European Union Agriculture ministers will be debating Monday on the impact of Mercosur/EU trade negotiations and the overall EU farm sector competitiveness.
Corn futures rose to a two-month high on mounting demand from China, the world’s second-biggest consumer.
Paraguayan meat sales increased 47% in value during the first four months of 2010 compared to the same period a year ago, totalling 295 million US dollars (USD), according to the country’s Food Quality and Animal Health Service, Senacasa.
Mercosur rice planters will be meeting to decide a Brazilian proposal to increase the common external tariff thus preventing the introduction of rice from third countries, precisely this year when Brazil’s crop is expected to be below average.
France and six other countries expressed concern before the European Union about the competition consequences for the farm sector in the event of an agreement with Mercosur.
Farmers in Brazil have teamed up to drill an area the size of New York for phosphate-based fertilizers, seeking to cut dependency on producers including Vale S.A. (NYSE:VALE) and Mosaic Co. (NYSE:MOS) after prices surged.
The current sugar harvest is Cuba’s worst since 1905, according to Communist Party daily Granma. The news comes two days after President Raúl Castro fired the minister responsible for the area amid increasing rumours that foreign investors will be invited to take over the industry.
After the European Commission proposed the resumption of negotiations with Mercosur, France released a warning message to the European Commission and assured that—if the talks are reactivated—both French and European agriculture would be in danger of a potential damage.
France’s main farmers’ organization, FNSEA, called Wednesday on President Nicolas Sarkozy to pressure upon the European Community to impede the re-launching of negotiations for a free trade agreement with Mercosur
Chilean Agriculture Ministry José Antonio Galilea announced this week plans to introduce legislation to regulate and permit the cultivation of genetically modified (GM) crops in Chile.