IBOV 173,871.39 ▼ 1.22% IPSA 10,947.38 ▼ 0.70% IPC MEX 66,409.65 ▼ 0.18% MERVAL 3,249,524 ▼ 1.27% COLCAP 2,268.93 ▼ 1.01% BVL PERÚ 57,112.22 — — USD/BRL5.10▲ 0.49% USD/MXN17.43▲ 0.24% USD/CLP927.20▲ 0.13% USD/COP3,214▼ 1.41% USD/PEN3.39▲ 0.21% USD/ARS1,475▼ 0.10% USD/UYU40.18▲ 1.21% USD/PYG6,030▲ 1.35% USD/BOB10.63▲ 3.73% USD/DOP58.14▼ 0.19% USD/CRC447.87▲ 1.07% USD/GTQ7.62▲ 2.25% USD/HNL26.73▲ 0.09% USD/NIO36.62▲ 0.34% USD/VES725.63▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.49▲ 0.31% USD/TTD6.75▲ 1.34% EUR/BRL5.84▲ 0.55% BRENT 85.40 ▲ 0.53% WTI 80.07 ▲ 0.59% IRON ORE 161.91 — — COPPER 6.36 ▲ 1.02% GOLD 4,003 ▼ 1.02% SILVER 56.34 ▼ 1.36% SOY 1,204 ▲ 0.17% CORN 467.50 ▲ 4.47% WHEAT 683.00 ▲ 0.81% COFFEE 315.25 ▼ 5.74% SUGAR 14.45 ▼ 2.69% ORANGE JUICE 135.90 ▼ 2.12% COTTON 79.83 ▼ 0.91% COCOA 5,590 ▼ 2.56% BEEF 224.13 ▼ 2.61% CATTLE 346.83 ▼ 0.89% LITHIUM 69.36 ▼ 2.39% PETR4 40.68 ▲ 0.22% VALE3 73.09 ▼ 1.91% ITUB4 42.64 ▼ 1.16% BBDC4 18.33 ▼ 1.45% ABEV3 15.64 ▲ 0.45% BBAS3 20.62 ▲ 0.34% B3SA3 15.42 ▼ 1.72% WEGE3 44.04 ▼ 0.50% PRIO3 57.57 ▲ 0.12% SUZB3 41.88 ▲ 0.96% RENT3 39.57 ▼ 1.93% AZZA3 18.52 ▼ 0.75% CSAN3 3.88 ▼ 1.27% RAIZ4 0.29 — 0.00% PCAR3 2.65 ▲ 1.15% GMAT3 3.91 ▼ 1.76% PSSA3 54.99 ▼ 0.42% CVCB3 1.36 ▲ 1.49% POSI3 3.85 ▼ 2.53% SLCE3 13.64 ▲ 1.04% NATU3 8.63 ▼ 0.46% BRKM5 6.26 ▼ 2.34% RANI3 8.01 ▲ 0.38% CSNA3 5.17 ▼ 1.34% CMIN3 5.42 ▲ 3.44% USIM5 8.22 ▲ 0.24% GGBR4 24.26 ▲ 0.25% ENEV3 26.30 ▼ 2.41% CPFE3 46.77 ▼ 0.13% CMIG4 11.05 ▼ 0.90% EQTL3 39.80 ▼ 1.31% LREN3 13.80 ▼ 2.13% VIVT3 35.50 ▲ 0.08% RAIL3 13.95 ▼ 0.85% KLABIN 17.46 ▲ 0.40% RAIA DROGASIL 18.71 ▲ 0.21% RDOR3 35.74 ▼ 0.75% HAPV3 10.89 ▼ 0.91% FLRY3 16.42 ▼ 0.55% SMTO3 15.64 ▲ 0.71% UGPA3 31.71 ▲ 1.96% VBBR3 34.18 ▲ 1.27% BBSE3 41.09 ▲ 0.93% BPAC11 56.57 ▼ 0.82% CURY3 31.96 ▼ 2.35% AERI3 2.02 — 0.00% VIVARA 23.33 ▼ 0.81% COMPASS 25.00 ▼ 0.44% VAMOS 3.14 ▲ 0.64% SANB11 26.81 ▼ 0.70% ASAI3 8.60 ▼ 0.69% SBSP3 29.56 ▼ 1.40% WALMEX 49.64 ▼ 0.12% GMEXICO 200.21 — 0.00% FEMSA 225.88 ▲ 1.33% CEMEX 22.88 ▲ 1.15% GFNORTE 180.66 ▼ 1.53% BIMBO 58.69 ▲ 2.03% TELEVISA 9.54 ▼ 0.21% AMX 22.81 ▲ 0.04% GAP 392.97 ▼ 1.03% ASUR 280.68 ▼ 0.98% OMA 233.57 ▼ 0.69% KOF 179.46 ▲ 1.41% GRUMA 283.38 ▲ 