Agriculture

Friday, January 8th 2016 - 20:02 UTC
FAO: major food commodities prices declined in 2015 for the fourth year running

Prices of major food commodities declined for the fourth year in a row in 2015, averaging 19.1% below their previous-year's levels, as the dwindling global economy also triggered sharp price falls from metals to energy markets.
Thursday, January 7th 2016 - 09:13 UTC
UN declares 2016 the International Year of Pulses

The United Nations 68th General Assembly declared 2016 the International Year of Pulses (IYP) and FAO (Food and Agriculture Organization) has been nominated to facilitate the implementation of the Year in collaboration with Governments, relevant organizations, non-governmental organizations and all other relevant stakeholders.
Monday, January 4th 2016 - 07:20 UTC
Canada opens its market to Argentine boneless fresh and frozen beef after 13 years

Canada finally made official the opening of its market to Argentine boneless beef, both fresh and frozen. This happens after thirteen years of negotiations, according to an end of the year release from the Argentine ministries of foreign affairs and agriculture and livestock, and the Argentine animal sanitary office. The decision became effective last 17 December.
Tuesday, December 29th 2015 - 21:54 UTC
Environmental groups blame massive deforestation for floods in Mercosur members

Deforestation is one of the main causes of the floods in South America that have left at least 160,000 people, 25,000 of them in Argentina alone, homeless, environmental groups said.
Monday, December 28th 2015 - 08:38 UTC
Argentine central bank building reserves: much depends on farmers and bankers

This short week and the month of January will test if the Argentine administration of president Mauricio Macri can continue to build up Central Bank reserves following on the decision to end the dollar clamp, let the foreign exchange float, together with the prospect of loans and hoarded grain sales.
Monday, December 28th 2015 - 07:31 UTC
Argentina issues US$ 5bn in bonds to pay importers; some restrictions persist

The Argentine government will issue bonds worth US$5 billion to be auctioned this week to pay back debt from imports during the previous Cristina Fernandez administration, according to a resolution published by the current government.
Monday, December 21st 2015 - 07:37 UTC
Groundbreaking WTO agreement on elimination of agriculture export subsidies

World Trade Organization, or WTO, reached a groundbreaking accord in Kenya on Saturday which obliges developed countries to eliminate subsidies for their agricultural exports as requested by the least developed nations to protect their farmers.
Saturday, December 19th 2015 - 04:41 UTC
China's demand for infant milk makes NZ company shares surge 140% in one year

Shares in New Zealand dairy firm - The a2 Milk Company (A2) - were up more than 30% in Sydney on Friday after the firm raised its full-year earnings forecast on demand for its infant formula in China and Australia. It is the second time since November the company has raised its guidance.A2 said group revenue could reach US$ 212 million for the period, up from US$180.
Thursday, December 17th 2015 - 06:50 UTC
Argentina lifts foreign currency controls and let's Peso float, as of Thursday

Argentina announced on Wednesday it was lifting currency controls and would allow the peso to float when markets open on Thursday, setting the stage for a devaluation, following pledges by new president Mauricio Macri for reforms to spur economic growth.
Tuesday, December 15th 2015 - 08:36 UTC
Brazil in recession, but farming is booming with the 29% fall of the Real

Financial and political turmoil that have Brazil on the brink of a depression is also contributing to one of the best years ever for domestic farmers. Economic stress and a weak currency has facilitated export revenue for everything from soybeans to beef to coffee.