Agriculture

Tuesday, March 20th 2012 - 01:16 UTC
Argentine truckers call for indefinite strike as soy bean crop was taking off

Argentina’s truckers called Monday an indefinite strike to demand higher pay rates, parking their rigs in protest just as exporters were counting on them to haul freshly harvested soybeans to port.
Monday, March 19th 2012 - 15:44 UTC
FAO Food price index rose 1% in February but is 10% below a year ago

The FAO Food Price Index rose 1% or 2.4 points from January to February. The Index climbed nearly 2% in January – its first increase in six months. The February increase was mostly driven by higher prices of sugar, oils and cereals while dairy prices fell slightly after a marked rise in January.
Monday, March 19th 2012 - 15:41 UTC
FAO forecasts second highest on record wheat crop for 2012 with 690 million tons

FAO forecasts that 2012 world wheat production will be the second highest on record at 690 million tonnes. According to FAO quarterly Crop prospects and food situation report forecast a 2012 wheat crop 10 million tons or 1.4% down from the record 2011 harvest but still well above the average of the past five years.
Saturday, March 17th 2012 - 06:01 UTC
EU ministers agree to free trade pact with Colombia and Peru

EU trade ministers agreed on Friday to approve a free trade pact with Colombia and Peru that could boost European car and chemical exports and lift food and mineral exports from the South American countries.
Thursday, March 15th 2012 - 00:40 UTC
US-Canada and EU agree to end ‘beef war’; Brussels grants 48.000 tons quota

European Parliament has backed a deal that will increase EU imports of beef from the US and Canada and help European food exporters. A row over growth hormones used on North American cattle ranches led to a trade war lasting more than 20 years.
Wednesday, March 14th 2012 - 23:52 UTC
Brazilian vessel looses half 5.000 cattle on board and has no port to dock

An animal welfare disaster resulting in the death of more than half the 5.000 cattle on board a Brazilian-owned live export ship bound for Egypt over the past fortnight has prompted renewed calls to ban the industry.
Tuesday, March 13th 2012 - 07:07 UTC
India confirms ban on cotton exports; China furious makes official complaint

India will keep a controversial ban on its cotton exports for now after ministers failed to agree its fate at the weekend, even after top buyer China had criticised the move, which boosted global prices.
Tuesday, March 6th 2012 - 05:33 UTC
Argentina’s top climatologist forecasts 20/21 million tons or corn this season

After back-to-back droughts, Argentine growers could have a record harvest of soybeans and corn next season as the La Niña weather phenomenon makes way for El Niño, one of the country's best-known forecasters anticipated.
Monday, March 5th 2012 - 23:42 UTC
Brazil 2011/12 soy and corn crops estimates slightly lower to 69.5m and 60.4m tons

Brazil’s 2011/12 soybean and corn crops are forecasted to be slightly lower than the original February estimates according to the latest release from industry and market analyst.
Wednesday, February 15th 2012 - 00:33 UTC
Brazil and Paraguay soybean harvest forecast downgraded because of lack of rain

Oil World cut its forecast for Brazil and Paraguay soybean production, extending the run of downgrades amid ideas that rains in the last two weeks has been insufficient to put a hold on crop losses.