The recent period of high agricultural commodity prices is most likely over, say the OECD and FAO in their latest 10-year Outlook. But the two organizations warn of the need to be vigilant as the probability of a major price swing remains high.
A nonpartisan team from the Brazilian Senate budget analysts on Monday handed potential legal ammunition both to opponents and supporters of suspended President Dilma Rousseff as she tries to survive n impeachment trial.
Argentina is planting an additional one million of hectares with wheat this austral winter, taking the total area to 5.3 million hectares, spurred by the end of export duties and quotas, and a floating exchange rate, according to the Agro/Industry ministry in Buenos Aires.
Argentina's Agro-industry minister Ricardo Buryaile estimated the 2016/17 corn crop should reach 52.9 million tons, given a 20% increase in the area planted, which will be in detriment of soybeans. The last crop of corn, 2015/16, was 37.9 million dollars.
Domestic supplies of corn and soybeans will be tighter than expected in the United States as problems with crops in Brazil and Argentina have raised demand for U.S. supplies from overseas buyers, the U.S. Agriculture Department. In its latest monthly supply and demand report, the government cut its new-crop and old-crop ending stocks outlooks for both corn and soybeans by more than analysts had forecast.
After weeks of crossed accusations, Argentina reached a preliminary deal with Monsanto, reportedly agreeing to cancel its controls on soybean shipments. Under the accord the Argentine government will be the one to carry out the inspections, as part of a proper framework for agriculture firms to be paid for royalties.
The Falklands are a people, “my homeland”, with the right to freely choose our own future, as enshrined as leading principle in the UN Charter and safeguarded by the several covenants on civil and political rights, said Falklands' government representative Krysteen Ormond addressing the Pacific Regional Seminar of the C24, Special Decolonization Committee.
Monsanto Co., eager to get royalties from growers in Argentina on genetically modified soybeans, said on Wednesday it was still trying to resolve a dispute with the government over inspections, while an agricultural ministry source said a deal may be reached in the coming days.
At a breakfast at the residence of Ambassador Ben Lyster-Binns on May 25th, the British Embassy in Montevideo and the Rural Association of Uruguay (ARU) presented the proposal for the British Pavilion at Expo Prado 2016. Representatives of several companies that have ties with the UK, many of which already formed part of the pavilion in 2015 and 2014, attended the event.
Following a meeting to discuss common concerns, the British Isles' farming unions – NFU Scotland, the English NFU, NFU Cymru, the Ulster Farmers Union and the Irish Farmers Association – issued a joint statement warning buyers that the downward pressure on farm-gate prices was “sapping confidence” out of the sector.