Argentina posted last year its highest nominal trade surplus in two decades, according to a National Institute of Statistics and Census (Indec) report released Monday in Buenos Aires. The document showed a US$ 18.9 billion positive outcome which contrasted with the US$ 6.925 billion deficit the year before.
Add your comment!The UK Government has stepped up measures to prevent the spread of Foot and Mouth Disease (FMD), following a case being confirmed in Germany. This means the commercial import of cattle, pigs, sheep, deer, buffaloes and their products such as meat, and dairy from Germany will now be banned to protect farmers and their livelihoods.
Add your comment!Brazilian farmers should harvest 322,2 million tons of grains from the 2024/25 crop, representing an 8,2% increase over 2023/24, equivalent to an additional 24.5 million tons, according to the latest estimates from Conab, the county’s National Supply Company.
Add your comment!Chinese farmers and meat industry associations are complaining about the surge in foreign beef imports and the Ministry of Commerce has promised an investigation into the situation, according to Beijing government sources.
Meteorologists foresee that the La Niña weather phenomenon will not go unnoticed in the Southern Cone next year after the Brazilian agency Metsul reported signs of unusual activity in the Pacific Ocean. The main impact will be reflected in mercurial temperatures, MetSul's warning noted.
Despite declining international wheat prices, Russia has been exporting wheat at record levels this season, ahead of a quota set to take effect on February 15. The quota is part of the government’s strategy to bolster domestic supply and curb inflation, which currently stands at 9.5%.
Argentina has been cleared to start poultry, pork, beef cuts on the bone, and gibblets to the Philippines through an agreement also contemplating reciprocity between the two countries' control and certification systems, which will speed future approvals, it was announced in Buenos Aires.
A few days after European Commission President Ursula von del Leyen signed a long-pending trade agreement with four South American nations, French farmers were back on the streets dumping manure. This time they parked the tractors near the tunnel in Calais that goes through the English Channel, according to a report from German political and business analyst Uwe Hessler.
The 3.65 million hectares of soybeans planted in Paraguay, produced 11 million tons of the oil bean during the 2023/24 harvest season generating some US$ 4 billion for the landlocked country economy, which is among the top producers and exporters in the world.
The Rosario Board of Trade (BCR) announced that the Argentine 2024/25 wheat crop is estimated to reach 19.3 million tons, up from the previous 18.8 million tons, and this is attributed to higher-than-expected yields, bolstered by favorable weather conditions in November, as highlighted in its monthly grain report released this week.