0.73% KIMBER 38.69 ▲ 0.08% SQM-B 66,050 ▼ 2.72% COPEC 6,126 ▼ 1.35% BSANTANDER 78.16 ▼ 0.61% FALABELLA 5,853 ▼ 0.37% ENELAM 84.80 ▼ 1.11% CENCOSUD 2,005 ▼ 1.72% CMPC 1,074 ▼ 2.63% BANCO CHILE 188.88 ▼ 0.33% LATAM AIR 25.40 ▲ 2.01% YPF 78,775 ▲ 0.29% GGAL 8,030 ▼ 2.13% PAMPA 5,160 ▼ 1.53% TXAR 666.00 ▼ 0.75% ALUAR 952.00 ▼ 0.78% TGS 9,615 ▼ 1.38% CEPU 2,303 ▼ 1.75% MIRGOR 16,600 ▼ 2.21% COME 45.30 ▼ 0.72% LOMA NEGRA 3,600 ▼ 0.35% BYMA 303.25 ▼ 0.25% TELECOM ARG 4,255 ▼ 1.39% ECOPETROL 15.77 ▼ 1.31% BANCOLOMBIA 79.70 ▼ 2.27% GRUPO AVAL 5.01 ▼ 0.40% CREDICORP 392.98 ▼ 1.31% SOUTHERN COPPER 178.49 ▼ 1.68% BUENAVENTURA 30.22 ▼ 1.60% MERCADOLIBRE 1,849 ▲ 0.32% NUBANK 13.74 ▼ 1.04% XP 16.60 ▼ 1.63% PAGSEGURO 9.17 ▼ 0.43% STONE 11.23 ▼ 0.49% GLOBANT 31.56 ▼ 1.33% TECNOGLASS 47.16 ▲ 3.26% GAP AIRPORT 225.64 ▼ 0.95% ASUR 280.68 ▼ 0.98% OMA AIRPORT 107.82 ▼ 0.07% AMX ADR 26.15 ▲ 0.13% FEMSA ADR 129.85 ▲ 0.84% CEMEX ADR 13.13 ▲ 0.46% PETROBRAS ADR 17.79 ▼ 0.42% VALE ADR 14.30 ▼ 2.56% ITAU ADR 8.35 ▼ 1.24% SANTANDER BR 5.27 ▼ 1.59% AMBEV ADR 3.05 ▲ 0.50% CSN 1.02 ▼ 0.97% GERDAU 4.79 ▼ 0.31% LATAM ADR 54.03 ▼ 1.53% BTC 64,643 ▼ 0.11% ETH 1,886 ▼ 1.59% SOL 76.54 ▼ 0.94% XRP 1.11 — 0.00% BNB 579.68 ▼ 0.07% ADA 0.16 ▼ 0.61% DOGE 0.07 ▼ 0.51% AVAX 6.64 ▼ 0.84% LINK 8.45 ▼ 0.96% DOT 0.85 ▲ 0.30% LTC 44.87 ▼ 0.56% BCH 223.54 ▲ 0.17% TRX 0.32 ▼ 0.32% XLM 0.19 ▲ 1.41% HBAR 0.07 ▼ 0.61% NEAR 2.07 ▲ 0.14% ATOM 1.53 ▼ 1.45% AAVE 94.00 ▼ 1.91% SELIC 14.25% EMBRAER 82.67 ▲ 0.39% EMBRAER ADR 64.78 ▼ 0.18% JBS 12.18 ▲ 0.62% JBS BDR 61.87 ▲ 0.72% MBRF3 15.24 ▼ 1.04% MBRFY 2.95 ▲ 2.79% INTER 5.46 ▼ 2.85% EGX 52,928 ▲ 0.70% USD/ZAR16.42▲ 0.57% USD/NGN1,378▼ 0.12% NIKKEI 66,836 ▼ 2.79% CSI300 4,698 ▼ 1.85% HSI 25,009 ▲ 1.33% NIFTY 24,073 ▼ 0.02% KOSPI 6,821 ▼ 6.37% JCI 6,108 ▲ 1.10% USD/JPY162.39▲ 0.13% USD/CNY6.76▼ 0.10% DAX 24,810 ▼ 0.76% CAC 8,335 ▼ 0.57% FTSE 10,506 ▼ 0.10% MIB 52,118 ▼ 0.56% IBEX 19,191 ▼ 0.44% STOXX 641.37 ▼ 0.21% EUR/USD1.14▼ 0.14% GBP/USD1.35▲ 0.80% SPX 7,570 ▼ 0.03% DJI 52,740 ▲ 0.15% NDX 29,288 ▼ 0.73% RUT 2,996 ▲ 0.66% TSX 35,329 ▼ 0.25% VIX 15.97 ▲ 1.91% USD/CAD1.40▼ 0.13% US10Y 4.5800 ▲ 0.77% IBOV 173,871.39 ▼ 1.22% IPSA 10,947.38 ▼ 0.70% IPC MEX 66,409.65 ▼ 