locations: Campo Verde, Mato Grosso, Brazil, Rights NAPERVILLE , Illinois, United States, U.S, Kansas City, Minneapolis

The Pantanal holds thousands of plant and animal species, including 159 mammals, and it abounds with jaguars, according to the World Wildlife Fund. In the dry season, wildlife enthusiasts flock to see the normally furtive jaguars lounging on riverbanks, along with macaws, caimans and capybaras. Political Cartoons View All 1256 ImagesMuch of the Encontro das Aguas (Meeting of the Waters) park, located at the border of Mato Grosso and Mato Grosso do Sul states — known for its large jaguar population — had turned from emerald green to dark brown. “This is so atypical,” said Renata Libonati, who coordinates the Federal University of Rio de Janeiro's alert system for fires in the Pantanal. The neighboring state of Mato Grosso said it had also strengthened its workforce, with about 200 federal and state firefighters on the ground.

Persons: —, they’ll, Leonisio da Silva, ”, Renata Libonati, ” Libonati, Angelo Rabelo, Mato Grosso, Enderson Barreto, “, ” Barreto, Barreto Organizations: — Firefighters, Facebook, Federal University of Rio, Brazil’s National Institute for Space Research, World Wildlife Fund, Mato Grosso, Associated Press, ” Jaguars, Firefighters, El, Environment, Federal Highway Police, Waters, ” Locations: POCONE, BRAZIL, Brazil's, Federal University of Rio de Janeiro, Waters, Mato Grosso, Mato, Sul, Brazil, Porto Jofre

[1/2] A logo of Brazil's state-run Petrobras oil company is seen at their headquarters in Rio de Janeiro, Brazil October 16, 2019. Lula told Prates that Petrobras should commission 25 ships to be built in Brazilian shipyards, instead of the four currently planned. When asked for comment, Petrobras referred Reuters to a Nov. 8 statement, in which it said it is still finalizing its investment plan. Last week, Reuters reported that Petrobras' plan will include around $100 billion in investments that the firm is both analyzing and those it has already committed to. In the previous 2023-2027 plan, Petrobras projected $78 billion in investments.

Persons: Sergio Moraes, Luiz Inacio Lula da Silva, Jean Paul Prates, Prates, Lula, Brazil's, Sabrina Valle, Lisandra Paraguassu, Rodrigo Viga Gaier, Marta Nogueira, Fabio Teixeira, Roberto Samora, Gabriel Stargardter, Marguerita Choy Organizations: REUTERS, HOUSTON, RIO DE, Petrobras, PETR4, Reuters, Thomson Locations: Rio de Janeiro, Brazil, BRASILIA, RIO, RIO DE JANEIRO, Brasilia, Mato Grosso, Sul, Petrobras

☆ Fires in Brazil's Pantanal wetland surge to November record on lack of rain
▼ + stars: | 2023-11-15 | by ( ) www.reuters.com time to read: +2 min

[1/2] An aerial view shows burnt trees near a river in The Pantanal, the world's largest wetland, in Pocone, Mato Grosso state, Brazil, August 28, 2020. The 2,387 fires recorded by Inpe in early November is already more than double October's figure and more than half of the total fires seen this year so far. Fires have more than tripled in the Pantanal compared with 2022, which was mild compared with the two previous years. Weather experts point to the El Nino phenomenon, aggravated by climate change, as being behind the sharp increase in fires. "There was sporadic rainfall at the end of October, but two or three days after it stopped, the fires came back," he added.

Persons: Amanda Perobelli, Inpe, El, Vinicius Silgueiro, Silgueiro, Lisandra Paraguassu, Gerry Doyle Organizations: REUTERS, Rights, Centro de Vida Institute, El Nino, Thomson Locations: Pocone, Mato Grosso, Brazil, Rights BRASILIA, Brazil's Pantanal

RIO DE JANEIRO (AP) — It’s still spring in Brazil, but a dangerous heat wave is sweeping across large swathes of the country, forcing Rio de Janeiro’s vendors off the streets due to health alerts and driving up energy demand amid reports of power outages. Most Brazilian states face “great danger” from the heat, according to the National Institute of Meteorology. Actual temperatures dropped slightly on Wednesday, but were forecast to rise again to 40 degrees Celsius (104 F) on Thursday. In Sao Paulo, temperatures reached 37.7 degrees Celsius (99.9 F), just short of a record, according to meteorology company MetSul. In Brazil, El Niño has historically caused droughts in the north and intense rainfall in the south, Ferreira said.

