Agriculture

Agriculture
Monday, August 11th 2014 - 09:40 UTC

FAO July Food Price Index at its lowest level since January 2014

While meat prices rose for the fifth consecutive month and sugar remained firm, there were sharp declines in grains, oilseeds and dairy quotations

The FAO Food Price Index averaged 203.9 points in July 2014, down 4.4 points (2.1 percent) from a revised value in June and 3.5 points (1.7 percent) below July 2013. While meat prices rose for the fifth consecutive month and sugar remained firm, sharp declines in grains, oilseeds and dairy quotations pushed down the FAO Food Price Index to its lowest level since January 2014.

Thursday, August 7th 2014 - 08:10 UTC

Rousseff claims EU has yet to agree on a proposal to exchange with Mercosur

“Stop blaming us because we are ready, we have our proposal ready”, Rousseff told the lobby of Brazilian farmers

President Dilma Rousseff claimed before the Brazil's farmers lobby that the trade agreement between Mercosur and the European Union is stalled and is not fulfilled because of the 'resistance' from several European countries, and specifically named France, Hungary and Ireland.

Wednesday, August 6th 2014 - 21:21 UTC

Latam food prices at slow growth rate for third month running, says FAO

The lower rate of food inflation in the region in June largely responds to the change in inflation in Brazil and Mexico

FAO’s Monthly Food Price Report notes that food prices in Latin America and the Caribbean reduced their growth rate for the third consecutive month. Regional food inflation increased only 0.5% in June, down from 1% in May and 1.2% in April, which is particularly relevant for the poorest, who spend a larger proportion of their income on food.

Wednesday, August 6th 2014 - 08:54 UTC

US and India clash over food security clause at WTO and suspends TFA protocol

“The fact we do not have a conclusion means that we are entering a new phase in our work, a phase which strikes me as being full of uncertainties,” Azevedo

The failure of the two major players in global trade negotiations to bridge their differences has put paid to the adoption of the protocol of amendment for implementation of the contested Trade Facilitation Agreement (TFA) for the time being.

Tuesday, August 5th 2014 - 06:42 UTC

Food loss and waste in Latam could feed the region's 47 million hungry

 “Addressing this issue is essential for progress in the fight against hunger and must become a priority for governments in the region” said Benitez

In Latin America and the Caribbean more food is lost and wasted than is needed to meet the nutritional needs of the 47 million people who still suffer from hunger in the region, according to FAO. The report Losses and waste of food in Latin America and the Caribbean of the FAO Regional Office says that 6% of global food losses occur in the region.

Monday, July 28th 2014 - 07:56 UTC

Argentine farmers and government again clash over the 'preyed-upon decade”

Luis Etchevehere, head of the powerful farmers' SRA accused the government of President Cristina Fernandez of being “ignorant and arrogant”.

Argentine Agriculture Minister Carlos Casamiquela and Federal Planning chief Julio De Vido rebuffed the criticism of the head of the Argentine Rural Society (SRA), Luis Etchevehere, who at the opening of the Palermo livestock show accused the government of President Cristina Fernandez of being “ignorant and arrogant”.

Monday, July 28th 2014 - 07:04 UTC

Uruguay, Paraguay and Bolivia private sectors unite to combat Mercosur protectionist policies

Paraguay's Eduardo Felippo says Urupabol will help boost growth and sound development

The private sectors from Paraguay, Uruguay and Bolivia agreed to form a business lobby, Urupabol, with the purpose of actively combating protectionist policies and other obstacles implemented inside Mercosur, mainly by senior members Argentina and Brazil.

Thursday, July 17th 2014 - 06:24 UTC

Brazil looking ahead to another year of record grains crop: 192.5 million tons

 Soy, corn and rice take up 85% of the planted area and 91% of total production

Brazil which has become one of the world’s food powerhouses is forecasting a record harvest of 192.5 million tons of grains, up 2.3% over the previous period, according to the latest report from the Brazilian Stats and Geography Institute, IBGE.

Saturday, July 12th 2014 - 11:45 UTC

New state of the art bulk terminal in port of Montevideo in support of Nueva Palmira

Nueva Palmira port  is strategically located but has a shallow 10-meter draught, low loading speeds and around a 90% utilization rate

The Greek ship-owning Laskaridis family is investing in a new 100m dollars state-of-the-art grain and wood pellet terminal in Montevideo, Uruguay, adding to the already considerable Greek shipping presence in the country, reports London's Trade Winds.

Saturday, July 12th 2014 - 10:13 UTC

CFK invites regional presidents to the official dinner for Russia's Putin

“They say that there is some Russian blood in every sixth Argentine. Many people from our country found their second home in Argentina” said Putin

President Cristina Fernandez, CFK, invited her peers from Bolivia, Uruguay and Venezuela, Evo Morales, Jose Mujica and Nicolas Maduro respectively to participate in a special dinner after her meeting with the Russian head of state, Vladimir Putin on Saturday.

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