Mercosur full member Paraguay’s economy expanded 4.6% in the first quarter of 2011 compared to a year ago boosted by agriculture in spite of a slowdown in cattle farming and construction, according to the country’s Central bank latest report.
In spite of bouts of Asian rust and the appearance of the ‘green stem syndrome’, GSS, Paraguay harvested a record 8.3 million tons of soy beans with a yield of 2.917 kilos per hectare and a 7.1% expansion of the area dedicated to the oilseed.
The G20 farm ministers’ summit in Paris agreed on Thursday measures to tackle high food prices in a deal that steered clear of divisive details and paved the way to greater international cooperation on sensitive agricultural issues.
World food prices that rose 37% in a year, driving 44 million more people into poverty, are a “plague” that needs action from world leaders now, said French President Nicolas Sarkozy during the two-day Group of 20 agriculture ministers in Paris.
Estancia Punta del Agua, probably the largest ever block of freehold land to come onto the market in north Argentina is being sold by London based agent Savills. The estate in San Juan province in the north west of the country is currently owned by a family company and is described as having enormous potential for agricultural or eco power possibilities.
The Argentine-Italian group Tenaris announced it will begin the construction of its Research & Development Center in July 2011. The new facility will be located in the Rio Technology Park at Ilha do Fundão, Rio de Janeiro, Brazil.
Brazilian president Dilma Rousseff announced an agriculture support plan of approximately 67 billion US dollars with the purpose of increasing by 5% the 2011/2012 harvest of grains and oil-seeds
United States scientists say they are close to producing super varieties of wheat that will resist from variants of Ug99, a new and deadly form of wheat rust and at the same time boost yields by as much as 15%.
The Argentine government is expected to announce Monday an agriculture emergency in several Patagonian areas as a consequence of the Chilean Andes volcanic eruption that has covered most of the territory with a blanket of ash leaving thousands of sheep with no water or pasture.
A cloud of ash from an erupting volcano in Chile has drifted over the Atlantic and Indian oceans to lie over southern parts of New Zealand and Australia, prompting the cancellation of dozens of flights.