Brazil Corn: Bids Rise Further
Bids for Brazil's Santos/Tubarao and Barcarena/Itaqui corn cargo markets rose on Friday, driven by a sudden influx of buyers ahead of the Carnaval holiday. Sellers, however, remain reluctant to negotiate, limiting the sustainability of higher prices. Farmers are curbing forward sales for the 2025‑26 second corn crop, the largest and most export‑focused season, as current prices stay low. Conab projects a bumper 109.3 million‑tonne harvest, which could pressure prices once harvesting begins in June.
Argentina's Drought Continues to Hit Corn, Soy
Argentina’s early‑February drought is already cutting corn and soybean yields, with Córdoba corn farmers reporting 10‑20 % losses and average yields falling to 6.4‑7 t/ha. In the core soy region, more than 500,000 t of soybeans are lost, pushing yields to about 3.8 t/ha....
US Climate Rollback Set to Raise Gasoline Prices
The EPA’s own analysis shows that eliminating federal greenhouse‑gas standards for cars could lift gasoline prices by up to 29% by 2050, adding roughly 75 cents per gallon in constant dollars. Over the 2026‑2055 horizon, consumers may face a net...
Carbon — In Focus: EU ETS in Political Crosshairs
Political scrutiny of the EU emissions trading system intensified in mid‑February, pushing the front‑year EU ETS contract down almost 6% on Feb 5 and a further 7% after German Chancellor Friedrich Merz’s comments. EU officials denied reports of extending free‑allowance allocations beyond...
Australia Should Have CBAM on some Commodities: Review
Australia’s latest carbon leakage review recommends a carbon border adjustment mechanism (CBAM), beginning with cement and clinker imports and potentially expanding to hydrogen, steel, ammonia and related products. The review, led by ANU professor Frank Jotzo, evaluated 75 trade‑exposed commodities...
BNP Election Win Could Reshape Bangladesh's Energy Mix
The Bangladesh Nationalist Party secured a decisive parliamentary majority, clearing the path for a sweeping overhaul of the nation’s energy strategy. Its manifesto pledges to lift renewable power to 20% of the mix by 2030, a dramatic rise from today’s...
Singapore Mulls Keeping Carbon Tax at Low End of Target
Singapore’s finance minister said the city‑state may keep its carbon tax near the low end of the $50‑80 per tonne range slated for 2030, after noting a slowdown in global climate momentum. The current levy sits at S$45 (~$35.60) per tonne, already...
US Aims to Process Critical Minerals in Brazil
The United States is actively negotiating with Brazil to develop processing capacity for heavy rare earths, leveraging financing from the Development Finance Corporation. Recent DFC investments have backed the Serra Verde and Aclara rare‑earth projects, which together aim to boost...
