
Argentina's wheat crop continued to remain under pressure amid growing unfavorable weather conditions, which are casting doubts of further crop loss. Wheat planting in Argentina was 100% completed in the week to Aug. 19, but recent frost conditions, with variable intensity, have hit most parts of its key wheat regions, rendering current growth conditions unfavorable for the crop, the Buenos Aires Grain Exchange said in its report released on Aug. 20.

Following China's claims to have found traces of the new coronavirus in chicken wings from Brazil, the two countries are in negotiations to establish a protocol to prevent contamination of Covid-19 in slaughterhouses that export to the Asian largest economy.

Chinese importers have started to practice “wash out” with Argentine soy oil contracts, which is having an impact on the local industry.

A sample of frozen chicken wings imported into the southern Chinese city of Shenzhen from Brazil has tested positive for coronavirus, the city government said on Thursday, raising fears that contaminated food shipments could cause new outbreaks.

Brazil's National Supply Company (Conab) said the current wheat crop (2019/20) has the potential to be a record. As a result, Brazilian cereal imports should fall. The agency believes that production should reach 6.8 million tons, 21.2% more than in the previous harvest.

A single BRF SA unit accounted for about 29% of COVID-19 cases at slaughterhouses in Brazil’s Parana state, according to the most recent data available, underscoring the challenges for stemming outbreaks at meat plants.

According to the Brazilian Association of Animal Protein, (ABPA), in July, Brazilian pork exports (both fresh and processed) totaled 100,400 tons – 47.9% higher than in the same period of 2019, with 67,900 thousand tons. In revenue terms, the total balance of July reached US$203.1 million, a figure 37.3% higher than that registered in July last year, at US$147.9 million.

Data released on Monday by Brazil' Foreign Trade Secretariat (Secex) indicates that corn exports reached 2 million tons in the first week of August and exceeded soybean shipments in this period.

Food processor JBS SA is hiring 5,200 additional workers in Brazil, seeking to boost output in a key export base while fending off the threat of the novel coronavirus, which disrupted some its plants in the second quarter.

Brazilian beef exports including fresh and processed products reached a monthly record of 194,093 tons during July, up 17% from the same month a year ago, according to the Brazilian Slaughterhouse Association (Abrafrigo).