Climate shocks in Brazil soar raw materials in Mexico
Brazil
Published Aug 21, 2021
Tridge summary
EMIKO TERAZONO AND MICHAEL POOLER. DAILY MILLENNIUM The worst drought in a century plus a streak of low temperatures raised coffee and sugar rates; La Niña phenomenon, a threat, experts say In the mountainous town of Caconde in the state of Sao Paulo, third-generation coffee producer Ademar Pereira, 44, estimates that half of this crop will be lost. year because many of the shrubs on his family's modest plantation succumbed to the cold.
Original content
EMIKO TERAZONO AND MICHAEL POOLER. DAILY MILLENNIUM The worst drought in a century plus a streak of low temperatures raised coffee and sugar rates; La Niña phenomenon a threat, experts say In the mountainous town of Caconde in the state of Sao Paulo, third-generation coffee producer Ademar Pereira, 44, estimates that half of this year's harvest will be lost because many of the shrubs on the modest plantation of his family succumbed to the cold. “It was already going to be a very small harvest. And with the frosts, that got worse. There are many people who lost everything, "he said. Brazil is an agricultural powerhouse and one of the main exporters of raw materials such as corn, sugar, orange juice and meat, but this year's climatic disruptions caused the prices of coffee and sugar to skyrocket in international markets, at the same time that gave optimistic corn marketers more fuel. "Brazil is such a large exporter, especially of coffee and sugar, that what happens in the country ...
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