Agribusiness company Elders says it can't get enough dairy heifers from Australia to supply China's growing demand and for the second consecutive year, a record shipment of 100,000 cattle will sail from dairies in Australia, New Zealand and Uruguay.
The Argentine Chamber of Integrated Fruit Exporters, CAFI reported that apple and pear exports continued a sharp decline in terms of exported volume, with a downfall of 30% (about 90.000 tons in total) compared to the previous year and 15% less in relation to 2010.
Soybeans are set to establish several records this year in Uruguay: exports will be above one billion dollars; for the first time the oilseed will be the leading export item of the country displacing beef and prospects for the next season are that over a million hectares will be planted.
Wine enthusiasts across the globe gathered to celebrate World Malbec Day, a great opportunity for novices and connoisseurs alike to sample some of Argentina’s flagship varietal.
Global food prices increased by 8% from December 2011 to March 2012 due to higher oil prices, adverse weather conditions, and Asia’s strong demand for food imports, according to the World Bank Group’s latest Food Price Watch.
Brazil’s Lower house of Congress on Wednesday approved a bill that weakens the country’s benchmark environmental law protecting the Amazon and other areas, a move that some fear will lead to a spike in deforestation.
Uruguay has fallen prisoner of Mercosur and Argentina because it did not sign the free trade agreement with the United States which was offered to the country in the previous government of Tabare Vazquez, said two-times President Julio Maria Sanguinetti.
Former Colombian finance minister Jose Antonio Ocampo ended his bid to become World Bank president on Friday, leaving two candidates in an unprecedented challenge to US control of the global development institution.
Drought in major soybean producers Brazil and Argentina cut their production more deeply than expected the US government said on Tuesday in a report that drove prices to near their highest since 2008.
Brazilian farmers will likely plant at least 26.2 million hectares with soybeans in the next crop, up 1.1 million hectares from the current 2011-12 crop, forecaster Agroconsult said Tuesday.