Argentina’s record soybean crop may yield less than expected as continued downpours threaten to cause beans to rot and fungal diseases to spread, according to a Buenos Aires Cereals Exchange official quoted on Monday.
Brazil and Argentina, the biggest soybean producers after the US, may harvest as much as a combined 120 million metric tons of the oilseed this year as rain boosts yields, Cargill Inc.’s Jose Luiz Glaser said.
Chile, Russia, Vietnam and Israel were the main clients for Paraguayan beef and meat products during the month of January totalling 54.8 million US dollars, up 85% over the same month a year ago according to the latest data from the Livestock Health and Quality Service, Senacsa.
NZ Farming Systems Uruguay has reported improved results on the back of better rainfall, growth in its farms, cost cutting and better milk prices.
Plentiful rains are anticipating excellent summer crops in Argentina both for maize and soy beans according to the Buenos Aires Cereals Stock market and the US Department of Agriculture, USDA, estimates.
Argentine President Cristina Fernández de Kirchner admitted that meat prices have risen dramatically (30 to 40%) but immediately blamed the farming sector” and its obsession “to be more profitable as the main reason behind the price escalade.
Cuban President Raul Castro has announced a five-year plan that he hopes will ease the country's economic problems and reliance on food imports. Basically the agricultural reform this time will be to surround cities with small urban farms so private citizens can raise animals and grow fruits and vegetables.
Brazilian agribusiness exports to Arab countries generated 6.86 billion US dollars in 2009 last year, 14% over 2008, according to figures from the Ministry of Development, Industry and Foreign Trade and compiled by the Arab Brazilian Chamber of Commerce. This in spite of the factor that total agribusiness sales dropped 9.8%.
Argentine beef exports last year soared 57% in volume and 11% in value compared to 2008, having totalled 419.000 tons and 1.65 billion US dollars according to an official release from the country’s National Food Health and Quality Service, Senasa.
The world's most expensive ham has gone on sale, complete with its own DNA certificate as a proof of authenticity. The leg of Iberico ham, which weighs seven kilos, is on sale at the food hall in Selfridges in London's Oxford Street.