World stocks of soybeans are set to decline steeply to a five year low of around 50 million tons at the end of the season (10 million tons less than a year ago), mainly because of smaller crops in the leading exporting countries of South America, according to Oil World.
Argentine farmers are finding other crops which enable them to avoid the hyper sensitive wheat which has been one of the main clash areas with the administration of President Cristina Fernandez de Kirchner.
Uruguay’s rice 2009 crop is estimated in 1.3 million tons and although the area planted was 4.5% less that in 2008, yield is a record 8.012 kilos per hectare, according to the latest release from the Agriculture Statistics Department, DIEA.
United States Agriculture Department estimates Argentina’s soy bean production will reach a record 51 million tons in the 2010 crop. Such a volume would mark a complete turn around from this year’s crop which has been estimated anywhere between 34 and 31.7 million tons, or even less.
The Round Table on Responsible Soy Association (RTRS) will present advances related to the global standard for responsible soy production, processing and marketing at its IV International Conference in the city of Campinas, Brazil, May 26 and 27.
Chileans consumed 81.3 kilos of meat per capita in 2008, 26% more meat than they did 10 years ago, according to a study recently published by the country’s Office of Studies and Agrarian Policy (ODEPA) of the Ministry of Agriculture.
JBS SA, from Brazil the world’s largest beef producer, said it aims to also become the largest distributor of the meat by the end of next year and has been approached by companies seeking to be acquired.
Argentina is forecasted to plant the smallest wheat crop on record because of drought and export restrictions, according to the Buenos Aires Cereals Exchange. Planting will fall as low as 3.7 million hectares this fall that would be the smallest since the Exchange began recording such data in 1910.
The intense six month drought suffered by Uruguay this summer cost the farming sector an estimated 868 million US dollars and the loss of 12.800 jobs according to a report from the country’s main farmers’ organization. The loss breaks down to 75% livestock; 11% agriculture; 11% dairy farming and 3% citrus plantations.
Paraguay’s cattle rodeo increased 38.5% in the last 17 years according to the latest agriculture census. Even when the number of farms dropped 16.5% between 1991 and 2008, the number of head of cattle jumped from 7.626.617 to 10.561.894