Food Commodities Are Rising, Investments in Minerals and Oil Are Falling

Written by Daiane Souza

Published on 02/11/2021 at 10:30

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Commodities refer to strategic investments in goods and materials that we use in our daily lives. Many are geared towards the food sector, while others are aimed at the oil and mining industries. They are responsible for determining prices in dollars on a global scale and thus create a common trade. Since last Monday (01), food-related commodities have seen increases of nearly 1%, as is the case with wheat. Cocoa is among the most devalued items, losing up to 25% of its value during this time.


Wheat	Dec 21	804.25	807.75	794.10	+7.25	+0.91%	10:08:15
Paddy Rice	Jan 22	13.520	13.540	13.473	+0.017	+0.13%	01/11
Corn	Dec 21	581.75	582.90	575.88	+2.75	+0.47%	10:03:37
	Jan 22	1,254.50	1,257.00	1,243.25	+6.50	+0.52%	10:02:39
Soybean Oil	Dec 21	62.02	62.30	61.41	+0.05	+0.08%	10:14:24
US Soybean Meal	Dec 21	331.40	332.35	328.85	+2.30	+0.70%	10:01:58

Despite most minerals and other points like fuels being in decline, reaching up to 0.98%, tin has a variation of nearly 47%. Diesel and gasoline, respectively, follow the downward trend of Oil. Despite the slight dip this week, oil is at its highest value in the last two years, costing more than R$ 477 per barrel at US$ 80. In March 2020, the average price of the barrel was falling by nearly 50% to US$ 22.

The mineral market has been facing production and distribution problems, especially in countries like China. The price increase in 2020 reached 5%. In Brazil, a bar of iron went from R$ 20 to R$ 60 due to external factors and difficulties with mining. The sector’s decline in October exceeded the respective decline of 2017 in the international market.

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Market Beyond Commodities

Besides commodities, shares of major banks are also rising this week: Inter saw an increase of over 19% last Monday (01) after news broke that Nubank would be entering the stock market with an average price of US$ 11 per share. The aim of the institution is to raise over US$ 3 billion in IPOs to invest in international growth. Itaú, which released profit data for this quarter, grew over 2.3% compared to the same period last year, with a share value increase of 3.98%.

Bradesco reported a 3.47% increase, with a profit of R$ 6.469 billion in the quarter, referencing around 2.38% compared to the same period last year, in 2020. Despite being a traditional institution, the bank has been losing significant market share to other institutions that offer the possibility of a free and fully digital account.


Heating Oil	Dec 21	2.4730	2.5194	2.4636	-0.0301	-1.20%	10:20:28
RBOB Gasoline	Dec 21	2.3981	2.4297	2.3861	-0.0112	-0.46%	10:20:26
London Diesel	Nov 21	717.13	731.25	714.13	-7.12	-0.98%	10:20:26
Aluminum		2,710.00	2,745.50	2,661.75	-9.50	-0.35%	10:20:28
Zinc		3,337.75	3,377.00	3,307.50	-19.75	-0.59%	10:20:28
Lead		2,381.00	2,396.25	2,362.25	+2.00	+0.08%	10:19:41
Nickel		19,662.50	19,790.00	19,222.50	-39.50	-0.20%	10:20:28
London Copper		9,552.00	9,618.25	9,430.00	-3.00	-0.03%	10:20:28

Food Commodities Are Rising, Investments in Minerals and Oil Are Falling

Market Beyond Commodities

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Food Commodities Are Rising, Investments in Minerals and Oil Are Falling

Market Beyond Commodities

Where there was only sand and wind at 40 degrees, China built a megacity of 500,000 inhabitants with farms, wineries, and universities in the middle of the desert using melted glacier water from hundreds of kilometers away.

At over 8,800 meters above sea level, the summit of Mount Everest is made up of rocks that originated at the bottom of an ocean about 500 million years ago and were pushed to the highest point on Earth by the collision of tectonic plates.

What seemed like waste has turned into a barrier, and now human hair collected from salons helps retain debris in the water of ancestral channels in Latin America.

Health issues urgent alert for flu and calls for the vaccination of the elderly, children, and pregnant women this Saturday with Day D and drive-thru in Curitiba.

The radio has been in more than half of Brazilian households for decades, and in 2024, for the first time in history, the number of households without a device surpassed those with a device, with a decrease of 2.3 million in just one year.

China banned the export of 22 tons of meat from Argentina.

The government requests the Federal Revenue Service for a new system to automate the income tax declaration, reducing errors, time, and bureaucracy for millions of Brazilians.

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Motorola launched the Signature with a gold seal from DxOMark, tying with the iPhone 17 Pro in camera performance, Snapdragon 8 Gen 5 that surpassed 3 million in benchmarks, and a zoom that impresses even at night.

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