Brazil’s 2018/19 soybean crop forecast was cut to 116.9 million tons on Wednesday from 121.4 million tons late in November, said consultancy AgRural, blaming extreme heat and a dry spell in southern areas for the smaller projection.Add your comment!
Brazilian sugar companies are increasing their capacity to produce ethanol in the face of depressed global sugar prices and government policies expected to boost demand for the biofuel. A shift to ethanol in the 2018-19 season slashed Brazil’s sugar output by 9 million tons to a 12-year low and more switching to the biofuel next season could help to wipe out a global surplus weighing on sugar prices.
The destruction of Brazil's Amazon rainforest reached its highest level in a decade this year, government data released on Friday showed, driven by illegal logging and the encroachment of agriculture in the jungle.
The industrial production in Argentina dropped 4.8% in October compared to the same period a year ago, accumulating a seven-month consecutive slide, according to the Center of Economic Studies from Orlando Ferreres. Between January and October manufacturing activity registers a 3.5% contraction relative to the same period in 2017.
Brazil's Mato Grosso farmers are happy about their soybean planting progress this year, as they have finished sowing almost 90% of their soybean acres and are expecting an early harvest at the end of December.
U.S. Secretary of Agriculture Sonny Perdue announced that the United States has joined with 12 other nations, (including Mercosur founding members) to support policies that enable agricultural innovation, including genome editing. The International Statement on Agricultural Applications of Precision Biotechnology was released in Geneva at the World Trade Organization Committee on the Application of Sanitary and Phytosanitary Measures.
Brazil’s National Supply Company (Conab) has released its monthly report this week, and it projects that the country will produce 119.4 million metric tons. Last season, the country produced 119.2 million metric tons. The surface would jump from 86.7 million acres to 89.2 million acres.
Brazil’s President-elect Jair Bolsonaro said on Thursday his future administration may keep the agriculture and the environment ministries separate, backtracking from a proposal to combine the two that had alarmed environmentalists.
Russia's agriculture safety watchdog said on Wednesday it would allow imports of beef and pork from nine Brazilian plants beginning on Thursday, ending an 11-month ban triggered by concerns about the safety of their meat products.
The Scottish government has confirmed a case of Bovine Spongiform Encephalopathy (BSE) on a farm in Aberdeenshire. Movement restrictions have been put in place at the farm, while further investigations are carried out, the government said in a statement.