Thursday, June 9th 2011 - 22:41 UTC

Brazil’s world’s leading chicken exporter in 2011, ahead of the United States

Over four million tons of chicken will be exported this year

Brazil is poised to overtake the United States for the first time ever, as the world’s leading exporter of chicken, with a third of global trade, according to the latest statistics from FAO released this week.

Thursday, June 9th 2011 - 08:56 UTC

Uruguayan government divided over implementation of a new tax on farmland

President Mujica and Vice-president Astori will try and reconcile positions

The Uruguayan government is trying to decide how to implement a controversial new tax on land holdings involving approximately 60 million dollars per annum and which has exposed deep differences in the ruling coalition, is rejected by farmers and feared by investors.

Thursday, June 9th 2011 - 04:20 UTC

FAO forecasts world food prices are likely to remain high in 2011 and 2012

David Hallam, Director of FAO’s Markets and Trade Division

Citing dwindling stocks and only small production increases for the majority of crops, a new United Nations report released Wednesday world food prices are likely to remain high for the rest of this year and into 2012.

Thursday, June 9th 2011 - 02:54 UTC

Pressed by outraged farmers EU increases compensation for E.coli outbreak losses

EU Farm Commissioner Dacian Ciolos

Pressed hard by outraged farmers, the European Union farm chief on Wednesday increased his offer of compensation for the E. coli outbreak to Euro210 million.

Wednesday, June 8th 2011 - 23:32 UTC

Brazil unveils plan and incentives to boost ethanol production

Energy minister Edison Lobao said a 10-year investment plan is being drafted with the private sector

Brazil's government unveiled new financing and other incentives for sugar cane ethanol production, vowing to work closely with the private sector to boost production in an industry that has struggled recently despite its immense promise.

Wednesday, June 8th 2011 - 23:03 UTC

Rocketing values for cattle in Brazil anticipate ‘beef prices will remain high’

Grazing land loosing ground to two-crops per annum agriculture

World beef prices look set to stay high long term given the rocketing prices of raising cattle in Brazil, and the lack of an obvious successor as the world's low-cost producer.

Thursday, June 2nd 2011 - 09:36 UTC

Argentina’s second biggest soybean producer expands in Brazil; plans shares sale

The Argentine/Ukrainian Gustavo Grobocopatel has interests in all Mercosur countries

Argentina’s second- biggest soybean producer Los Grobo, plans to transfer some assets to a new company and sell shares of the business in an initial public offering in Brazil.

Tuesday, May 31st 2011 - 22:55 UTC

Mercosur and EU admit internal problems are delaying trade negotiations

President Lugo and EC president Barroso admit difficulties<br />
<br />

The European Union and Mercosur admit they have internal problems that are delaying discussions, and results, for a broad association and cooperation accord that contemplates a trade agreement questioned by strong interests from both sides.

Tuesday, May 31st 2011 - 22:47 UTC

Brazil and Paraguay with record crops of soy beans and export volumes

Argentina’s crop was disappointing because of weather conditions <br />

Mercosur members Brazil and Paraguay harvested unprecedented soy crops this year while Argentina’s results are disappointing limiting its exports, according to the latest report form Hamburg based Oil World.

Thursday, May 26th 2011 - 18:27 UTC

Record rice crop in Uruguay: 1.65 million tons but farmers concern with prices

Harvesting in the rice paddies to the east of the country

Uruguay harvested a record crop of rice this year totalling 1.65 million tons and marked the second highest area planted with the cereal, 195.000 hectares compared to the 200.000 of eleven years ago.


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