0.18% MERVAL 3,249,524 ▼ 1.27% COLCAP 2,268.93 ▼ 1.01% BVL PERÚ 57,112.22 — — USD/BRL 5.10 ▲ 0.49% USD/MXN 17.43 ▲ 0.24% USD/CLP 927.20 ▲ 0.13% USD/COP 3,214 ▼ 1.41% USD/PEN 3.39 ▲ 0.21% USD/ARS 1,475 ▼ 0.10% USD/UYU 40.18 ▲ 1.21% USD/PYG 6,030 ▲ 1.35% USD/BOB 10.63 ▲ 3.73% USD/DOP 58.14 ▼ 0.19% USD/CRC 447.87 ▲ 1.07% USD/GTQ 7.62 ▲ 2.25% USD/HNL 26.73 ▲ 0.09% USD/NIO 36.62 ▲ 0.34% USD/VES 725.63 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.49 ▲ 0.31% USD/TTD 6.75 ▲ 1.34% EUR/BRL 5.84 ▲ 0.55% BRENT 85.40 ▲ 0.53% WTI 80.07 ▲ 0.59% IRON ORE 161.91 — — COPPER 6.36 ▲ 1.02% GOLD 4,003 ▼ 1.02% SILVER 56.34 ▼ 1.36% SOY 1,204 ▲ 0.17% CORN 467.50 ▲ 4.47% WHEAT 683.00 ▲ 0.81% COFFEE 315.25 ▼ 5.74% SUGAR 14.45 ▼ 2.69% ORANGE JUICE 135.90 ▼ 2.12% COTTON 79.83 ▼ 0.91% COCOA 5,590 ▼ 2.56% BEEF 224.13 ▼ 2.61% CATTLE 346.83 ▼ 0.89% LITHIUM 69.36 ▼ 2.39% PETR4 40.68 ▲ 0.22% VALE3 73.09 ▼ 1.91% ITUB4 42.64 ▼ 1.16% BBDC4 18.33 ▼ 1.45% ABEV3 15.64 ▲ 0.45% BBAS3 20.62 ▲ 0.34% B3SA3 15.42 ▼ 1.72% WEGE3 44.04 ▼ 0.50% PRIO3 57.57 ▲ 0.12% SUZB3 41.88 ▲ 0.96% RENT3 39.57 ▼ 1.93% AZZA3 18.52 ▼ 0.75% CSAN3 3.88 ▼ 1.27% RAIZ4 0.29 — 0.00% PCAR3 2.65 ▲ 1.15% GMAT3 3.91 ▼ 1.76% PSSA3 54.99 ▼ 0.42% CVCB3 1.36 ▲ 1.49% POSI3 3.85 ▼ 2.53% SLCE3 13.64 ▲ 1.04% NATU3 8.63 ▼ 0.46% BRKM5 6.26 ▼ 2.34% RANI3 8.01 ▲ 0.38% CSNA3 5.17 ▼ 1.34% CMIN3 5.42 ▲ 3.44% USIM5 8.22 ▲ 0.24% GGBR4 24.26 ▲ 0.25% ENEV3 26.30 ▼ 2.41% CPFE3 46.77 ▼ 0.13% CMIG4 11.05 ▼ 0.90% EQTL3 39.80 ▼ 1.31% LREN3 13.80 ▼ 2.13% VIVT3 35.50 ▲ 0.08% RAIL3 13.95 ▼ 0.85% KLABIN 17.46 ▲ 0.40% RAIA DROGASIL 18.71 ▲ 0.21% RDOR3 35.74 ▼ 0.75% HAPV3 10.89 ▼ 0.91% FLRY3 16.42 ▼ 0.55% SMTO3 15.64 ▲ 0.71% UGPA3 31.71 ▲ 1.96% VBBR3 34.18 ▲ 1.27% BBSE3 41.09 ▲ 0.93% BPAC11 56.57 ▼ 0.82% CURY3 31.96 ▼ 2.35% AERI3 2.02 — 0.00% VIVARA 23.33 ▼ 0.81% COMPASS 25.00 ▼ 0.44% VAMOS 3.14 ▲ 0.64% SANB11 26.81 ▼ 0.70% ASAI3 8.60 ▼ 0.69% SBSP3 29.56 ▼ 1.40% WALMEX 49.64 ▼ 0.12% GMEXICO 200.21 — 0.00% FEMSA 225.88 ▲ 1.33% CEMEX 22.88 ▲ 1.15% GFNORTE 180.66 ▼ 1.53% BIMBO 58.69 ▲ 2.03% TELEVISA 9.54 ▼ 0.21% AMX 22.81 ▲ 0.04% GAP 392.97 ▼ 1.03% ASUR 280.68 ▼ 0.98% OMA 233.57 ▼ 0.69% KOF 179.46 ▲ 1.41% GRUMA 283.38 ▲ 0.73% KIMBER 38.69 ▲ 0.08% SQM-B 