Argentina's 2011/2012 soy harvest is seen at 49.5 million tons, down from 50.3 million tons last season, the Rosario Grains Exchange said in its monthly crop report on Friday.
The FAO Food price index dropped to an 11-month low in October, declining 4%, or nine points, to 216 points from September. Nonetheless prices still remain generally higher than last year and very volatile, FAO said.
The Pan-American Milk Federation, Frepale, is scheduled to meet in Uruguay next November 15/17 to celebrate its twentieth anniversary. The federation, the strongest in the region chose Punta del Este for the event because it was here that it was born two decades ago.
President Evo Morales said Friday that he was scrapping plans to build a highway through a nature reserve in Bolivia's jungle lowlands, bowing to public pressure after a two-month protest march by Amazon Indians.
Mercosur and the European Union are committed to presenting their proposals with list of products for a free trade agreement in June 2012, announced on Friday Uruguay’s Foreign Affaire minister Luis Almagro.
Cuba will greatly expand the amount of land granted to private farmers, an agriculture official said on Wednesday, as the country struggles to boost food production.
Argentine Rural Society’s head, Hugo Biolcati, praised the visit President Cristina Fernández made to Coninagro farmers’ federation, but emphasized that “the claims from our sector will keep coming.”
One of the four rural organizations that for several years clashed with the Argentine government over export taxes considers the conflict “to be over” and said that President Cristina Fernandez “remains committed to helping the farming sector”.
Spain’s Abengoa has announced that it will construct a bio-ethanol plant in the department of Paysandu, Uruguay, for Alcoholes de Uruguay, or ALUR. The contract, which includes the construction of an adjoining power cogeneration plant, is worth 120 million dollars.
President Juan Manuel Santos praised US Congress ratification of a long-stalled free trade agreement with the United States and said it was a historic day for Colombian business and workers.