Persons: — It’s, Cariocas, Núbia Beray, “ Cariocas, ” Beray, Danielle Ferreira, ” Ferreira, El Niño, Ferreira, hydrologist Javier Tomasella, ” Tomasella Organizations: RIO DE, Rio de, National Institute of Meteorology, Mato Grosso, Federal University of Rio, National Institute for Space Research Locations: RIO DE JANEIRO, Brazil, Rio, Rio de Janeiro, Rio’s, Sao Paulo, Mato Grosso, Sul, Portuguese, Mato, Cyprus, Federal University of Rio de Janeiro, South America, Equatorial Pacific, Inmet, El, Rio Grande do Sul, Bahia

The trade’s idea of corn yield lines up with past similar years. Other than 2023, the last three times that soybean yields fell in August, September and October were 2008, 2003 and 1999. Crop Watch results generally support these predictions since the 11-field soybean yield ended up close to the season’s lowest score while corn yields bounced a bit at the end. It has been 15 years since the agency lowered Brazil’s soy crop between October and November. 2024Without severe crop losses in Brazil’s soy or corn this year, U.S. supplies, especially corn, could balloon in 2024-25.

Persons: USDA’s, Karen Braun, Matthew Lewis Organizations: U.S . Department of Agriculture, South, Reuters, SOUTH AMERICA, Consultancy, USDA, Thomson Locations: NAPERVILLE , Illinois, U.S, USDA, Mato Grosso, Argentina

Unusually hot and dry weather in Mato Grosso has caught traders’ attention. October weather in North Mato Grosso BrazilIn Brazil’s southern state of Parana, October rainfall totaled around 350 mm (13.8 inches), the most for any month in at least 25 years. It is unhelpful in this analysis that there have not been many stronger El Ninos in recent years for comparison. Soy yield was 13% below trend that year, but otherwise, soy yields rarely miss in Mato Grosso, making it difficult to detect an impending disaster. In the south, Parana’s rainiest soy-growing seasons have most often coincided with El Ninos, but actual yield outcomes are mixed.

Persons: El Nino, Mato Grosso’s, Mato, La Nina, El, Karen Braun, Rod Nickel Organizations: Mato Grosso, Farmers, El Ninos, El Nino, Iowa, La, El, Reuters, Thomson Locations: Primavera, Mato, NAPERVILLE , Illinois, Brazil, Mato Grosso, North Mato, Brazil’s, Parana, U.S, Southern, Argentina

REUTERS/Bruno Kelly/File Photo Acquire Licensing RightsSAO PAULO, Oct 18 (Reuters) - Severe drought in the Amazon is forcing Brazilian grain exporters to divert a small number of export cargos to southern port terminals instead of northern ports, grain exporters group Anec said on Wednesday. Brazil is the world's biggest soybean exporter and expected to overtake the U.S. this year as top corn exporter. The drought, which has limited volumes of grain transported on barges via northern ports in recent days, will not impact Brazilian overall grain exports this year, Anec said. Anec is maintaining projections for record 2023 Brazilian soy exports at 99 million metric tons, and record corn exports between 52 million and 53 million tons, Mendes said. From January to August, 44% of Brazil's corn exports went through four main northern ports including Barcarena, Itaqui, Itacoatiara and Santarem, according to crop agency Conab, while some 31% of corn shipments from Brazil left through Santos.

Persons: Bruno Kelly, Anec, Sergio Mendes, Mendes, Ana Mano, Rod Nickel Organizations: REUTERS, SAO PAULO, ADM, Cargill, Thomson Locations: Rio Negro, Manaus, Brazil, China, Santos, Mato Grosso, Itacoatiara, Santarem

Although China’s interest has declined, other U.S. corn export demand has been better than a year ago. USDA predicts 2023-24 U.S. corn exports to rise 23% on the year to 52.1 million tons (2.05 billion bushels). Total U.S. corn export sales for 2023-24 minus those to China are almost 40% higher than at the same point a year ago. Corn sales were closer to average over that same time frame, but both corn and soy are being limited by Brazil’s rising presence. Brazilian corn and soybean exportsIn the first eight months of 2023, some 18% of Brazil’s corn exports went to China compared with none in the previous years.

