Overview by AgriBrasilis (June 12th to 18th)

Notícias América Latina /News on Latin American agribusiness
Latin American Agribusiness News

Approved distribution of 80% of Special Tobacco Fund, corresponding to 2021/22 season, for 7 tobacco growing provinces. Farmers allege delays in delivery and lack of transparency on the part of the government. (Ministry of Agriculture; Association of Agricultural Producers)

Agricultural machinery sector records best 1st Q of the past decade. 337 machines were sold per week, which represents 25% more than the average of the past 10 years. Combines, tractors and seeders showed the best performance, while the implements category was the only one that showed contraction. (National Institute of Statistics and Census of Argentina)

Estimative of wheat production in the Córdoba region indicates 20% decrease in area, with a projection of 991 thousand hectares. Lack of moisture was the main reason for the reduction. (Cordoba Cereal Exchange)

French company RAGT acquired 100% of Tobin SRL, processor and producer of corn, sorghum and sunflower seeds, with the objective to have a position in the hybrid seeds market. (Tobin SRL)

Beef consumption decreases to the lowest level in a century, down to 47.8 kg per capita annually, motivated by economic crisis and change in the population’s consumption habits. Decline is associated with falling per capita GDP. (Rosário Stock Exchange)

Rice harvest in the State of Rio Grande do Sul reaches 7.7 million tonnes in 2021/22 harvest. 96% of the planted are were harvested, which means that 30,176 hectares were lost. (Rio Grande do Sul Rice Institute)

Embrapa and Fundação Bahia announce new cotton variety BRS 437 B2RF resistant to ramularia fungus (Ramularia areola). Seeds will be available to farmers in the next season. (Embrapa; Fundação Bahia)

Mata Nativa Br, specialized in the forest preservation market, donated an area of 1,197 hectares of forest to expand Carlos Botelho State Park, in the Southeastern region of the State of São Paulo. (Fundação Florestal)

Operation “Malha Fina” started in the State of Tocantins with the objective of curbing predatory fishing in Lago de Palmas and other water courses in the state. (Tocantins Nature Institute)

Corteva Agriscience is elected one of the best companies for workers from the LGBTI+ community in Brazil, according to the survey of the Human Rights Campaign Foundation’s “Global Equity Program at Work”. (Corteva Agriscience; HRC)

Vittia Fertilizantes creates a common share buyback program. Number of shares to be acquired under this program will be limited to 2 million common shares representing 1.3981% of the total issued by the company and 3.9365% of the total free float. (Vittia Fertilizantes)

In natura beef exports reached US$ 4.6 billion in May. Volume is 15.3% higher compared to the same period of 2021. (Scot Consultoria)

Judicial decision limits agricultural auditors strike. Must be resumed health surveillance and certification activities; inspection of food, products and animal derivatives; and international agricultural surveillance. (Union of Federal Agricultural Tax Auditors)



 

First 50 date palms reproduced in vitro in the country were planted in Santa Rosita oasis, Tarapacá region, after having completed quarantine, rooting, acclimatization and growth in Casablanca, Valparaíso. Until now, Chile had no more than 30 pants of the variety. Project is supported by Foundation for Agricultural Innovation, in partnership with the company Kelümilla and Arturo Prat University. (FIA; Kelümilla; UNAP)

Kiwifruit harvest ends with lower volumes than initially projected, in addition to smaller fruits compared to 2021. Harvest faced complex logistics, with delays in waiting at ports, high costs and inflation. Shipments of kiwi exports so far have reached 65,432 tonnes, approximately 15% less than the previous year. (Kiwi Committee)

Grupo Ferrero announces new hazelnut processing plant in the Ñuble region, with an investment of US$ 50 million, aiming to double current production of hazelnut-based products. (Ferrero Group; Ministry of Agriculture)

Exports of agricultural sector grew 30%, totaling US$ 4 billion in April. Main products were coffee, banana, cocoa, tilapia and mango, among others. USA was the main purchaser of Colombian products, with a share of 39.2% in the country exports. (Ministry of Agriculture)

Arrival of ammonium sulfate shipment, containing 6,700 tonnes. Expectation of shipments of over 250 thousand tonnes in the coming days causes 30% drop of fertilizer prices. Government commits to import 1 million tonnes until the end of the year. (Secretary of Agriculture)

Country signs Joint Declaration of Agricultural Exporters agreement, together with Brazil, Argentina, USA and Canada, committing to increase production of food and fertilizers. Objective is to increase food supply to maintain price stability in the context of the conflict between Russia and Ukraine. Declaration was adopted during the Summit of the Americas held in Los Angeles. (Summit of the Americas)



 

Possible occurrence of cassava shortage due to diseases caused by high soil moisture, mainly affecting plants destined for industrialization. Major concern is the occurrence of anthracnose, caused by Colletotrichum spp., which it causes plant stems to rot. (La Nación)

Economic activity continues to decline, with an annual variation of -6.2%, but there are positive performances in power generation, due to the increase in flow of the Paraná River, and in the livestock sector, with higher slaughter of cattle and swine. Soybean production fell sharply as a result of adverse weather conditions, mainly drought. (Monthly Indicator of Economic Activity)


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