Agriculture

• Monday, June 27th 2011 - 06:30 UTC

  Food inflation in Latam and Caribbean averaged 7.4% in May

  

  The inflation for food items in Latin America and the Caribbean reached 7.4% in May, according to FAO. The sharp rise in the regional prices was attributed to an even sharper increase in food prices which on a world wide basis rose 37% in May compared to world food prices in May 2010, the FAO said in a report from its regional headquarters in Chile.

• Monday, June 27th 2011 - 06:19 UTC

  Argentina’s soy bean crop will represent 8bn USD in levies for the Treasury

  

  Soy export taxes for the 2010/2011 crop will represent 8 billion US dollars for the Argentine Treasury compared to 6.3bn in the previous season, according to estimates from the country’s Ministry of Agriculture and Livestock.

• Friday, June 24th 2011 - 19:08 UTC

  Argentina’s trade surplus in May rose 29%; imports soared 39%

  

  Argentina's trade surplus in May rose 29% from the previous month, thanks to high prices for the country's exports of grains and manufactured goods, the national statistics agency said Thursday.

• Thursday, June 23rd 2011 - 22:28 UTC

  Paraguay’s economy expands 4.6% in first quarter; down 0.7% from previous quarter

  

  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.

• Thursday, June 23rd 2011 - 22:17 UTC

  In spite of Asian rust and GSS, Paraguay confirms record crop of soy beans

  

  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.

• Thursday, June 23rd 2011 - 18:04 UTC

  G20 farm ministers agree to boost output and food market transparency

  

  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.

• Wednesday, June 22nd 2011 - 23:33 UTC

  G20 agriculture summit to discuss food security and regulating global markets

  

  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.

• Tuesday, June 21st 2011 - 03:46 UTC

  A million acres estancia in north-west Argentina on sale

  

  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.

• Tuesday, June 21st 2011 - 03:21 UTC

  Argentine-Italian group invests in RD for the Brazilian oil industry

  

  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.

• Tuesday, June 21st 2011 - 02:38 UTC

  Brazil targets 5% increase for next crop and loans 67bn USD to farmers at zero rate

  

  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