Agriculture

• Tuesday, March 15th 2022 - 09:50 UTC

  Mercosur and associate members want fertilizers off Russia's sanctions list

  

  Mercosur country members plus associate Chile and Bolivia (in the process of joining the block) want fertilizers excluded from the list of sanctions on Russia, according to Brazilian Agriculture minister Tereza Cristina da Costa Dias.

• Tuesday, March 15th 2022 - 09:39 UTC

  The IMF understanding does not solve Argentina's problems, “it's only a breathing space”

  

  Gustavo Grobocopatel, one of Argentina's most successful farming businesspeople said that the understanding reached with the IMF does not solve the country's problems, IMF merely agreed “to kick the can down the road” and give Argentina time to change its production matrix.

• Tuesday, March 15th 2022 - 09:38 UTC

  Ecuadorian banana producers seek declaration of emergency

  

  Ecuadorian banana producers in the coastal provinces of Guayas, Los Rios, and El Oro, have staged road blockades demanding the government to step in and purchase the surplus resulting from Russia's military operation in Ukraine.

• Monday, March 14th 2022 - 20:39 UTC

  Argentine gov't eyes soybean exports as a source of financing

  

  The government of Argentine Sunday decided to shut down all registrations for new soybean oil and soybean meal exports “until further notice,” it was announced. Authorities are also said to be planning a 2% rise to export taxes of industrial by-products, to level it up with the 33% charged to soybeans.

• Friday, March 11th 2022 - 09:43 UTC

  Ukraine suspends exports of cereals to avoid a “humanitarian crisis”; strong IMF financial support

  

  Ukraine’s government has suspended rye, barley, wheat, millet, and salt exports until the end of the year, while new rules for overseas sales of corn, buckwheat, sugar, live cattle, and meat have also been established.

• Friday, March 11th 2022 - 09:00 UTC

  Brazil outlines 30-year plan to cut fertilizer overseas dependency

  

  Agricultural power Brazil faced with an insufficient stable supply of fertilizers for its farmers, and given the current volatility of international prices because of the war in Ukraine has made public the goals of its National Fertilizer Plan, which includes some sharing with Mercosur partners.

• Wednesday, March 9th 2022 - 09:56 UTC

  Severe drought impacts on Argentine corn and soybean crop estimates

  

  Argentina’s corn 2021/22 crop has now been estimated at less than the 48 million tons of just a few weeks ago, according to the Rosario grains exchange, because a severe drought has slashed yields. Likewise with soybeans first estimate of 40,5 million tons.

• Tuesday, March 8th 2022 - 09:11 UTC

  FAO food price soars in February but profit margins are squeezed by energy, fertilizer and feed costs

  

  The benchmark gauge for world food prices went up in February, reaching an all-time high, led by vegetable oils and dairy products, the Food and Agriculture Organization of the United Nations (FAO) has reported.

• Friday, March 4th 2022 - 18:40 UTC

  Fertilizer emergency in Brazil: plan to cur dependency and promote production

  

  Brazil will be launching this month an ambitious national plan to stimulate investment in the country's fertilizer industry, cutting on foreign dependency now worsened by the Ukrainian war and shipping difficulties.

• Tuesday, March 1st 2022 - 09:15 UTC

  What will happen in the world wheat market if the Russia/Ukraine conflict is not over by June

  

  The Russian invasion of Ukraine has also caused major disruptions in the agricultural commodities' markets with soaring prices for wheat, corn, soybeans... and much speculation.