Brazil's BRF SA, the world’s largest chicken exporter, believes Europe could lift an embargo affecting a dozen of its plants sooner than anticipated because of the global meat supply imbalance deriving from a deadly hog disease in China.
The European Union and Mercosur will likely close a trade agreement in the near future, Brazil’s Foreign Trade Secretary Lucas Ferraz said in an interview with Bloomberg. “We’ve never been so close,” Ferraz said adding, “we’ve advanced more in four months than in 20 years”.
Human activities have put as many as one million other species at risk of extinction, according to the first comprehensive United Nations report on global biodiversity. The report, a summary of which was released on Monday, emphasizes humanity’s devastating impact on the natural world, which is accelerating extinctions at an unprecedented rate in human history.
Uncertainty surrounding Brazil’s new farm credit package is worrying executives from the world’s largest agricultural machine makers since a delay on the definition of the program could hurt their sales.
Argentina announced on Tuesday it had struck a deal with Chinese authorities that would allow it to begin exporting pork to the Asian giant from 25 of the country’s meat-packing plants.
Brazil's agriculture minister has asked the minister of the environment to suspend the country's list of threatened and endangered aquatic species. It's hurting fishermen, Jorge Seif Júnior argued and will have a significant negative impact on the fishing economy.
Brazilian meat processor JBS SA said its Seara processed foods unit will start selling chicken products to India, as the group explores new markets in a year when poultry is poised to become the most demanded meat protein in the world.
US corn exports are facing increased competition from Brazil and Argentina, the two South American nations that are offering cargoes at competitive prices on the back of high crop output, a trend that could put downward pressure on Chicago corn prices in coming months, analysts said.
Argentina is pushing to increase agricultural trade with commodities-hungry China, as farmers on the country’s Pampas grains belt prepare for what is expected to be a bumper soybean harvest over the weeks ahead.
A Brazilian grain growers association has launched a hot line to encourage farmers to report practices on the part of Germany’s Bayer SA that potentially could be anti-competitive, according to statement sent to Reuters on Tuesday.