66,050 ▼ 2.72% COPEC 6,126 ▼ 1.35% BSANTANDER 78.16 ▼ 0.61% FALABELLA 5,853 ▼ 0.37% ENELAM 84.80 ▼ 1.11% CENCOSUD 2,005 ▼ 1.72% CMPC 1,074 ▼ 2.63% BANCO CHILE 188.88 ▼ 0.33% LATAM AIR 25.40 ▲ 2.01% YPF 78,775 ▲ 0.29% GGAL 8,030 ▼ 2.13% PAMPA 5,160 ▼ 1.53% TXAR 666.00 ▼ 0.75% ALUAR 952.00 ▼ 0.78% TGS 9,615 ▼ 1.38% CEPU 2,303 ▼ 1.75% MIRGOR 16,600 ▼ 2.21% COME 45.30 ▼ 0.72% LOMA NEGRA 3,600 ▼ 0.35% BYMA 303.25 ▼ 0.25% TELECOM ARG 4,255 ▼ 1.39% ECOPETROL 15.77 ▼ 1.31% BANCOLOMBIA 79.70 ▼ 2.27% GRUPO AVAL 5.01 ▼ 0.40% CREDICORP 392.98 ▼ 1.31% SOUTHERN COPPER 178.49 ▼ 1.68% BUENAVENTURA 30.22 ▼ 1.60% MERCADOLIBRE 1,849 ▲ 0.32% NUBANK 13.74 ▼ 1.04% XP 16.60 ▼ 1.63% PAGSEGURO 9.17 ▼ 0.43% STONE 11.23 ▼ 0.49% GLOBANT 31.56 ▼ 1.33% TECNOGLASS 47.16 ▲ 3.26% GAP AIRPORT 225.64 ▼ 0.95% ASUR 280.68 ▼ 0.98% OMA AIRPORT 107.82 ▼ 0.07% AMX ADR 26.15 ▲ 0.13% FEMSA ADR 129.85 ▲ 0.84% CEMEX ADR 13.13 ▲ 0.46% PETROBRAS ADR 17.79 ▼ 0.42% VALE ADR 14.30 ▼ 2.56% ITAU ADR 8.35 ▼ 1.24% SANTANDER BR 5.27 ▼ 1.59% AMBEV ADR 3.05 ▲ 0.50% CSN 1.02 ▼ 0.97% GERDAU 4.79 ▼ 0.31% LATAM ADR 54.03 ▼ 1.53% BTC 64,643 ▼ 0.11% ETH 1,886 ▼ 1.59% SOL 76.54 ▼ 0.94% XRP 1.11 — 0.00% BNB 579.68 ▼ 0.07% ADA 0.16 ▼ 0.61% DOGE 0.07 ▼ 0.51% AVAX 6.64 ▼ 0.84% LINK 8.45 ▼ 0.96% DOT 0.85 ▲ 0.30% LTC 44.87 ▼ 0.56% BCH 223.54 ▲ 0.17% TRX 0.32 ▼ 0.32% XLM 0.19 ▲ 1.41% HBAR 0.07 ▼ 0.61% NEAR 2.07 ▲ 0.14% ATOM 1.53 ▼ 1.45% AAVE 94.00 ▼ 1.91% SELIC 14.25% EMBRAER 82.67 ▲ 0.39% EMBRAER ADR 64.78 ▼ 0.18% JBS 12.18 ▲ 0.62% JBS BDR 61.87 ▲ 0.72% MBRF3 15.24 ▼ 1.04% MBRFY 2.95 ▲ 2.79% INTER 5.46 ▼ 2.85% EGX 52,928 ▲ 0.70% USD/ZAR 16.41 ▲ 0.78% USD/NGN 1,378 ▼ 0.11% NIKKEI 66,836 ▼ 2.79% CSI300 4,698 ▼ 1.85% HSI 25,009 ▲ 1.33% NIFTY 24,073 ▼ 0.02% KOSPI 6,821 ▼ 6.37% JCI 6,108 ▲ 1.10% USD/JPY 162.39 ▲ 0.16% USD/CNY 6.7610 ▲ 0.05% DAX 24,810 ▼ 0.76% CAC 8,335 ▼ 0.57% FTSE 10,506 ▼ 0.10% MIB 52,118 ▼ 0.56% IBEX 19,191 ▼ 0.44% STOXX 641.37 ▼ 0.21% EUR/USD 1.1453 ▼ 0.13% GBP/USD 1.3509 ▼ 0.21% SPX 7,570 ▼ 0.03% DJI 52,740 ▲ 0.15% NDX 29,288 ▼ 0.73% RUT 2,996 ▲ 0.66% TSX 35,329 ▼ 0.25% VIX 15.97 ▲ 1.91% USD/CAD 1.4021 ▼ 0.11% US10Y 4.5800 ▲ 0.77%
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Thursday, July 16, 2026

