
Brazilian President Dilma Rousseff signed into law on Wednesday new regulations to make its ports more efficient and attract up to 12 billion dollars in investments as the country finally begins to tackle logistics bottlenecks hampering vast farm exports.

The Brazilian government announced that it is increasing the farm budget, including funds for subsidized loans by 18% to 136 billion Reais (approx 68 billion-dollars) mainly for improving the country’s insufficient storage capacity and new silos.

Consumer prices in Paraguay dropped 0.3% during May which brings the accumulated five month inflation to 0.2%, reported the Central bank. The percentage is considerably lower than May a year ago when it reached 0.4% and had accumulated 3.2%. Twelve month inflation in May reached 0.9% which compares favourably with the 3.8% of a year ago

The Argentine government has made public the list of the 500 products with ‘frozen prices’, until next October when mid term elections are scheduled. Consumers can check the information online at the website of the state news agency Télam and with the sites of several of the main supermarkets of the country.

‘Save and Grow’, an environmentally-friendly farming model promoted by FAO can sustainably increase cassava yields by up to 400% and help turn this staple from a poor people's food into a 21st Century crop, the UN Food and Agriculture organization said.

The biggest pork firms in China and the US plan to join forces in a 4.7bn dollar deal that aims to feed the world's most populous country. China's Shuanghui International has agreed to pay cash for the Virginia-based Smithfield Foods, which including debt, values the firm at 7.1bn.

Brazil's economy grew 0.6% in the first quarter of 2013, compared with the final quarter of last year, the government said this week. The figure could confirm official projections that the economy would recover following the slowdown experienced over the past two years.

The United States biotech giant Monsanto says it respects people’s rights to express themselves, but that its genetically-modified seeds improve farm productivity and food quality.

Argentine longshoremen on strike at the peak of summer harvests exports have scores of grains ships delayed in and around due to a three-day-old conflict that threatens to bog down shipments at a time of heightened world demand for South American soy and corn, according to industry sources.

Brazil’s Congress approved legislation that opens up state-owned ports to private investment and lifts restrictions on the building of private ports in a bid to eliminate serious bottlenecks strangling the country’s export growth. The Brazilian Association of Infrastructure and Basic Industries praised the approval of the bill and anticipate investment of 25bn dollars.