
Argentine farmers have halted sales of wheat, corn and soy in a strike over export curbs, rekindling a dispute that helped drive global grains prices to record highs three years ago.

Corn and soybeans advanced for a second day as dry weather stressed crops in Argentina, raising concerns the global deficit may be larger than estimated.

The United Nation's Food and Agricultural Organization, FAO, global food prices index reached a record high in December, 2010 reported the organization this week. The FAO food index tracks a basket of 55 key food commodities including items such as wheat, cooking oil and fats and sugar.

The Uruguayan government declared Thursday an “agriculture state of emergency” because of the drought situation to the north of the country. The declaration opens the way to grant small farmers government support.

Soybean growers in Brazil, the world’s largest producer after the U.S., may harvest more of the oilseeds next year than the government estimated earlier this month, Agriculture Minister Wagner Rossi said on Wednesday.

Between Jan and Oct 2010, 83 of the top 100 Chilean wineries increased their sales of bottled wine. According to figures from Wines of Chile, 68 of these wineries increased sales by more than 10%. Exports have increased by 11.7% compared to figures during the same period in 2009.

When you dive into that salad full of lettuce grown in the United States West, there’s a good chance you are enjoying the product of irrigation from an underground water source. These hidden groundwater systems are precious resources that need careful management, but regulatory groups have a hard time monitoring them, owing to a lack of accurate data.

Senators representing agricultural parts of Chile strongly criticized the Central Bank and President Sebastian Piñera this week for turning a deaf ear to the “social, cultural and economic problems” created by the falling value of the US dollar, now hovering at 470 pesos to the dollar.

The National Agriculture Society (SNA) this week predicted 2 to 4% growth in 2011 for Chile’s agriculture-based industries, compared to this current year’s dismal 1.9% growth.

The European Commission Agriculture and Fisheries Council meets Monday in Brussels to begin the discussion process of the Common Agriculture Policy proposals recently set out. In the fisheries chapter the Council is expected to reach a political agreement on two regulations fixing the fishing opportunities for 2011 regarding certain fish stocks and groups of fish stocks applicable