Monday, May 4th 2015 - 14:16 UTC

Avian flu in the US: third state declares state of emergency

Iowa, the top egg-producing state in the United States, which could lead to the extermination of up to 21 million chickens and turkeys

State of Iowa Governor Terry Branstad declared a state of emergency due to a rapidly expanding avian flu outbreak, saying the entire state was at risk from the spread of the disease.

Saturday, May 2nd 2015 - 07:34 UTC

Uruguay's meat exports in four months total 550m with beef the main item, 454m

To 18 April, 674,656 cattle were slaughtered in approved slaughterhouses across Uruguay, an increase of 9% compared to the previous year.

Uruguay exported meat, offal, meat products and by-products worth 550 million dollars in the year up to 18 April, 8% more than the same period of 2014. Beef exports totaled 454 million in the first months of the year, with the main buyers including China, member countries of the North American Free Trade Agreement (NAFTA), the European Union, Israel and MERCOSUR countries.

Tuesday, April 28th 2015 - 05:26 UTC

France leads world wine production and exports, with third largest area with vineyards

Spain has 1.02 million hectares of grapes; China now has the second-largest wine growing area with 799,000 hectares compared to France's 792,000 hectares

There was both good and bad news for France in this week’s annual report on the outlook of the wine industry by the International Organization of Wine and Vine (OIV).

Monday, April 20th 2015 - 06:24 UTC

China cuts banks' reserve ratio to bolster lending and a weak economy

China's economy grew by 7% in the first quarter of the year, a large figure by Western standards, but the lowest for the country since the 2009 financial crisis

China's central bank is to cut its bank reserve requirement ratio by one percentage point. The People's Bank of China said that the new reserve requirement would take effect from Monday. The aim is to stimulate more lending into the nation's slowing economy.

Friday, April 17th 2015 - 03:39 UTC

Mercosur must exhaust efforts to advance in trade talks with EU, insists Uruguay

“Many elements such as the free circulation of goods, services and persons is not working” and there is a distortion of the Mercosur founding treaty, said Cancela

Mercosur must exhaust efforts with determination to advance in trade negotiations with the European Union, said Uruguay's Deputy foreign minister Jose Luis Cancela confirming the country's commitment with the block, but also demanding 'sincerity' in addressing the challenges and agreeing on an international insertion strategy.

Wednesday, April 15th 2015 - 07:37 UTC

Brazil raises estimates of corn and soybean harvests, helped by late rainfall

While early-sown soybeans were hit by a “scarcity of rainfall”, precipitation arrived in time for the flowering and grain-filling period for later planted crop.

Brazil raised estimates for both its corn and soybean harvests, citing rains which had come in time to boost yields of later planted crops, besides boosting expectations for safrinha corn. The official Conab crop bureau lifted by 1.0m tons to 94.3m tons its estimate for Brazil's soybean production in 2014-15, as late rainfall helped results “surprise positively” in particular in central areas.

Wednesday, April 8th 2015 - 18:26 UTC

Santos port soy exports expected to resume at slow pace after six-day fire

Trucks heading to the port through the city of Santos on the Anchieta Highway were prevented from entering, although they could proceed to Guaruja

Brazil’s soy exports will likely slow because a six-day fire at a nearby fuel-storage facility has restricted access to Brazil’s largest port, Santos, a port official and the soy industry association Abiove said. Authorities have agreed to restrict truck access to some terminals at the port at least through Wednesday while flames are extinguished.

Tuesday, April 7th 2015 - 09:24 UTC

FAO Food Price Index down in March helped by a sharp drop in sugar

Sugar Price Index averaged 187.9 points in March, down 9.2% from February. Good crop prospects and the continued weakening of the Brazilian currency had an impact.

The FAO Food Price Index continued to decline in March, dropping 1.5 percent from February and 18.7 percent (40 points) below its level a year earlier.

Tuesday, April 7th 2015 - 09:15 UTC

Argentine farmers defy Cristina Fernandez with ‘silo-bags’ to hoard soybeans

Silo-bag sales rose this year, mostly because of a bigger harvest, according to silo bag manufacturer IpesaSilo, which has about 70% of the Argentine market.

Argentine farmers have stockpiled more than twice as many soybeans this year than in 2014 defying a government desperate to increase export tax revenue needed to finance rising state spending ahead of the October presidential election.

Tuesday, April 7th 2015 - 07:51 UTC

World soy production forecasted to fall next season; Argentina could be the exception

Oil World's forecast for a drop in world production next season, the first decline since 2011-12, reflect largely an expectation of a 104.0m-tons US crop, down 4m tons

World soybean production will fall next season for the first time in four years, undermined by a drop in US output, although the fall may not prove sufficient to support prices, Oil World said. However in South America, Argentina and Paraguay could be heading for new record crops.


Get Email News Reports!

Get our news right on your inbox.
Subscribe Now!