Agriculture

• Tuesday, August 2nd 2016 - 06:19 UTC

  US and Brazil agree to open each others' beef market

  

  The United States and Brazil have agreed to allow access to each other's beef markets after more than a decade of negotiations. Brazil's Ministry of Agriculture, Livestock and Food Supply has agreed to imports of U.S. beef for the first time in 13 years, USDA announced today. And the U.S. will accept Brazilian beef for the first time since 1999.

• Wednesday, July 27th 2016 - 12:57 UTC

  Wet weather conditions Argentine wheat crop; 2016/17 corn area expected to expand

  

  Hopes for a revival in Argentina’s wheat production are falling, even as ideas for corn growing continue to mount, in part at the expense of soybeans, for which seed availability has emerged as an issue. Argentina’s wheat production will increase in 2016-17, but not by as much as had been thought, the US Department of Agriculture bureau in Buenos Aires said, cutting to 13.7m tons their harvest forecast.

• Thursday, July 14th 2016 - 07:27 UTC

  Higher forecasts for wheat output and cereal consumption in 2016/17

  

  FAO's Cereal Supply and Demand Brief pointed to improved production prospects primarily for wheat. Global wheat production is now pegged at 732 million tons, more than one percent higher than anticipated in June, mainly due to improved prospects in the EU, the Russian Federation and the U.S., as a result of better weather conditions.

• Thursday, July 14th 2016 - 07:23 UTC

  Food commodity prices shot up 4.2% in June, steepest in four years says FAO

  

  International food commodity prices shot up 4.2% in June, their steepest monthly increase of the past four years. The FAO Food Price Index averaged 163.4 points in June and is now one percent below the level reached a year earlier. The June rise, which affected all commodity categories except vegetable oils, was the fifth consecutive monthly increase.

• Tuesday, July 5th 2016 - 07:49 UTC

  Temer calls for “national reunification” at a friendly agro-business forum

  

  Brazil's interim president, Michel Temer emphasized the role of agro-industry in the country's development and called for “national reunification” to guarantee jobs in the sector.

• Tuesday, July 5th 2016 - 07:21 UTC

  OECD-FAO forecasts agriculture prices will remain relatively flat overall in next decade

  

  The recent period of high agricultural commodity prices is most likely over, say the OECD and FAO in their latest 10-year Outlook. But the two organizations warn of the need to be vigilant as the probability of a major price swing remains high.

• Tuesday, June 28th 2016 - 07:28 UTC

  Rousseff signed budget decrees without congressional approval, claim Senate experts

  

  A nonpartisan team from the Brazilian Senate budget analysts on Monday handed potential legal ammunition both to opponents and supporters of suspended President Dilma Rousseff as she tries to survive n impeachment trial.

• Thursday, June 23rd 2016 - 19:17 UTC

  Argentina planting an additional million hectares of wheat this winter

  

  Argentina is planting an additional one million of hectares with wheat this austral winter, taking the total area to 5.3 million hectares, spurred by the end of export duties and quotas, and a floating exchange rate, according to the Agro/Industry ministry in Buenos Aires.

• Monday, June 20th 2016 - 08:41 UTC

  Argentina estimates more corn and less soybeans for 2016/17

  

  Argentina's Agro-industry minister Ricardo Buryaile estimated the 2016/17 corn crop should reach 52.9 million tons, given a 20% increase in the area planted, which will be in detriment of soybeans. The last crop of corn, 2015/16, was 37.9 million dollars.

• Tuesday, June 14th 2016 - 08:32 UTC

  Brazil and Argentina crop problems raise demand for US supplies

  

  Domestic supplies of corn and soybeans will be tighter than expected in the United States as problems with crops in Brazil and Argentina have raised demand for U.S. supplies from overseas buyers, the U.S. Agriculture Department. In its latest monthly supply and demand report, the government cut its new-crop and old-crop ending stocks outlooks for both corn and soybeans by more than analysts had forecast.