An animal welfare disaster resulting in the death of more than half the 5.000 cattle on board a Brazilian-owned live export ship bound for Egypt over the past fortnight has prompted renewed calls to ban the industry.
India will keep a controversial ban on its cotton exports for now after ministers failed to agree its fate at the weekend, even after top buyer China had criticised the move, which boosted global prices.
After back-to-back droughts, Argentine growers could have a record harvest of soybeans and corn next season as the La Niña weather phenomenon makes way for El Niño, one of the country's best-known forecasters anticipated.
Brazil’s 2011/12 soybean and corn crops are forecasted to be slightly lower than the original February estimates according to the latest release from industry and market analyst.
Oil World cut its forecast for Brazil and Paraguay soybean production, extending the run of downgrades amid ideas that rains in the last two weeks has been insufficient to put a hold on crop losses.
Argentine President Cristina Fenandez again full of stamina criticized farmers, business people and workers’ unions, and at the same time called on all sides involved to live in the real Argentina, “not fantasy land, because Argentina is not Disneyland”.
“Far beyond expectations; this is a fantastic corner of the world”, said Dr. Nicolas Negrin, Head of Mission for the Uruguayan delegation describing his impression of the Falkland Islands. The 19 member Uruguayan business delegation spent a week in the Falklands and left on Saturday with impressions considerably different to those they had arrived with.
The FAO Food Price Index rose by nearly two percent or four points from December to January, its first increase since July 2011. According to FAO prices of all the commodity groups in the index registered gains last month with oils increasing the most followed closely by cereals, sugar, dairy products and meat.
Global warming will get worse as agricultural methods accelerate the rate of soil erosion, which depletes the amount of carbon the soil is able to store, a United Nations' Environment Programme report said on Monday.
The 2012 Brazilian grains and oilseed is expected to be below the 2011 record because of the intense drought in the months of December and January, particularly to the south of the country where soybeans and rice suffered most reported the Geography and Statistics Institute, IBGE.