Agriculture

Agriculture
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.

Wednesday, July 9th 2014 - 07:42 UTC

Paraguay with record soybean harvest, most of it for exporting

The latest harvest was 9.28 million tons, up 13% over the previous crop and with prospects of further expansion

Landlocked Paraguay has become the new 'soybean king' with a harvest of over 9 million tons, a new record, 13% compared to the previous crop, according to the figures released by the Paraguayan Chamber of Grains and Oilseeds Exporters, Capeco.

Monday, July 7th 2014 - 22:42 UTC

FAO food price index down for third month running: plenty of corn and wheat

Improved production prospects for coarse grains and wheat crops, particularly in the United States, the EU and India.

The FAO Food Price Index was down for a third consecutive month in June, a decline mostly influenced by lower wheat, maize and palm oil prices that reflected ample supplies and improved global production prospects for these commodities.

Wednesday, June 25th 2014 - 06:22 UTC

Uruguay's second pulp mill begins production: 1.3million tons annually

The complex includes the pulp mill, a harbor and a biomass power plant

Uruguay's second pulp mill Montes del Plata started production this week following an investment of 2 billion dollars, the largest ever in the recent history of the country. The announcement was made by the Chilean-Swedish complex that is running the plant.

Thursday, June 12th 2014 - 07:39 UTC

Beijing hosts this year's Meat Congress; China has become Uruguay's main beef client

The event in Beijing will attract the world's main producers and exporters

China will be holding this year's World Meat Congress in Beijing, an event traditionally hosted by meat producing and exporting countries. However the significance of the world's second largest economy and its booming demand for meat have made it the right place for the 14/16 June conference.

Thursday, June 12th 2014 - 06:30 UTC

Brazil increases cultivation area and expects record grain harvest in 2014

Soybean, corn and rice are the main items making up 91% of the entire harvest

Brazil, one of the world's leading agricultural producers, expects a record grain harvest this year of 192.3 million tons, up 2.2% from 2013, the IBGE statistics agency said this week.

Wednesday, June 11th 2014 - 02:02 UTC

Argentina port strike at soy-harvest peak, delays 126 ships queuing to load

Vessels in the Parana river waiting to load

A strike of dock workers in Argentina's grains and oilseeds export hub Rosario was holding on Tuesday for the second day running 126 ships, which are queuing and waiting to load.

Monday, June 9th 2014 - 06:27 UTC

FAO Food Price Index down for the second consecutive month in May

Maize and wheat prices dropped, while rice remained stable

The FAO Food Price Index was down for the second consecutive month in May, continuing its retreat from the 10-month high it experienced in March. Prices fell as generally ample supplies weighed on international prices for most commodities included in the Index.

Saturday, May 31st 2014 - 06:05 UTC

Brazil's economy grows 0.2% in the first quarter and 1.9% in twelve months

Agriculture again was the main engine of the economy

Brazil's economy grew 0.2% in the first quarter compared to the final three months of 2013, a pace slower than economists had forecast, the government said Friday. Meanwhile GDP rose 1.9% relative to the first quarter of 2013, according to figures released by the state-run Brazilian Institute of Geography and Statistics, or IBGE.

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