
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.

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.

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.

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.

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.

Brazil maize exports reached almost 32 million tons in the first ten months of the year, which is more than double the volume shipped in the same period in 202, (14,5 million tons), according to the country's National Association of Cereal Exporters, ANEC.

An Uruguayan team has successfully persuaded would-be buyers at the 5th China International Import Expo (CIIE) in Shanghai of the benefits of a healthy diet containing beef from the South American country.

Brazilian meatpackers, large and small, have seen a drop in exports during October, which have been considerably slower than during the month of September. Shipments dropped some 43,000 tons, particularly to China, which has caused certain unrest, because the Asian giant has long become Brazil's (and Mercosur) main export market.

Russia has finally agreed to resume the agreement allowing safe passage of Ukrainian crop exports, abruptly reversing course after Turkey and the United Nations pushed ahead with the shipments over Moscow’s objections.

Brazil will need alternative wheat sources because Argentina, its traditional supplier, is facing a serious crop insufficiency as a result of a serious drought that has curtailed production and compromised export volumes. Market analysts expect Brazil will thus have to look for supplies in potential providers such as the United States, Canada and even Russia.