Tag: Argentina soybean

• Monday, June 20th 2016 - 08:41 UTC

  Argentina estimates more corn and less soybeans for 2016/17

  

  Argentina's Agro-industry minister Ricardo Buryaile estimated the 2016/17 corn crop should reach 52.9 million tons, given a 20% increase in the area planted, which will be in detriment of soybeans. The last crop of corn, 2015/16, was 37.9 million dollars.

• Thursday, June 2nd 2016 - 14:09 UTC

  Monsanto and Argentina closer to an agreement on exports inspections dispute

  

  Monsanto Co., eager to get royalties from growers in Argentina on genetically modified soybeans, said on Wednesday it was still trying to resolve a dispute with the government over inspections, while an agricultural ministry source said a deal may be reached in the coming days.

• Friday, May 20th 2016 - 10:28 UTC

  Argentina expected to export 25% fewer soybeans because of the extensive floods

  

  Argentina could export up to 25% fewer soybeans this year than last, analysts said, after severe rains left many fields underwater, damaging oilseed quality. In April, floods inundated key farm areas of Argentina, the world's third-biggest exporter of raw soybeans, prompting the U.S. Department of Agriculture to slash its forecast for soybean output to 56.5 million metric tons this year.

• Friday, December 4th 2015 - 05:07 UTC

  Agriculture can boost production by 40%/50% with measures announced by Macri's team

  

  Gustavo Grobocopatel, head of the agro-business Grobo group anticipated that with the measures announced by the team of president elect Mauricio Macri and to be implemented from next 10 December, Argentina's grains and oilseed crop “it going to increase by 40% to 50%”, meaning dollars for industry, jobs and services.

• Saturday, November 21st 2015 - 08:09 UTC

  High expectations in Argentina of a record soybean sowing in 2015/16

  

  Argentina's much-watched soybean sowings will set a record this season, but the country is heading for a weaker wheat harvest, despite ideas of “very good” yields, the country's farm ministry said. In its first estimate the ministry said soybean sowings for 2015-16, pegged area at 20.6m hectares, a rise of 800,000 hectares year on year.

• Thursday, November 5th 2015 - 05:51 UTC

  Argentine farmers hold on to their crops waiting for electoral promises, but 'dry' central bank reserves

  

  Argentina's election season has dramatically changed the agricultural landscape in the country, one of the world's breadbaskets. Exporters are now more confident than ever that profits will soar next year, creating a short term impact of plunging sales abroad and reduced cash-flow in the Argentine Central Bank’s coffers, although that could change in 2016.

• Monday, August 10th 2015 - 07:20 UTC

  Pope Francis criticizes destruction of forests to plant soy bean

  

  Pope Francis criticized the destruction of forests in order to plant soy in an interview with an Argentine radio station on Saturday, reinforcing his message that the environment should take precedence over financial gain.

• Sunday, June 28th 2015 - 10:22 UTC

  Argentina's economy picks up 1.1% during first quarter compared to a year ago

  

  Argentina's GDP increased 1.1% during the first three months of 2015 compared to the same period last year, boosted by the domestic market and growths in the agricultural and construction sectors, the official Indec statistics bureau has revealed. This is the second quarter running that records an advance, following a drop in last year's third quarter.

• Monday, June 1st 2015 - 07:42 UTC

  Argentina's soybean crop forecasted to be comfortably above 60m tons

  

  Surprising Argentina: with over 90% of the soybean crop harvested, (approximately 17.2 million hectares), the Buenos Aires Cereals Stock exchange has again risen the total 2014/15 crop estimate to over 60 million tons.