Monday, October 17th 2011 - 21:46 UTC

Spanish corporation will construct 70ml bio-ethanol plant in Uruguay

The plant will use sorghum, maize, barley and wheat

Spain’s Abengoa has announced that it will construct a bio-ethanol plant in the department of Paysandu, Uruguay, for Alcoholes de Uruguay, or ALUR. The contract, which includes the construction of an adjoining power cogeneration plant, is worth 120 million dollars.

Thursday, October 13th 2011 - 07:50 UTC

Colombian president praises US congress for ratifying free trade agreement

Juan Manuel Santos addressed the country on national television <br />

President Juan Manuel Santos praised US Congress ratification of a long-stalled free trade agreement with the United States and said it was a historic day for Colombian business and workers.

Thursday, October 13th 2011 - 06:00 UTC

US Congress approves free trade agreements with Colombia, Panama and S Korea

House Speaker Republican John Boehner applauded the successful votes<br />

The United States Congress voted Wednesday on a bipartisan basis to pass long delayed free-trade bills with Colombia, Panama and South Korea.

Wednesday, October 12th 2011 - 05:58 UTC

Uruguayan president on ten-day European trade and business tour

Mujica expects to promote trade and investments

Uruguayan president Jose Mujica left on Tuesday for a ten day visit to Europe that will take him to Sweden, Norway, Germany and Belgium, where he is expected to promote trade, investments and economic development.

Wednesday, October 12th 2011 - 05:45 UTC

Argentine-Swedish team discovers 49 million-years fossil of fully aquatic whale in Antarctica

Argentine palaeontologist Marcelo Reguero made the presentation showing pictures of the discovery

The jawbone of an ancient whale found in Antarctica may be the oldest fully aquatic whale yet discovered, Argentine scientists said Tuesday. The discovery took place close to the Argentine Antarctic base of Marambio next to the Weddell Sea.

Tuesday, October 11th 2011 - 08:15 UTC

Food high prices and volatility to continue; investment in agriculture critical, says UN

FAO calls for promotion of private investment and increases farm productivity

Food price volatility featuring high prices is likely to continue and possibly increase, making poor farmers, consumers and countries more vulnerable to poverty and food insecurity, the United Nations' three Rome-based agencies said in the global hunger report published Monday.

Thursday, October 6th 2011 - 22:10 UTC

FAO anticipates ‘tight’ cereal markets in 2011/12 and lower prices

The monthly food price index fell 2% in September mostly on lower prices for grains sugar and oils

Despite improved production prospects, world cereal markets are likely to remain fairly tight in 2011/2012, FAO announced this week. Prices on the other hand will tend to decline as a result of softer demand because of worsening economic conditions.

Thursday, October 6th 2011 - 02:32 UTC

Falklands and Punta Arenas work to establish closer agriculture technical links

Andrew Pollard Senior Agriculture advisor

Representatives from the Falkland Islands Agriculture Department and private sector visited Punta Arenas in the extreme south of Chile to establish closer commercial, technical and academic links related to farming development.

Thursday, October 6th 2011 - 01:55 UTC

“Mercosur won’t destroy European agriculture”, says EU business lobby

Van den Hoven believes the EU could help Brazil further develop agriculture

The head of Business-Europe International Relations said Wednesday that a free trade agreement between the European Union and Mercosur “would not destroy European agriculture” in spite of fears from farmers.

Tuesday, October 4th 2011 - 06:45 UTC

EU farm losses from trade deal with Mercosur ‘would range 1 to 3 billion Euros’

The sector most affected would be the meat industry

European Union farmers could suffer losses ranking from one to three billion Euros if a trade agreement is finally agreed with Mercosur according to a European Commission evaluation paper on the impact.


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