Southern Crop

Southern Crop

Brazil Strike Impacts Global Commodity Trade

An eight-day-old strike by Brazilian truck drivers is beginning to affect global commodity markets as soybean traders delay shipments and the country’s vast sugar industry shuts down more of its processing plants.

 

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Bayer profit stokes concern

Overall, earnings before interest, taxes, depreciation and amortization, and excluding some costs, rose 6 percent to 2.68 billion euros ($2.92 billion) last quarter, the Leverkusen, Germany-based company said in a statement. Read more

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