End of the historic drought in Argentina
Government will provide tax relief to farmers affected by drought. Executive Branch decree will be released to ensure that farmers in emergency zones can access tax benefits automatically. Decree also establishes a plan to facilitate payments of tax debts, allowing payment in up to 48 monthly installments. (Ministry of Agriculture)
Due to the losses in Argentine production, soybean imports are expected to increase by 139% during the 2022/23 harvest, reaching 7.9 million tonnes. (Rosario Stock Exchange)
Rainfall in the Pampas region indicates the end of the historic drought, improving prospects for the next harvest. “After three consecutive La Niñas and 50 days of extreme drought, in the last 10 days rained 20 to 175 mm in the center of the Pampas region”. In addition, rainfall above 50 mm occurred in 85% of the region of Córdoba, 95% of Santa Fe and throughout Entre Ríos. (Rosario Stock Exchange)
Agreement between Suzano Papel e Celulose and Chinese cargo company Cosco signed for construction of 17 vessels to transport cellulose and other bio-based products. (Suzano Papel e Celulose; Cosco)
Sugarcane cultivation in Brazil in the last 20 years removed approximately 9.8 million tonnes of CO2 per year from the atmosphere, according to a joint study by Agroicone, Unicamp and Embrapa, showing agriculture can also contribute to the reduction of greenhouse gas emissions. (Agroicone; Unicamp; Embrapa)
78% decrease in the release of Investment Funds in Agroindustrial Productive Chains (Fiagros) in February. Only one fund carried out a public offering, trading US$ 73.54 million. According to Anbima, in January the funds reached US$ 332.83 million, in six public offerings. (Brazilian Association of Financial and Capital Market Entities – Anbima)
Indonesia increased the annual beef import quota from Brazil by 500%, from 20,000 to 100,000 tonnes. Act is valid until December 31st, 2023, and covers 20 slaughterhouses qualified to ship products with halal certification. (Ministry of Agriculture)
Number of employees in agribusiness reached 18.97 million in 2022, the highest since 2015. Jobs lost during the covid-19 pandemic were fully recovered. Job recovery was observed throughout 2021 and consolidated in 2022. (Cepea)
According to Fundação Getúlio Vargas, if the avian flu enters Brazil, losses could reach US$ 2.64 billion. Talita Priscila Pinto, researcher at FGV Agro, indicates that there would be a loss of 46,000 jobs in the poultry sector and related segments, such as the input production sector. (FGV Agro)
Luciano Albernaz is the new director of seeds at Lavoro Agro, reporting directly to the director of strategic planning and marketing, Gustavo Modenesi. (Lavoro Agro)
Drought in the State of Rio Grande do Sul harmed the region’s economy, with a GDP drop of 5.1% in 2022. Agriculture sector decreased 45.6% in the period. Soybean (-54.3%), maize (-31.6%), tobacco (-14.6%) and rice (-9.7%) were the most affected. (Secretary of Planning, Governance and Management)
Sérgio Luiz Pizzatto will be the new chairman of the board of directors of Amaggi as of June of 2023. Pizzatto will replace Pedro Jacyr Bongiolo, after 12 years as chairman. (Amaggi)
Citrus industry faced the worst harvest in five years. Frosts during springtime explain part of the decrease in production. Inflation and rising fertilizer costs also harmed the sector. “It’s not easy to stay in business. There’s a lot of competition, new demands…”, says Juan Enrique Ortúzar, president of the Chilean Citrus Committee. Of the total exported in 2022, 87% was destined for the USA. According to iQonsulting, the effects of the frosts may last for a second year, because the flowering of lemons coincides with the harvest period. (iQonsulting; Chile Citrus Committee)
Estimated that exports of Colombian Hass-type avocados will grow by more than 20% in 2023. According to Jorge Restrepo, executive director of Corpohass, fruit quality remains a major challenge for increasing exports. (Corpohass)
Processed rice production should reach 165 thousand tonnes in the 2023/2024 harvest. Planted area is estimated to be at 39 thousand hectares. Imports are estimated to be at 800 thousand processed tonnes. (USDA)
After opening the market for beef from Brazil and Argentina, the Minister of Agriculture, Víctor Villalobos, announced that 48 sanitary regulations will be revised. In addition to imports of beef, updated norms will also contemplate the certification of seeds and fertilizer inputs. “In an open market like Mexico, regulate the quality of agrifood products is very important,” said the minister. (Ministry of Agriculture)
Ended soybean harvest, with an average yield of 50 bags/hectare, reaching up to 63.3 bags. According to the vice-president of the Association of Soy Producers, Karsten Friedrichsen, the lack of rain at the end of November and December harmed the first harvests in January, that reached yields between 16.6 and 33.3 bags/hectare. (APS)
Soybean exports reached US$ 273 million from January to
Ministry of Agriculture started vaccination against avian flu. Objective is to immunize 30 to 40 million domestic birds. (Senasa; Ministry of Agriculture)
Japan opened their market for 26 varieties of table grapes from Peru. Fresh grape export potential to Japan is US$ 17 million, according to Mincetur. Shipments should start from the 2023/24 harvest. According to the protocol established, Peruvian table grapes must receive cold treatment during the entire journey to Japan. (Mincetur)
Country should purchase 10 million doses of vaccines against avian flu, from Mexico and France. “Viral circulation for humans is very low and there are no problems with the consumption of poultry products,” said agriculture minister Fernando Mattos. (Ministry of Agriculture)
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