
South American grain and oilseed production may be in jeopardy from the formation of a La Niña weather pattern, which might curb rainfall in parts of Brazil and Argentina, Oil World said.

President of Brazil, Dilma Rousseff, congratulated President Cristina Fernández de Kirchner, CFK, on Tuesday, following the results of the primary elections on Sunday in which she led by over 50 points.

Argentina's official inflation was up to 0.8% in July, the government reported on Monday, but private analysts said the real rate was about double that.

Argentina's industrial activity in June rose 9.3% on the year led by automobile production, according to manufacturers association UIA (Argentine Industrial Union).

Forensic studies conducted on the DNA samples found on the bodies of the two murdered French tourists in the Argentine northern province of Salta matched the samples extracted from one of the suspects in the double murder case.

Chile's Luksic family group plans to buy Royal Dutch Shell Plc's assets in Argentina, which include service stations and the country's second-biggest oil refinery, financial daily Ambito Financiero reported on Monday.

Argentine President Cristina Fernandez de Kirchner was by far the undisputed winner of Sunday’s first-ever simultaneous national primary elections after she was the most voted presidential candidate in all provinces except for San Luis, where the votes went to Alberto Rodríguez Saá.

The coming 2011/12 wheat crop of Argentina will reach 13.5 million tons instead of the 15 million forecasted last July, reported the US Agriculture Department, USDA.

Argentine President Cristina Fernandez de Kirchner, CFK, won a landslide support Sunday at the unified simultaneous national primaries having collected more votes than the rest of the presidential candidates for next October 23.

The police from the Argentine province of Salta arrested on Sunday the eighth suspect in connection to the killings of the two French tourists raped and murdered in Quebrada de San Lorenzo last month.