Corn production in Argentina is likely to drop to 48 million tons in 2020-21 from 50 million tons in 2019-20, the US Department of Agriculture's Foreign Agricultural Service in Buenos Aires said in a report released on Thursday.
Chinese imports of meat and offal totaled 830,000 tons in September, 63% higher than the volume recorded for the same month last year, based on information from Beijing's customs office.
China imported 51,4% more Brazilian soy during September, than in the same month a year ago according to a release from the Chinese Customs on 25 October. Brazil exported 7.25 million tons of oilseed to China in September compared to 4.79 million tons in the same period in 2019, according to the agency.
Brazil expects its 2020-2021 grain harvest to beat the record set by the newly completed season by 4.2%, according to an initial forecast released by the state-owned National Supply Company (Conab).
The owner of the world’s largest meatpacker pleaded guilty in U.S. federal court this week to paying nearly US$ 180 million in bribes to top Brazilian officials in exchange for state-backed financing used to go on a buying spree in the U.S.
The Brazilian government is set to discuss a proposal that would temporarily eliminate tariffs on corn and soy imports from countries outside the Mercosur trade bloc, as recently happened with rice, a staple of the Brazilian diet.
Starting from next year, Switzerland will not allow the export of five hazardous plant protection products already banned in the European country. The Swiss government approved the amendment to the law on chemical substances this week as part of measures to reduce risks associated with toxic chemicals. It added that the move is intended to help protect health and the environment in importing countries, particularly in the developing world.
Brazilian exports of chicken, pork, and beef continue to be in high demand in 2020, according to data from the Brazilian Animal Protein Association (ABPA) and the Brazilian Meat Packers Association (ABRAFRIGO). In September, however, while exports of beef and pork registered a positive performance in relation to the same month of 2019, chicken exports fell 2.3%.
Two months after China said it found residues of Covid-19 in a batch of chicken wings imported from Brazil, Beijing authorities repeated the announcement, but this time in relation to Brazilian beef. Apparently, traces of Covid-19 were detected in beef packaging during an inspection carried out at the Port of Dalian, one of the largest in the country.
Argentina has become the first country to approve the growth and consumption of genetically modified wheat, the country's agriculture ministry announced. The ministry's scientific commission said in a statement released in Buenos Aires that it had approved a drought-resistant variety of wheat in the world's fourth-largest exporter of the crop.