Agriculture

Agriculture
Wednesday, April 23rd 2014 - 05:37 UTC

Brazil anticipates lower soy exports because of a weaker Chinese demand

Anyhow the export volume is expected to reach 43 million tons

Brazilian soy crushing association Abiove said on Tuesday the nation would export 43 million tons of soybeans from this season's nearly harvested crop, down from its forecast of 44 million tons a month earlier due to weaker Chinese demand.

Monday, April 21st 2014 - 07:25 UTC

China's main soy-bean importers in concerted action to bring prices down

It's soybean harvest time in South America and silos are binging

Chinese buyers may default on a further 1.2 million tons of soybeans worth about 900 million dollars being shipped from the United States and South America, to avoid incurring huge losses in a depressed local market, the country’s top soy buyer said.

Tuesday, April 15th 2014 - 23:11 UTC

Argentina prepares to celebrate worldwide Malbec Day on 17 April

Malbec Day will be celebrated in New York and London with the Cambalache show

Next 17 April is “World Malbec Day” and for the fourth running year Argentina Wines will be promoting the image of the varietal in over sixty events in 55 different cities in 44 countries. This year the event will be supported by the pleasure of good music with the purpose of attracting young consumers, 25 to 35 year old.

Monday, April 14th 2014 - 15:52 UTC

FAO warns agriculture greenhouse emissions have doubled in 50 years

Emissions from crop and livestock grew 14% to 5,3 billion tons of carbon dioxide between 2001 and 2011

From farming to forestry and fisheries, agriculture greenhouse emissions have nearly doubled over the past 50 years and may increase by another 30% by 2050, according to new estimates from the UN Food and Agricultural Organization (FAO).

Friday, April 11th 2014 - 08:30 UTC

Brazil says there is enough coffee to supply exports and domestic market

Nathan Herszkowicz, executive director of Abic: “We don't want to over-dramatize the situation”

Brazil has enough coffee stocks to supply exports and domestic demand this year even though a severe drought will result in a lower-than-expected harvest, the nation's coffee industry association Abic said on Thursday.

Wednesday, April 9th 2014 - 06:52 UTC

Latest storms and rainy weather could cost Argentina 3 million tons of soybeans

Soy beans suffer more than corn in wet fields

Argentina's crop of soybeans and cereals, and the country's main source of hard currency is threatened by the last few days storms of pouring rainfall, flash floods and mud slides that have punished at least seven provinces. Argentina is one of the world's main suppliers of grains.

Monday, April 7th 2014 - 05:34 UTC

China's COFCO joins world's top grain-traders select club

China is seeing massive expansion in demand for grains such as soybeans and corn

COFCO Corp has agreed to pay 1.5 billion dollars for a majority stake in Noble Group Ltd's agribusiness, its second acquisition in less than two months, as China's largest grain trader seeks to strengthen its market position worldwide.

Friday, April 4th 2014 - 07:48 UTC

FAO food price index in March climbs to its highest since May 2013

Sugar and cereals prices experienced the most increase while dairy produce was down

The FAO Food Price Index rose sharply in March, up 4.8 points, or 2.3%, to an average of 212.8, the highest level since May 2013. The Index, based on the prices of a basket of internationally-traded food commodities, saw prices increase in all groups except dairy, which fell for the first time in four months (-2.5%). Sugar, 7.9% and Cereals, 5.2% climbed the most.

Friday, April 4th 2014 - 07:41 UTC

White House targets methane emissions

According to the White House, 36% of methane emissions come from agriculture.

By Nicholas Cunningham of Oilprice.com - On March 28, the White House released a multi-pronged strategy to reduce methane emissions from a variety of sources, a step the administration says is an outgrowth of the President's Climate Action Plan announced last year. Methane is a powerful greenhouse gas, about 20 times more potent than carbon dioxide.

Friday, April 4th 2014 - 07:35 UTC

Brazilian congress strikes down new taxes on the domestic soy market

The country is the world's leading exporter of soybeans

Brazil's Congress struck down this week a proposal to impose new taxes on the internal soy market after fierce opposition from the country's agricultural sector. An amendment to apply a tax known as PIS/Cofins on soybean sales to some domestic buyers had been removed from a bill to simplify taxation of Brazilian companies abroad that was passed by the lower chamber late on Tuesday.

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