The Union of Production Guilds Paraguay Wednesday said it foresaw 2022 will be a tough year for the agricultural sector due to the current drought which will mean, among other setbacks, the worst soybean harvest in the last 25 years, or US $ 2 billion less to the country's economy.
Several Asian countries have suspended the import of Canadian beef, following a case of mad cow disease. China, South Korea, and the Philippines have temporarily halted imports of Canadian beef where an “atypical” case of bovine spongiform encephalopathy (BSE), commonly known as mad cow disease, was reported.
Brazil managed a US$ 61,01 billion surplus in its trade balance in 2021, which is 21% higher than the US$ 50 billion of 2020 and the best performance since current stats were officially recorded beginning 1989.
Argentina has recorded a 4.8% decline in meat consumption per inhabitant despite caps on exports imposed by the administration of President Alberto Fernández, which allegedly sought to prioritize the domestic market.
Paraguay's Agriculture Ministry has announced between 6 and 7 million tons of soybeans were to be harvested this season against the original projections of 10 million due to the unprecedented weather conditions.
The request from indigenous peoples in the south of Chile and dozens of domestic and international NGO organizations banning salmon farming in nature-protected areas was again frozen in the Chilean congress and will have to wait for its consideration in the following legislature when the next government takes office.
Guyana's exports for the year 2021 of approximately 434,535 tons of rice, paddy, and its by-products meant US $ 201 million in revenues, according to Agriculture Minister Zulfikar Mustapha, after new export markets such as the British Virgin Islands (BVI) as well as Estonia and Slovenia were added to the list of buyers.
Colombian President Iván Duque has signed into law the new initiative which applies 0% tariffs on imports of inputs for agriculture and livestock production while creating a fund to benefit small and medium local businesses. The measure seeks to lower costs for medium and small farmers, in addition to encouraging the use of environmentally friendly inputs.
World food prices fell slightly in December as international prices for vegetable oils and sugar fell significantly from lofty levels, the Food and Agriculture Organization of the United Nations, FAO, reported.
The hydric deficit and above-average temperatures in southern Brazil and southern Mato Grosso do Sul, prevailing since November have significantly damaged the 2021/22 soybean crop. Brazil’s estimated harvest has been lowered by 11.3 million tons to 133.4 million tons, according to a new survey released this week by AgRural.