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

A giant printer called the “Ferrari” of concrete has landed in Latin America and can already build a 120-square-meter house in just 48 hours, making the traditional construction site look like something from the last century.

Brazil will harvest a record crop of up to 357 million tons of grains, but it does not have the capacity to store a large part of it. The storage deficit has reached the highest level in history and is equivalent to almost the entire production of Argentina.

Four times faster than the Concorde, capable of taking passengers from New York to London in less than an hour at Mach 5.5, and with an engine that switches from turbojet to ramjet mid-flight at Mach 3.5, the Hermeus Quarterhorse went from paper to its first flight in just 19 months.

Under nearly 2 kilometers of ice in Antarctica, scientists have discovered an ancient landscape sculpted by rivers up to 60 million years ago, the size of Wales, preserved as a time capsule that could help predict the advance of ice towards the ocean.

She started by collecting oyster shells from restaurants and today she has already accumulated more than 10 tons to restore reefs, recover coastal habitats, and demonstrate how a common waste can become a tool for ocean conservation.

SpaceX will dock a $843 million vehicle to the International Space Station to push a nearly 420-ton laboratory against the atmosphere and make the debris fall in a controlled manner into the ocean.

For the economist José Kobori, the USA gained a trump card to “blackmail” Brazil and undermine China’s influence by classifying the PCC and Comando Vermelho as terrorists, increasing the power to pressure companies, banks, and even Pix.

BYD Atto 2 DM-i flex prepares to debut in Brazil with a plug-in hybrid engine, national assembly in Camaçari, competitive pricing, and targets Creta and T-Cross in a battle that promises to heat up the compact SUV market.

Processors can become 1,000 times faster with a new device that uses light pulses, operates in 40 picoseconds, and reduces the heat that stalls data centers.

Noise in the sky frightened residents: NASA confirms that a meteor exploded over New England with a force equivalent to 230 tons of TNT

The paycheck that seemed impossible: São José employee receives R$ 7.94 after legal strike, while deductions by the City Hall affect over a thousand employees and become a target of inquiry in the City Council.

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

Market Beyond Commodities

A giant printer called the “Ferrari” of concrete has landed in Latin America and can already build a 120-square-meter house in just 48 hours, making the traditional construction site look like something from the last century.

Brazil will harvest a record crop of up to 357 million tons of grains, but it does not have the capacity to store a large part of it. The storage deficit has reached the highest level in history and is equivalent to almost the entire production of Argentina.

Four times faster than the Concorde, capable of taking passengers from New York to London in less than an hour at Mach 5.5, and with an engine that switches from turbojet to ramjet mid-flight at Mach 3.5, the Hermeus Quarterhorse went from paper to its first flight in just 19 months.

Under nearly 2 kilometers of ice in Antarctica, scientists have discovered an ancient landscape sculpted by rivers up to 60 million years ago, the size of Wales, preserved as a time capsule that could help predict the advance of ice towards the ocean.

She started by collecting oyster shells from restaurants and today she has already accumulated more than 10 tons to restore reefs, recover coastal habitats, and demonstrate how a common waste can become a tool for ocean conservation.

SpaceX will dock a $843 million vehicle to the International Space Station to push a nearly 420-ton laboratory against the atmosphere and make the debris fall in a controlled manner into the ocean.

For the economist José Kobori, the USA gained a trump card to “blackmail” Brazil and undermine China’s influence by classifying the PCC and Comando Vermelho as terrorists, increasing the power to pressure companies, banks, and even Pix.

The labor shortage has changed its face in Brazil: companies hire 80% more, but workers stay only 6.8 months in the job, the service market becomes a “revolving door,” and businesses spend increasingly more to train teams that soon leave.

Chinese giant chooses SC to set up its first factory in Brazil, investing R$ 250 million and producing MRI machines costing R$ 10 million each, with 100 direct jobs and 5% of revenue allocated to research.

After selling a unit for R$ 115 million to pay off debts, a traditional factory in SC founded in 1932 has a new R$ 64.8 million plan denied by the court and retains about 690 workers in Joinville.

Use of slimming pens skyrockets in Brazil, surpasses the global average, and causes unexpected changes in consumption habits, diet, beauty, and the wellness market.

For the economist José Kobori, the USA gained a trump card to “blackmail” Brazil and undermine China’s influence by classifying the PCC and Comando Vermelho as terrorists, increasing the power to pressure companies, banks, and even Pix.

BYD Atto 2 DM-i flex prepares to debut in Brazil with a plug-in hybrid engine, national assembly in Camaçari, competitive pricing, and targets Creta and T-Cross in a battle that promises to heat up the compact SUV market.

Processors can become 1,000 times faster with a new device that uses light pulses, operates in 40 picoseconds, and reduces the heat that stalls data centers.

Noise in the sky frightened residents: NASA confirms that a meteor exploded over New England with a force equivalent to 230 tons of TNT

The paycheck that seemed impossible: São José employee receives R$ 7.94 after legal strike, while deductions by the City Hall affect over a thousand employees and become a target of inquiry in the City Council.