Agriculture

• Monday, April 28th 2014 - 23:53 UTC

  Coffee prices soar as Brazil's crop plummets because of adverse weather

  

  Because of adverse climate conditions Brazil’s Arabica coffee prices have recently surged 94%, to 2.144 dollars for half a kilogram ($2.30) on the New York futures market.

• Friday, April 25th 2014 - 05:31 UTC

  Brazil investigating potential case of atypical mad cow disease in Matto Grosso

  

  Brazil is investigating a potential case of atypical mad cow disease, the agriculture ministry said on Thursday, just over a year after several countries banned Brazilian beef imports when a similar case of the disease was confirmed.

• Wednesday, April 23rd 2014 - 05:37 UTC

  Brazil anticipates lower soy exports because of a weaker Chinese demand

  

  Brazilian soy crushing association Abiove said on Tuesday the nation would export 43 million tons of soybeans from this season's nearly harvested crop, down from its forecast of 44 million tons a month earlier due to weaker Chinese demand.

• Monday, April 21st 2014 - 07:25 UTC

  China's main soy-bean importers in concerted action to bring prices down

  

  Chinese buyers may default on a further 1.2 million tons of soybeans worth about 900 million dollars being shipped from the United States and South America, to avoid incurring huge losses in a depressed local market, the country’s top soy buyer said.

• Tuesday, April 15th 2014 - 23:11 UTC

  Argentina prepares to celebrate worldwide Malbec Day on 17 April

  

  Next 17 April is “World Malbec Day” and for the fourth running year Argentina Wines will be promoting the image of the varietal in over sixty events in 55 different cities in 44 countries. This year the event will be supported by the pleasure of good music with the purpose of attracting young consumers, 25 to 35 year old.

• Monday, April 14th 2014 - 15:52 UTC

  FAO warns agriculture greenhouse emissions have doubled in 50 years

  

  From farming to forestry and fisheries, agriculture greenhouse emissions have nearly doubled over the past 50 years and may increase by another 30% by 2050, according to new estimates from the UN Food and Agricultural Organization (FAO).

• Friday, April 11th 2014 - 08:30 UTC

  Brazil says there is enough coffee to supply exports and domestic market

  

  Brazil has enough coffee stocks to supply exports and domestic demand this year even though a severe drought will result in a lower-than-expected harvest, the nation's coffee industry association Abic said on Thursday.

• Wednesday, April 9th 2014 - 06:52 UTC

  Latest storms and rainy weather could cost Argentina 3 million tons of soybeans

  

  Argentina's crop of soybeans and cereals, and the country's main source of hard currency is threatened by the last few days storms of pouring rainfall, flash floods and mud slides that have punished at least seven provinces. Argentina is one of the world's main suppliers of grains.

• Monday, April 7th 2014 - 05:34 UTC

  China's COFCO joins world's top grain-traders select club

  

  COFCO Corp has agreed to pay 1.5 billion dollars for a majority stake in Noble Group Ltd's agribusiness, its second acquisition in less than two months, as China's largest grain trader seeks to strengthen its market position worldwide.

• Friday, April 4th 2014 - 07:48 UTC

  FAO food price index in March climbs to its highest since May 2013

  

  The FAO Food Price Index rose sharply in March, up 4.8 points, or 2.3%, to an average of 212.8, the highest level since May 2013. The Index, based on the prices of a basket of internationally-traded food commodities, saw prices increase in all groups except dairy, which fell for the first time in four months (-2.5%). Sugar, 7.9% and Cereals, 5.2% climbed the most.