Brazil expects to harvest bumper soybean and corn crops in spite of planting and harvesting delays in 2020. A drought late last year delayed sowing of Brazil’s soybeans, and excess rainfall disrupted harvesting in January. This delayed delivery of grain to trading companies and affected Brazil’s ability to export.
Despite a recent accord with the government regarding corn exports, Argentine farmers are again on alert following statements from officials who did not rule out the possibility of increasing taxes on food exports as part of its effort to control high inflation.
Argentine wheat exports during December 2020 dropped 52% compared to the same month of 2019, the lowest level in the last five years. The cereal revenue was also the lowest in five years, according to information from the local portal Agrofy.
Argentina is worried about domestic food prices and inflation, and as it happened a few weeks ago with an attempt to ban corn exports, a similar situation apparently is happening with wheat, and the different actors involved are working on measures aimed at securing the wheat supply and reasonable bread and pasta prices.
Brazilian meatpacker JBS SA announced that China has lifted bans on two meat plants imposed in 2020 over coronavirus concerns.
For the fourth day running independent teamsters are blocking roads in Argentina as part of a protest over what they describe fuel prices, exorbitant taxes, and highway tolls. The lockdown threatens the export of grains and oilseeds, CIARA-CEC the industry chamber said.
The states of Sao Paulo and Mato Grosso led Brazilian beef exports in 2020, a record year for the country with total sales of 2,016 million tons. Data from SECEX (the Brazilian foreign-trade secretariat) compiled by ABRAFRIGO (the Brazilian meatpackers association) point out that São Paulo shipments totaled 439,900 tons, or 21.8% of the total, while shipments from Mato Grosso reached 407,700 tons or 20.2% of the total.
The suppliers of the Falkland Islands Meat Company (FIMCo) will be eligible for assistance through an FIG scheme, it was announced through a press statement on January 7. The support is in the form of £10 of compensation from FIG per head of mutton which cannot be processed by FIMCo, but does not make payments for cull sheep.
Argentina has lifted a suspension on corn exports announced in December and will opt instead for a temporary 30,000 tons daily cap on sales abroad, its agriculture ministry said on Monday, backing off the more restrictive measure that had infuriated farmers in the South American grains powerhouse.
An investigation published this week showed six Brazilian meatpacker firms bought cattle from ranches that used slave labor. Labor experts suggested on Wednesday that the firms must clean up their supply chains.