Agriculture

• Tuesday, November 22nd 2022 - 09:55 UTC

  With Argentine wheat crop failing, Brazil appeals to Russian grain, but it has its problems

  

  A severe drought, followed by several episodes of frost, is expected to reduce Argentine wheat harvest by 40% from initial estimates to around 11/12 million tons, which is expected to have an impact on the Mercosur partner Brazil.

• Monday, November 21st 2022 - 10:19 UTC

  Black Sea corridor for Ukraine grain exports renewed; Russia expects similar conditions for its fertilizers

  

  The UN and Turkey-sponsored deal aimed at easing global food shortages by facilitating Ukraine’s agricultural exports from its southern Black Sea ports was extended for 120 days last Friday, though Moscow complained that its own demands had not been fully addressed.

• Monday, November 21st 2022 - 10:13 UTC

  Brazilian 2022 exports of soybean estimated to reach 78 million tons, and corn some 40 million tons

  

  Brazil’s soybean exports are expected to reach 78 million tons this year, 9.3% down from 86.3 million tons in 2021, according to the grain exporters’ association Anec. But the figure is 2.5 million tons higher than the previous 75.5 million tons estimate for full-year soybean shipments.

• Tuesday, November 15th 2022 - 10:01 UTC

  UK, US, EU discussing continuation of Black Sea Grain Deal with Russia

  

  UK Foreign Secretary, High Representative of the European Union, and US Secretary of State gave a statement on global food security and Russia sanctions. The statement follows on Russia's complaints that it saw no progress on easing its exports of fertilizers and grain – parts of the Black Sea grain deal that Moscow views as fundamental to extending the initiative beyond next week.

• Tuesday, November 15th 2022 - 09:00 UTC

  World's largest meat producer slowdown begins to reflect in Mercosur cattle prices

  

  Brazil’s JBS SA, the world’s largest meat producer reported last Friday that quarterly profit plunged 47.1%, with results still beating analysts’ estimates as higher revenues helped offset shrinking margins in its U.S. beef division.

• Monday, November 14th 2022 - 09:58 UTC

  Argentina expected wheat production down drastically because of drought

  

  The 2022/23 wheat harvest forecast in Argentina has been cut to 11.8 million tons, down from 13.7 million tons previously, the Rosario grains exchange said in its latest report, warning it could fall further amid a protracted drought that is causing great losses for farmers and foreign currency short Argentina.

• Wednesday, November 9th 2022 - 22:32 UTC

  Exports of Chilean fruit looking at bright future ahead

  

  Chile's Federation of Fruit Producers of Chile (Fedefruta) has reported exports this season could be “very good for everyone,” thanks to favorable weather, it was reported Wednesday.

• Wednesday, November 9th 2022 - 10:34 UTC

  Lawmaker criticized that Argentine national team travels to Qatar with Uruguayan yerba mate

  

  Argentine opposition Congressman Luis Mario Pastori of the Radical Civic Union (UCR), a party forming the Together for Change (Juntos por el Cambio - JxC) coalition, Tuesday noted on social media that the Argentine national football team taking part in the upcoming World Cup finals in Qatar had not prioritized home-made products.

• Wednesday, November 9th 2022 - 10:19 UTC

  Slower Chinese demand impacts on Brazilian soybeans sales and beef prices

  

  The Chinese economy is slowing down, the Yuan is weaker against the US dollar and Beijing is insisting with complete lockdowns in many cities because of Covid 19 or respiratory diseases, reducing considerably activity and consumption.

• Wednesday, November 9th 2022 - 10:13 UTC

  Ukraine grain exports down 30,7% compared to a year ago

  

  Ukraine has exported 14.3 million tons of grain so far in the 2022/23 season, down 30.7% from the 20.6 million tons shipped overseas at the same stage of the previous season, agriculture ministry data showed on Monday.