
The ninth edition of the Brazilian Fertilizer Congress, organized by ANDA, (Brazilian National Fertilizers Organization) underscored the main difficulties faced by the agriculture sector in having access to fertilizer at a time of global logistics chaos caused by the Covid-19 pandemic and Russia’s invasion of Ukraine.

Ukraine’s grain exports have slumped significantly since Russia invaded the country and closed off its Black Sea ports, pushing up global food prices and prompting fears of shortages in Africa and the Middle East.

With financial support from the Global Environment Facility (GEF), FAO’s Livestock and Climate project approached producer organizations in Uruguay to assess the situation of individual farms and help implement climate smart strategies that not only enhance meat production but also encourage the re-growth of vegetation and the return of biodiversity.

A new agreement to facilitate exports from the Brazilian agribusiness sector to China has been described by market experts in Sao Paulo as crucial to inaugurating the “biggest era of market openness in the last ten years” between the two countries.

Uruguay's Livestock Minister Fernando Mattos Tuesday highlighted that his country had surpassed US$ 2 billion in beef exports and that projections for the end of the year showed record figures. Mattos also recalled that in 2021 US$ 3 billion worth of meat were exported.

Argentine Micro, Small and Medium-sized Enterprises (MSMEs) have reached peak export figures during the first semester of 2022.

Unfounded animal health risk assessments continue to hamper the global meat trade, the director of institutional affairs at Brazilian beef processor Minerva BEEF3.SA, Joao Sampaio, said. He mentioned Turkey, which refuses to import beef from Brazil but does buy live cattle from the country.

Mercosur is again consolidating as the leading global exporter of beef with shipments of almost 1,8 million tons during the first half of the year, according to primary information from different sources. Brazil, Uruguay, Argentina and Paraguay in that order were the main suppliers.

The benchmark for world food commodity prices declined significantly in July, with major cereal and vegetable oil prices recording double-digit percentage declines, the Food and Agriculture Organization of the United Nations (FAO) has reported.

London’s insurance industry is gearing up to cover Ukrainian grain and fertilizer shipments via a safe corridor, which could require up to US$50 million per insured cargo, industry sources said this week.