Agriculture

Agriculture
Friday, November 26th 2010 - 23:59 UTC

Russia orders 3 million tons of Argentine animal-feed corn; first delivery January

Argentina’s International Trade and Economic Relations Secretary Luis Maria Kreckler confirmed the news

Russia is interested in purchasing 3 million tons of Argentine animal feed corn to supply its domestic market following the catastrophic drought and fires suffered by the country during summer months in the northern hemisphere.

Thursday, November 25th 2010 - 20:58 UTC

World corn production slightly lower; lowest inventory in four years

Hot weather in August in the US seared fields in the world’s biggest corn exporter.

World corn production will be 0.5% lower than forecast last month as reduced U.S. and Brazilian crops result in smaller-than-estimated inventories, the International Grains Council reported on Thursday.

Thursday, November 18th 2010 - 18:53 UTC

EU unveils plans for a “greener” 60 billion Euro Common Agricultural Policy

Agriculture Commissioner Dacian Ciolos: fairer CAP for consumers and taxpayers

EU farm spending, worth almost 60 billion Euros annually, should no longer be based on previous subsidy levels for farmers, the European Commission has said. But subsidies are still needed to protect Europe's food supplies and rural diversity, it believes.

Tuesday, November 16th 2010 - 04:47 UTC

China and Argentina formalize ‘trade peace” and become ‘strategic partners’

President Cristina Fernandez meets China’s Agriculture Minister Han Changfu

President Cristina Kirchner received China's visiting Agriculture Minister Han Changfu on Monday at Government House in Buenos Aires, formally ending a six month trade war that threatened Argentina's standing as the world's leading soybean oil exporter.

Friday, November 12th 2010 - 13:52 UTC

As Argentine farming recovers machinery sales soar

The number of tractors sold jumped 32.3% in the third quarter

Sales of farm machinery in Argentina soared 73% totalling 7.074 units, in the third quarter compared to the same period a year ago and 33.6% over the previous quarter according to the latest release from the Statistics and Census Office, Indec.

Wednesday, November 10th 2010 - 00:52 UTC

Soybeans futures at their highest in two years on USDA report on US crop

Fears of La Niña in the southern hemisphere also helped

Soybeans futures settled at their highest in more than two years on Tuesday after the Agriculture Department, USDA, slashed its forecast for the United States soybean production to 3.375 billion bushels from 3.408 billion bushels the previous month.

Monday, November 8th 2010 - 15:15 UTC

Argentina anticipates record crop and export surpluses of wheat and corn

Agriculture minister Julian Dominguez made the announcement

Argentina’s Agriculture and Livestock minister Julian Domínguez and representatives from the cereals and oilseed markets coincided that Argentina will have a record crop this 2010/11 season and considerable export surplus of wheat and corn: 5.5 million and 18.5 million tons respectively.

Tuesday, November 2nd 2010 - 04:33 UTC

Sunflower comeback in Argentina: planted area forecasted to increase 24%

Once the main oil seed in Argentina, sunflower is again attractive

The area sown with sunflower in Argentina is forecasted to increase 24% this coming 2010/11 season reaching 1.62 million hectares according to Argentina’s Sunflower Association (Asagir) and based on data from the Buenos Aires Cereals market.

Monday, November 1st 2010 - 05:48 UTC

New rush of foreign investors, mainly Argentines, to purchase land in Uruguay

Over a million hectares are now planted with soybeans

Interest in fixed assets, strong commodities’ prices and growing prospects that global demand for food producing land will continue have generated a new rush of foreign investors to buy land in Uruguay.

Saturday, October 23rd 2010 - 03:34 UTC

Land purchases by foreign investors, an “explosive cocktail” for small farmers

Olivier De Schutter, U.N. Special Rapporteur on the right to food,

Land purchases by foreign investors in poor countries and the growing use of bio-fuels are boosting pressures on agricultural farmland and helping make 500 million small farmers hungry, a U.N. envoy said this week.

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