Agriculture

• Friday, February 7th 2025 - 07:13 UTC

  Brazil needs to purchase 3,5 million tons of wheat, despite higher yields in domestic production, says CEPEA

  

  Wheat production 2024/2025 in Brazil fell by 2.6% compared to the previous year, with the National Supply Company (Conab) forecasting a harvest of 7.89 million tons in 2024. This also represents an 11.9% reduction in the cultivated area, which shrank to 3.06 million hectares.

• Thursday, February 6th 2025 - 10:07 UTC

  Brazil: Coffee price expected to remain high

  

  The Brazilian Coffee Industry Association (ABIC) said it expects prices to continue rising in the coming weeks, at least until this year's harvest, which begins around April or May, due to recent adverse weather coupled with increasing global consumption boosted by exports to the newest customer: China.

• Tuesday, February 4th 2025 - 05:17 UTC

  FAO’s 80th anniversary to be celebrated during the Chinese Year of the Snake

  

  FAO Director-General QU Dongyu led the celebration of the Chinese Lunar New Year at the organization's headquarters in Rome marking the beginning of the Year of the Snake. The event carried special significance this year as it coincides with FAO’s 80th anniversary, prompting reflections on past achievements and future aspirations.

• Wednesday, January 29th 2025 - 20:07 UTC

  Financial scandal in Uruguay: Conexión Ganadera and the model that ended up as a Ponzi scheme

  

  The collapse of Conexión Ganadera, one of Uruguay's leading cattle investment firms, has left hundreds of savers in suspense after it was revealed that its financial model operated as a Ponzi scheme. This was stated by accountant Ricardo Giovio, hired by the company to evaluate its situation.

• Tuesday, January 21st 2025 - 10:45 UTC

  Argentina records foreign trade surplus in 2024

  

  Argentina posted last year its highest nominal trade surplus in two decades, according to a National Institute of Statistics and Census (Indec) report released Monday in Buenos Aires. The document showed a US$ 18.9 billion positive outcome which contrasted with the US$ 6.925 billion deficit the year before.

• Thursday, January 16th 2025 - 14:04 UTC

  FMD case in Germany, UK bans all imports of meat and dairy from EU and EFTA

  

  The UK Government has stepped up measures to prevent the spread of Foot and Mouth Disease (FMD), following a case being confirmed in Germany. This means the commercial import of cattle, pigs, sheep, deer, buffaloes and their products such as meat, and dairy from Germany will now be banned to protect farmers and their livelihoods.

• Wednesday, January 15th 2025 - 08:47 UTC

  Brazil’s 2024/25 harvest production estimated to reach 322.2 million tons, with soy exports of 105 million tons

  

  Brazilian farmers should harvest 322,2 million tons of grains from the 2024/25 crop, representing an 8,2% increase over 2023/24, equivalent to an additional 24.5 million tons, according to the latest estimates from Conab, the county’s National Supply Company.

• Thursday, January 2nd 2025 - 07:29 UTC

  Chinese meat industry and farmers complaining about surging Mercosur imports

  

  Chinese farmers and meat industry associations are complaining about the surge in foreign beef imports and the Ministry of Commerce has promised an investigation into the situation, according to Beijing government sources.

• Tuesday, December 31st 2024 - 10:55 UTC

  La Niña projected to take its toll in the Southern Cone

  

  Meteorologists foresee that the La Niña weather phenomenon will not go unnoticed in the Southern Cone next year after the Brazilian agency Metsul reported signs of unusual activity in the Pacific Ocean. The main impact will be reflected in mercurial temperatures, MetSul's warning noted.

• Friday, December 27th 2024 - 06:24 UTC

  Russia’s influence on the world wheat market, a problem for Argentina’s exporters

  

  Despite declining international wheat prices, Russia has been exporting wheat at record levels this season, ahead of a quota set to take effect on February 15. The quota is part of the government’s strategy to bolster domestic supply and curb inflation, which currently stands at 9.5%.