Ecuador’s Farm Belt Becomes The Deadliest Link In The Cocaine Chain

By · December 5, 2025 · 2 min read

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Key Points

  • Once a calm agricultural province, Los Ríos now has Ecuador’s highest murder rate as gangs fight over cocaine routes.
  • Local splinter groups feed a larger war between national crime organisations, pushing violence into towns and highways.
  • A major military deployment has slowed killings, but lasting security will depend on stronger institutions and legal trade.

Los Ríos, a province better known for bananas and rivers than for bullets, has become Ecuador’s most violent territory. So far in 2025 it has registered roughly 1,041 killings, an estimated homicide rate of 106 murders per 100,000 people.

For residents, that figure translates into bodies on roadsides, empty classrooms and shuttered shops. The cause is geography as much as governance.

Los Ríos sits between the northern corridors where cocaine enters and the Pacific ports where it leaves in shipping containers, often hidden in legal exports.

The scale is stark: in early 2024 security forces found 22 tonnes of cocaine in one rural hideout near Vinces, exposing the province as a key link in the global supply chain serving markets in the Americas and Europe.

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Over the past two years, the national gangs Los Choneros and Los Lobos have turned Los Ríos into a battlefield. They subcontract smaller groups like Los R7 and Los Pájaros Locos, while offshoots such as Los Tiguerones seek their own slice.

What began as prison-based rivalries has spilled into highways, farms and market towns, bringing kidnappings, forced “tolls” and systematic extortion of truckers and small businesses.

Faced with a state losing control, the current government has pushed back. Since late November 1,500 soldiers have been deployed across all 13 cantons of Los Ríos.

Daily killings, which had peaked near 14 a day, have fallen, and at least 25 suspects have been arrested, including 12 considered high-value targets linked to explosives, weapons and trafficking.

The deeper test will be whether this tougher line is backed by lasting reforms: cleaner local politics, tighter port controls and economic alternatives to the drug economy.

Los Ríos is a warning that when institutions are weak and crime is quietly tolerated, violence does not stay confined to the margins for long.

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