Estimate for Brazil’s national agricultural production is of 261.7 million tonnes in 2022
Increase of interest rates by Central Bank after the creation of “soybean dollar” by the Ministry of Economy. The objective is to adjust liquidity because of the expected inflow of funds caused by the new exchange rate measure. (Central Bank of Argentina)
Fire in the Oliva region, in Córdoba, spread for more than 10 km, reaching a silo containing the reserves of corn for animal feed at the La María dairy. (La María)
Sold 3.1 million tonnes of soybean in the first three days of the “soybean dollar”. This represents 56.36% of exporters’ forecast for both new business and those started in previous days, but prices were yet to be fixed. (Rosario Stock Exchange)
Cotton harvest finished in most regions in the State of Goiás, 97.37% of the planted area. So far, 76.41% of the cotton in the State of Goiás has undergone processing. In the State of Mato Grosso, the 2022/23 cotton harvest ended and approximately 42.68% of production was processed. (Cotton Incentive Fund in Goiás; IMEA)
Dairy farming in the State of Mato Grosso is still affected by the weather and absence of rain should continue to impact production. Prices paid to farmers are expected to decline in the coming months. (IMEA)
Startup Hakkuna built a biofactory in the city of Piracicaba, State of São Paulo, dedicated to raising crickets for commercialization in natura and of its derivatives as food. Main manufactured products are snacks, protein flour, natural bars and dehydrated crickets. Another startup, NOVO, in the State of Minas Gerais, started production of 100% plant-based foods, including “powdered omelet” and egg substitutes. (Hakkuna; NEW)
Estimate for national agricultural production is of 261.7 million tonnes in 2022. Harvested area is 73 million hectares, which represents an increase of 6.5% compared to 2021. (IBGE)
Financial institutions consulted by the Central Bank through Focus survey reduced from 5.27% to 5.17% the forecast of inflation measured by the Extended National Consumer Price Index in 2023. Forecast of 11.25% for the Brazilian federal funds interest rate was maintained. “We should have a new deflation of gasoline and ethanol, and that should guarantee another deflation (of the full index)”, said Flávio Serrano, chief economist at Greenbay Investimentos, about the expectations for September. (Central Bank; Greenbay Investimentos)
Approximately 20 entities representing soybean farmers from the State of Mato Grosso signed an open letter against the decision of the State Court of Justice regarding the change in the sowing calendar, that reduces soybean sowing calendar from February 3rd, 2023 to December 31st, 2023. The injunction was requested by the state directory of the Workers’ Party on the grounds that there are no studies that assure that the extended planting interval cannot bring risks to soybean cultivation and, consequently, to the State. (Rural Union of Tapurah, Rural Union of Carlinda, Rural Union of Sorriso)
Colombia sends first Hass avocado shipment to Chile, containing 22.5 tonnes, through Westfalia Fruit Colombia. Avocados were produced in Sonsón, in the region of Antioquia. In 2021, Chile imported different varieties of avocado, worth US$ 126 million, being the second largest consumer of the fruit in the world. Colombian avocado exports in the period reached US$ 109.6 million. (Westfalia Fruit Colombia; TradeMap)
More than 700 species of bacteria and fungi were identified for the first time in Valle del Cauca, in a study that investigates the presence of microorganisms in preserved soils. The microorganisms that were found can contribute to human medicine and animal and plant pharmacology. (National University of Colombia)
Pepper exports to the USA await inspection at the Port of Columbus to prevent entry of quarantine pests and diseases. Pepper export season starts at the end of July, with the busiest period between September and October. Exports decrease until November and generally end in December. During 2021, Customs and Border Protection experts processed approximately 11,000 shipments of peppers from Mexico. Volume is expected to increase in 2022. (Customs and Border Protection)
Family farmers ask for food supplies and government help, mainly for soil preparation. Farmers claim that after six months of the signing of an agreement in which the government promised to provide 30,000 food kits, delivery was not carried out. In addition, they allege that Law 6,901, in force since April and which declares a situation of emergency due to drought, has not been fully implemented. More than 3,000 peasants demonstrated in front of the Ministry of Agriculture. (La Nation)
New varieties of Peruvian blueberries gain acceptance in the Chinese market. Varieties Eureka, Sekoya Pop, Sekoya Beauty, OZ Magica and OZ Bonita are sweeter and have better post-harvest quality and larger sizes, having been obtained through genetic improvement. (D-Quality Survey BV)
Technological lag and lack of milk justify the creation of the Milk Basins project in Río Negro, with the objective of creating new dairy farms. The project is a partnership of the Ministry of Livestock, Agriculture and Fisheries, the National Milk Institute and the Planning and Budget Secretariat, and will be implemented in the cities of Río Negro, Florida, Salto, Soriano and Paysandú. (MGAP; Inhale; OPP)
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