Persons: Rio, corn’s, Karen Braun, Rod Nickel Organizations: Lucas, U.S . Department of Agriculture, U.S, USDA, Reuters, Thomson Locations: Mato Grosso, Brazil, NAPERVILLE , Illinois, China, U.S, Mexico, United States

☆ Argentina police shut down Nazi and antisemitic bookseller
▼ + stars: | 2023-09-13 | by ( ) www.reuters.com time to read: +2 min

The Libreria Argentina establishment sold books with images of swastikas, iron crosses and the imperial eagle of the National Socialist German Workers' Party, commonly known as the Nazi party, as well as Nazi propaganda texts. Police arrested one person during the raids in the San Isidro district, located in the outskirts of Buenos Aires. After the war, many Nazi officials including death camp supervisor Adolf Eichmann also emigrated to Argentina to avoid trials for war crimes. Several anti-Semitic groups emerged in the following decades and in 1994 the AMIA Jewish community center in Buenos Aires was bombed, killing 85 people and wounding hundreds. Reporting by Miguel Lo Bianco; Writing by Valentine Hilaire; Editing by Josie KaoOur Standards: The Thomson Reuters Trust Principles.

Persons: Victor Garelik, Osvaldo Mato, Marcos Cohen, Adolf Eichmann, Miguel Lo Bianco, Valentine Hilaire, Josie Kao Organizations: Argentine, Argentina's, Investigation Unit Department, National Socialist German Workers ' Party, Nazi, Delegation, Argentine Israelite Associations, Police, San, Thomson Locations: BUENOS AIRES, Buenos Aires, Libreria Argentina, San Isidro, Argentina, Latin America, Spain, Eastern Europe

Speculators responded by boosting their bullish Chicago soybean bets, which they have held for more than three years, and easing bearishness in corn futures. Most-active CBOT corn futures rose 1.5% during the period but stayed below $5 per bushel throughout. Last week’s rise in oilseed optimism extended to the soy products, as CBOT soybean meal futures increased more than 4% and soybean oil added 2.5%. Managed money net position in CBOT soybean futures and optionsMost-active CBOT wheat futures lost more than 4% in the week ended Aug. 29. Corn futures dropped 1.1% over the last three sessions, soybeans lost 1.7%, soymeal lost 3% and soyoil was mostly unchanged.

Persons: Lucas Jackson, soymeal, soyoil, Karen Braun, Jonathan Oatis Organizations: REUTERS, Rights, Funds, U.S . Department of Agriculture, Reuters, Thomson Locations: Dixon , Nebraska, U.S, Rights NAPERVILLE , Illinois, Chicago, Russia, Turkey, Brazil, Mato Grosso

☆ Brazil clears bottlenecks to oust US as top corn exporter
▼ + stars: | 2023-08-24 | by ( Ana Mano | ) www.reuters.com time to read: +7 min

"We celebrated a lot... when (corn export) volumes via northern ports equaled Santos," said Sergio Mendes, head of Brazilian grain exporter group Anec. "By using northern ports... you are saving 20 reais ($4.12) per ton (of corn)." Treemap with data from Cargonave show the percentage share of corn exports of Brazil ports in north and south part of the country. CHEAPER ROUTE TO CHINAThe new export capacity has helped grains shipped from Brazil's northern ports to compete on logistics costs with U.S. farmers. "The greater share of shipments through northern ports reflects cheaper freight costs compared to routes to the ports in the south and southeast," said Thome Guth, a Conab official.

Persons: Adriano Machado, Sergio Mendes, Louis Dreyfus, Brazil's, Thiago Pera, Santos, ", Thome Guth, Ana Mano, Brad Haynes, Marguerita Choy Organizations: REUTERS, SAO PAULO, China, U.S, Cargill, Bunge, Louis Dreyfus Commodities, TCU, Shipping, U.S . Department of Agriculture, COFCO, Santos, Thomson Locations: Brasilia, Brazil, Santos, Ukraine, China, U.S, Northern, Madeira, Santarem, Barcarena, Itaqui, Canada, Argentina, Mato Grosso, CHINA, Iowa, Shanghai, Itacoatiara, Chicago, Para, Norte Sul, Tocantins, Goias, Minas Gerais, Mato

☆ Planning to Visit Barcelona or Dubrovnik? It’s Going to Cost You.
▼ + stars: | 2023-08-01 | by ( Paige Mcclanahan | ) www.nytimes.com time to read: +1 min

“It’s part of this zeitgeist that we need to be more conscious and take better care of our local environment,” Mr. Hansen said. In line with that trend, some European destinations that have long imposed tourism taxes have begun to increase their rates or impose additional levies. Last year, the Barcelona City Council began imposing a “city surcharge” on visitors, over and above the accommodation tax (from €1 to €3.50 per night), which the government of Catalonia established in 2012. It’s a similar story in the Croatian city of Dubrovnik — which, according to one index, had the highest ratio of tourists to residents of any European city in 2019. The mayor described the cruise tax as “a win-win.”

