Uruguay expects for this year a record export of grains and oilseeds, however prospects for the rest of the year are not too clear given abundant crops worldwide which will have an impact on prices.
Brazil will harvest a grain crop of 145.1 million tons this year, a volume very close to the record 145.8 million tons of 2008, said the government’s statistics office, IBGE on the basis of February field data.
Brazil announced Monday it would levy a total of 591 million US dollars in retaliatory tariffs on US goods under a ruling against US cotton subsidies granted by a World Trade Organization last year. However Brazil also sent a conciliatory message.
The United Nations Food and Agriculture Organization called for greater global support and funds to be invested in biotechnology research and regretted that so many politicians “do not understand that biotechnology is far more that Genetically Modified Organisms, OGM”.
UK growers of a particular type of rhubarb have hailed the decision to award it special status as fantastic news for British food. Yorkshire Forced Rhubarb, which is only grown in the 'Rhubarb Triangle' between Bradford, Wakefield and Leeds, joins products likes champagne and Parma Ham in having its name legally protected.
Argentina’s record soybean crop may yield less than expected as continued downpours threaten to cause beans to rot and fungal diseases to spread, according to a Buenos Aires Cereals Exchange official quoted on Monday.
Brazil and Argentina, the biggest soybean producers after the US, may harvest as much as a combined 120 million metric tons of the oilseed this year as rain boosts yields, Cargill Inc.’s Jose Luiz Glaser said.
Chile, Russia, Vietnam and Israel were the main clients for Paraguayan beef and meat products during the month of January totalling 54.8 million US dollars, up 85% over the same month a year ago according to the latest data from the Livestock Health and Quality Service, Senacsa.
NZ Farming Systems Uruguay has reported improved results on the back of better rainfall, growth in its farms, cost cutting and better milk prices.
Plentiful rains are anticipating excellent summer crops in Argentina both for maize and soy beans according to the Buenos Aires Cereals Stock market and the US Department of Agriculture, USDA, estimates.