Sugar fell in New York and London, reversing earlier advances, as an improved outlook for production in Brazil and normal rainfall in India outweighed concern that supplies will fall short.
Uruguay is currently harvesting what is considered a record crop of soybean the ever expanding oil seed that as in neighbouring countries is taking over land from other exploitations and has made Mercosur the world’s leading producer and exporter.
The world's large economies could make progress to revive stalled world trade talks at two G20 summits later this year, officials from farming nations said on Monday at a two-day meeting in Uruguay.
Cuba continues to spend more than 1.5 billion US dollars a year on food imports, Vice President Jose Ramon Machado said while urging farmers to boost production, Communist Party daily Granma reported Monday.
Elizabeth Kellogg from the E. Desmond Lee Endowed Professor of Botanical Studies at the University of Missouri–St. Louis has been elected to The National Academy of Sciences of Argentina.
Argentine Agriculture Minister Julián Domínguez said Tuesday that soybean oil exports to China have not been interrupted and assured that supplying companies have promised to readapt themselves to the Asian country's demands.
Brazil's soybean farmers will plant their highest-ever acreage next season, despite growing pest problems and soaring fertilizer and transport costs.
The world will have so much wheat this year that the US farmers could leave every acre unplanted and still have a surplus, a sign of more losses after futures had their worst first quarter in 15 years.
Increased success in second crops is behind the continued strength in Brazil's corn production despite a decline in plantings, the US Department of Agriculture has said.
Paraguay announced a record 2009/2010 soybeans crop of 7.48 million tons, which is larger that the 6.8 million tons of 2007/08.