Persons: “, Mr, Hansen, Jordi Valls, Mato Frankovic, ’, Frankovic, ” Organizations: Barcelona City Council, City Locations: Barcelona, Catalonia, Croatian, Dubrovnik, Mato

☆ Brazilian union sues JBS over alleged exploitation of chicken workers
▼ + stars: | 2023-07-14 | by ( Ana Mano | ) www.reuters.com time to read: +2 min

Their shifts lasted up to 14 hours including the journey to and from the hen houses, said union leader Sergio Bolzan in a telephone interview. JBS is a primary defendant and four outsourcing companies are co-defendants in the suit, documents show. The suit claims workers did not get enough rest time, were not fully paid upon dismissal and did not get extra pay for performing hazardous work. Bolzan said evidence of alleged exploitation surfaced in April when he paid a surprise visit to where some catchers were being housed to document the conditions. Bolzan shared his concerns with labor prosecutors, who confirmed preliminary investigations into the matter, including whether catchers were employed "off the books."

Persons: Sergio Bolzan, JBS, Bolzan, Ana Mano, Brad Haynes, Mark Potter Organizations: SAO PAULO, JBS SA, Thomson Locations: Sidrolandia, Mato Grosso, Sul

☆ Neo-Nazi groups multiply in a more conservative Brazil
▼ + stars: | 2023-06-13 | by ( Steven Grattan | ) www.reuters.com time to read: +6 min

[1/5] Items seized from a neo-Nazi group who call themselves Crew 38 are displayed in Florianopolis, Santa Catarina state, Brazil April 24, 2023. "Santa Catarina is a land of WHITE PEOPLE, FOR WHITE PEOPLE," the anonymous sender wrote, signing off with the Nazi salute "SIEG HEIL." Researchers at Sao Paulo state's Unicamp university have tracked a more than 10-fold rise in the number of neo-Nazi cells in Brazil since 2015. SOUTHERN HATEThe problem of neo-Nazism is particularly acute in Santa Catarina, a state where many have German and Italian ancestry. The state has the largest proportion of white residents in Brazil, with 84% declaring as white in the last census.

Persons: Cristiano Estrela, Andrea Muller, Jair Bolsonaro's, Adolf Hitler, Bolsonaro, Flavio Dino, CONIB, Guilherme Franco de Andrade, Bolsonaro's, Arthur Lopes, Lopes, Luis Eduardo de Quadros, de Almeida, Steven Grattan, Gabriel Stargardter, Deepa Babington Organizations: Nazi, REUTERS, Reuters, Reuters Graphics, Federal Police, Nazism, Santa, Brazil's, Sao Paulo state's Unicamp, Federal University of Mato, Blacks, Haitian, Thomson Locations: Florianopolis, Santa Catarina state, Brazil, Itajai, Santa Catarina, Haiti, Nazi, Federal University of Mato Grosso, Sul, U.S, United States, Europe

Production had never exceeded 100 million prior to 2017, though USDA sees the 2024 crop jumping to another new high of 163 million tonnes. Current economics suggest 2024 soybean profitability in Brazil could return to the lower levels of the late 2010s, when the average yearly area expansion was below 3%. Brazilian farmers have been slow to sell the 2023 soy crop amid easing prices, and 2024 may be less exciting. China’s soybean consumption had been rising more than 8% per year in the mid-2010s. Chinese soybean demand: consumption and importsKaren Braun is a market analyst for Reuters.

Persons: Mato, Karen Braun, Matthew Lewis Organizations: U.S . Department of Agriculture, USDA, Reuters, Thomson Locations: NAPERVILLE , Illinois, China, Americas, Brazil, BRAZIL, United States, Argentina, CHINA

As of Wednesday, CBOT soy futures had closed lower for six consecutive sessions, losing a total of 5%. Most-active CBOT soybean futuresHistorically low port premiums for Brazilian soybeans have weighed heavily on prices since they suggest supplies are currently outpacing demand. Within the last few days, CBOT soybean futures began trading at the lowest levels for the date in three years, something that was last applicable in 2020. Brazilian agency Conab sees Brazil’s total corn crop near a record 125 million tonnes versus last year’s high of 113 million. Brazil’s second corn crop is seen topping 95 million tonnes this year, a mark the country’s total corn crop first achieved in 2016-17.

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