Agriculture

• Thursday, December 2nd 2010 - 21:56 UTC

  Paraguayan grains and oil seeds 2010 crop reached a record 12.7 million tons

  

  Paraguay summer and winter crops in 2010 totalled 12.688.908 tons establishing a new record according to agronomist Luis Cubilla from the Agriculture Biotechnology Institute. The last best harvest was in 2008 with 10.5 million tons.

• Friday, November 26th 2010 - 23:59 UTC

  Russia orders 3 million tons of Argentine animal-feed corn; first delivery January

  

  Russia is interested in purchasing 3 million tons of Argentine animal feed corn to supply its domestic market following the catastrophic drought and fires suffered by the country during summer months in the northern hemisphere.

• Thursday, November 25th 2010 - 20:58 UTC

  World corn production slightly lower; lowest inventory in four years

  

  World corn production will be 0.5% lower than forecast last month as reduced U.S. and Brazilian crops result in smaller-than-estimated inventories, the International Grains Council reported on Thursday.

• Thursday, November 18th 2010 - 18:53 UTC

  EU unveils plans for a “greener” 60 billion Euro Common Agricultural Policy

  

  EU farm spending, worth almost 60 billion Euros annually, should no longer be based on previous subsidy levels for farmers, the European Commission has said. But subsidies are still needed to protect Europe's food supplies and rural diversity, it believes.

• Tuesday, November 16th 2010 - 04:47 UTC

  China and Argentina formalize ‘trade peace” and become ‘strategic partners’

  

  President Cristina Kirchner received China's visiting Agriculture Minister Han Changfu on Monday at Government House in Buenos Aires, formally ending a six month trade war that threatened Argentina's standing as the world's leading soybean oil exporter.

• Friday, November 12th 2010 - 13:52 UTC

  As Argentine farming recovers machinery sales soar

  

  Sales of farm machinery in Argentina soared 73% totalling 7.074 units, in the third quarter compared to the same period a year ago and 33.6% over the previous quarter according to the latest release from the Statistics and Census Office, Indec.

• Wednesday, November 10th 2010 - 00:52 UTC

  Soybeans futures at their highest in two years on USDA report on US crop

  

  Soybeans futures settled at their highest in more than two years on Tuesday after the Agriculture Department, USDA, slashed its forecast for the United States soybean production to 3.375 billion bushels from 3.408 billion bushels the previous month.

• Monday, November 8th 2010 - 15:15 UTC

  Argentina anticipates record crop and export surpluses of wheat and corn

  

  Argentina’s Agriculture and Livestock minister Julian Domínguez and representatives from the cereals and oilseed markets coincided that Argentina will have a record crop this 2010/11 season and considerable export surplus of wheat and corn: 5.5 million and 18.5 million tons respectively.

• Tuesday, November 2nd 2010 - 04:33 UTC

  Sunflower comeback in Argentina: planted area forecasted to increase 24%

  

  The area sown with sunflower in Argentina is forecasted to increase 24% this coming 2010/11 season reaching 1.62 million hectares according to Argentina’s Sunflower Association (Asagir) and based on data from the Buenos Aires Cereals market.

• Monday, November 1st 2010 - 05:48 UTC

  New rush of foreign investors, mainly Argentines, to purchase land in Uruguay

  

  Interest in fixed assets, strong commodities’ prices and growing prospects that global demand for food producing land will continue have generated a new rush of foreign investors to buy land in Uruguay.