Agriculture

Agriculture
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.

Saturday, October 23rd 2010 - 03:21 UTC

South American soy producers ally “to avoid buyers’ manipulation”

Brazilian Agriculture Minister Wagner Rossi.

Argentina and Brazil are negotiating an alliance with other South American producers of grains and oilseeds to deal jointly with buyers in Asia and elsewhere, according to Brazilian Agriculture Minister Wagner Rossi.

Wednesday, October 20th 2010 - 00:59 UTC

China purchases 70.000 tons of Argentine soybean oil; in November 80.000 tons?

Argentina is the world’s leading exporter of soybean oil

China has bought at least 70,000 tons of Argentine soybean oil after Beijing decided to unlock the imports ban that had resulted in a mounting-tension conflict. The move came after China agreed to allow all products coming from Argentina to enter its ports and was reported by Oil World magazine.

Thursday, October 14th 2010 - 05:35 UTC

US farm exports forecasted to surpass the 2008 record of 115 billion US dollars

Joe Glauber, the US Department of Agriculture’s chief economist.

United States farm exports may surpass a 2008 record of 115.3 billion US dollars on surging corn, soybean and wheat prices, according to Joe Glauber, the US Department of Agriculture’s chief economist.

Thursday, October 14th 2010 - 05:32 UTC

Argentine farmers warn on deteriorating conditions for agriculture and livestock

SRA president Hugo Luis Biolcati: ten million head of cattle lost since the Kirchner couple arrived

The combination of policies from the Argentine presidential Kirchner couple and scarce rainfall have had devastating consequences for agriculture and livestock breeding, claimed Hugo Luis Biolcati president of the Argentine Rural Society, SRA, the country’s strongest farmers’ lobby.

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