Agriculture

• Friday, August 31st 2012 - 04:42 UTC

  Soy reaches record price at 650 dollars the ton, and could keep climbing

  

  Soy beans in Chicago climbed to their highest having advanced 0.4% on Thursday to 650.47 dollars the ton, while corn up 0.2% to 319.47 dollars the ton came closer to its record value of last August, 327.25 dollars. Wheat meantime slid 0.2% to 324.64 dollars the ton.

• Friday, August 31st 2012 - 01:40 UTC

  S&P places Paraguay with “stable outlook” and anticipates strong growth in 2013

  

  Standard & Poor’s credit risk rating agency improved the prospects of Paraguay, removing the country from credit-watch where it had been placed with negative implications last June 25 when the political situation that removed Fernando Lugo as president and subsequent suspension of Paraguay from Mercosur.

• Friday, August 24th 2012 - 00:48 UTC

  Argentina challenges the US in trade and reaffirms current economic policies

  

  The administration of President Cristina Fernandez again challenged the United States on the “trade restrictions in place against Argentine products” which it claims are part of “a protectionist policy inconsistent with from the World Trade Organization”.

• Thursday, August 23rd 2012 - 05:33 UTC

  A billion dollars trade surplus for Argentina in July; Mercosur main partner

  

  Argentina’s trade surplus reached 1.014 billion dollars in July, which is 54% higher than the same month a year ago. Exports totalled 7.4 billion and imports 6.37bn according to the latest release from the official stats office, Indec.

• Tuesday, August 21st 2012 - 22:49 UTC

  Argentina hits back at US and will complain in WTO trade barriers on meats and lemons

  

  The Argentine Foreign Ministry on Tuesday hit back at the United States amid various trade barrier complaints and allegations of illegality saying that it would report the country for violating the World Trade Organization’s (WTO) rules for stopping imports of Argentine meat and citrus fruits to the US.

• Tuesday, August 21st 2012 - 20:07 UTC

  US families dump 40% of their food every year, says environmental group

  

  Americans throw away nearly half their food every year, waste worth roughly 165 billion dollars annually or 2.275 dollars per average family, according to a study released on Tuesday by the Natural Resources Defence Council

• Monday, August 20th 2012 - 21:14 UTC

  Insufficient harvests and soaring prices anticipate another world food crisis

  

  With droughts parching farms in the United States and near the Black Sea, weak monsoon rains in India and persistent hunger in Africa's Sahel region, the world could be headed towards another food crisis, experts say.

• Monday, August 20th 2012 - 20:45 UTC

  Falklands improves livestock haulage to ensure steady supply to meat plant

  

  Falkland Islands livestock haulage should become easier in the forthcoming season with the introduction of suitable sized crates and equipment for both East and West Falkland, reports the Penguin News.

• Monday, August 20th 2012 - 06:41 UTC

  Argentina accuses EU before WTO for restriction imposed on bio-fuel imports

  

  Argentina has taken the first steps toward formally accusing the European Union of violating World Trade Organization rules in a dispute over restrictions on bio-fuels exports to the EU from the Mercosur member country.

• Thursday, August 16th 2012 - 20:07 UTC

  Wheat futures up in the US and Europe on fears Russia might restrict exports

  

  US and European wheat futures gained again on Thursday as importers took advantage of a price fall earlier in the week and as operators continued to anticipate Russia would drop out of export markets in the coming months due to drought-hit supply.