Brazilian beef exporters expect shipments to grow 10% in 2018 after rising an estimated 9% this year despite corruption and food safety scandals that temporarily closed off major markets. Trade group Abiec on Thursday said Brazil, the world’s largest beef exporter, would likely sell 1.68 million tons of beef abroad next year, up from 1.53 million tons in 2017. Revenue is expected to rise about 11% to US$6.9 billion in 2018, after a 13% rise this year to US$6.2 billion.Add your comment!
Brazil’s government published a decree laying out procedures importers will have to follow to be able to buy and unload Russian wheat in Brazil, a step aimed at improving trade ties with Moscow. The decree, which takes effect immediately, outlines the documents importers will have to submit to bring Russian wheat to be processed in Brazil, which had not been previously allowed.1 comment
Irish MEP and vice-president of the European Parliament Mairead McGuinness is representing the European Parliament at the ministerial assembly on the World Trade Organization (WTO) in Argentina, which began on Sunday, and has warned that rushing towards a Mercosur/European Union deal would jeopardize the EU beef industry.2 comments
The European Union’s farm chief pressed Mercosur countries to offer market access for EU wines, spirits, olive oil and dairy goods to help seal a free-trade agreement that has been in the works for two decades.Add your comment!
U.S. seeds company Monsanto Co is confident Brazilian courts will uphold its Intacta RR2 PRO soy seed patent despite a challenge from grain growers in the state of Mato Grosso, the company’s chief of South American operations said this week.Add your comment!
Mercosur is confident a framework agreement with the European Union will be announced next week despite resistance from farmers in Europe to permit tariff-free beef imports, a Mercosur official said. “There is more than a 70% chance of reaching a deal,” said the official close to the negotiations that have dragged on for almost two decades.2 comments
Researchers have identified the molecule that attracts the insect that transmits citrus greening disease, a development expected to help farmers control a plague that has destroyed trees in growing regions of Brazil and the United States. The scientific breakthrough is the result of six years of research on Diaphorina citri, the vector of citrus greening disease.
European countries have voted to renew the license of glyphosate, a widely used weed killer at the centre of environmental concerns. The proposal at the EU Commission's Appeal Committee got 18 votes in favor and nine against, with one abstention, ending months of deadlock.
President Mauricio Macri hosted the official launching of the Argentine chair of G20, the world’s major forum for global economic, political, and financial cooperation. In his inaugural speech Macri said Argentina is committed ”to build consensus for fair and sustainable development” and will use its role as the first South American country to chair the G20 group of major economies to combat protectionism.
Falkland Islands lawmakers will be meeting starting in December to scope the community’s priorities under the Rural Development Strategy (RDS), as the current Action Plan ends and a new 3-year phase begins.