The current marketing season (2017/18) should end with record inventory levels for wheat and maize following better-than-earlier-expected harvests, based on FAO's latest forecasts.
A long-awaited major trade deal between the EU and Mercosur may this week take a key step towards realization with ministerial teams from both sides meeting in Brussels on Monday. They are expected to give negotiators a new, decisive political impulse to reach agreement in a matter of weeks, according to Irish sources.
Argentine president Mauricio Macri ended on Friday his European tour in Paris, where he addressed the business community and potential investors, and later held a private meeting with president Emmanuel Macron. According to Argentine sources there is strong French investors' interest, but apparently Macron held his ground when regarding the EU/Mercosur overall trade agreement.
Enough is enough, an end to the bloated state and its fiscal voracity, so that Uruguayan farmers can recover competitiveness, was the clear message from tens of thousands who gathered in central Uruguay to express their disenchantment with president Tabare Vazquez administration attitude towards the rural sector.
Anywhere between 8.000 and 50.000 people are expected to convene on Tuesday to Durazno, central Uruguay, to protest and demand solutions to what is seen as an over bloated government, fiscal strangling, incompetent management of government companies and an overall dissatisfaction with the results of these policies and deaf political ears to the ongoing complaints.
Suspending the export of Brazilian fish to the European Union was a hard decision and still not well understood, the interim fisheries minister Eumar Novacki said at a meeting with businessmen from the sector, at the headquarters of the Ministry of Agriculture, Livestock and Supply (MAPA).
Argentina and China signed a historic agreement that opens the huge Asian market to beef and lamb with bone from the South American country, according to Senasa the Argentine agriculture and livestock sanitary office. The deal concludes fifteen years of negotiations and means access to the world's largest importer of beef.
Uruguayan farmers with their tractors, harvesters, trucks, vans and on horseback took to the roads to protest the cost of fuel, power, increased taxes and an over bloated national budget and bureaucracy which they blame for making several farm activities unprofitable, and have had an overall negative impact for the different camp activities.
Brazilian official crop agency Conab has raised its crop estimates for soybeans and corn in 2017-18, as improved weather boosts yields and planted areas are revised higher.
Conab said in a monthly report that the current soybean crop, which was already planted and is under development, will reach 110.44 million tons, up from 109.18 million tons in December but still below the record of 114.08 million tons in 2016-17.
More than twelve million boxes of French baby milk products are being recalled from 83 countries for suspected salmonella contamination. The recall includes Lactalis' Picot, Milumel and Taranis brands.