Rainfall Is Expected to Be 80% Greater in Mexico
Argentine peso in the illegal market reached a record low on May 22nd, of 1280 pesos per dollar, mainly due to political tensions and slowdown in grain exports. The difference between the official exchange rate and the illegal market has increased to almost 44%. (Central Bank of Argentina)
Unfavorable weather and low prices have paralyzed soybean sales, according to Dante Romano, a researcher at the Agribusiness Center at Universidad Austral. “The pace of sales has been really slow, one of the slowest we’ve ever had in history”, he said. The researcher estimates that agreements were reached for just 12% of the soybean harvest, almost half the average rate for this period of the year. (Austral University)
Ministry of Agriculture will be transferred temporarily to the State of Rio Grande do Sul. Minister Carlos Fávaro should go to Rio Grande do Sul next Tuesday (May 28th), accompanied by congressmen from the State. “Our first act will be the transfer of the ministry. We will also… collect suggestions from mayors and farmers to rebuild the state”, said Fávaro. (MAPA)
Irregular weather conditions in the States of Paraná and Mato Grosso do Sul are harming the prospects for the country’s second corn harvest. The 2023/24 off-season corn harvest is expected to reach 96.7 million tonnes, a 10.5% drop when compared to the previous season. (Agroconsult)
Brazil has six companies in the global ranking “Business Benchmark on Animal Welfare”, which has just been published. They are: BRF, Aurora Alimentos, JBS, Marfrig, Minerva and Habib’s. (BBFAW)
New case of highly pathogenic avian influenza was confirmed by the Ministry of Agriculture. Case was detected in a Thalasseus spp. bird in Linhares, State of Espírito Santo. Thus, the country now has 165 cases of the disease, being 3 in subsistence birds and 5 in marine mammals. Two cases are still being investigated. (MAPA)
Luiz Noto is the new CEO of Cofco’s grains division in Brazil. (Cofco International)
Chinese Foreign Minister Wang Yi said that his country has always placed Brazil among its diplomatic priorities and that Beijing recognizes Brazil’s international status and influence. Statements were made during the Minister’s meeting with President Luiz Inácio Lula da Silva’s special advisor, former Chancellor Celso Amorim. (Ministry of Foreign Affairs of China)
“Losses will certainly overcome US$ 46.55 – 48.29 million”, said the executive president of the Rio Grande do Sul Poultry Association, José Eduardo dos Santos. According to him, the total losses that were initially estimated reached US$ 35.30 million, but the numbers are expected to rise due to losses not yet taken into account. Information was collected between May 5th and 20th. (Asgav)
Refrigerated banana exports grew 18.8% in the 1Q/2024, compared to the same period of 2023. (Secretariat of Foreign Trade)
The timber and forestry extractive market fell by 12.8% in the 1Q/2024. In 2023, this market generated US$ 4 billion, representing 1.02% of GDP. The country has 28 Forestry Development Centers, with 4 million hectares of natural forests, and 7.5 million hectares considered “highly suitable for forestry plantations”. (Fedemaderas)
Study developed by the National University of Colombia identified the bovine respiratory syncytial virus and the bovine respiratory virus, also known as bovine parainfluenza virus, as the main agents that cause respiratory problems in calves on dairy farms in the country. The first was detected in 25% of nasal samples collected from the tissue of 96 calves from dairy farms. (UNAL)
According to researcher Johana Castiblanco, from UNAL, there is an excessive use of antibiotics in the country’s pig farming, mainly to fight diseases caused by bacteria such as Escherichia coli. This generated antibiotic resistance in animals. According to Castiblanco, the use of the fatty acid esterified butyrin in feed can fight intestinal bacteria in livestock, avoiding the unnecessary use of antibiotics. (UNAL)
Study indicates that rain in places affected by drought will boost the recovery and filling of dams. The forecast is that rainfall will be 80% higher in 2024 than in the previous year in the northern region of the country and in Bajío. (Climaproagro)
Microsoft is financing a reforestation project in the country, which involves an area of 10 thousand hectares, focused on carbon sequestration. The company announced that it will acquire 1.6 million carbon credits. Amount invested was not disclosed. Project is being developed by Ponterra, Rubicon Carbon and Carbon Streaming. (Microsoft)
Paraguay advances in the authorization processes to export beef to Mexico. The technical audit has been completed by the Mexican authorities, and the final report will be received within 60 business days. (Senacsa)
National Institute of Statistics and Informatics has authorized the “National Agricultural Survey 2024”. Individuals and legal entities who do not provide the requested information within the deadline will be subject to a fine. The objective is to gather information to create indicators for the agricultural sector. (INEI)
Inspiratus Technologies announced the construction of the first industrial biochar production plant in Sullana, Piura region. “Biochar is a solution to improve soil quality and productivity… With this technology, Peru could regenerate and restore more than 2 million ha”, said Sebastiaan Saverys, CEO of the company. (Inspiratus Technologies)
Peru exported 10,184 tonnes of tangerines in April of 2024, a drop of 30.1% in volume and 24.9% in value when compared to 2023. (FreshFruit)
Commission of Competition Promotion and Defense denied the asset purchase transaction, estimated at US$ 140 million, from Minerva to Marfrig. Companies said they will appeal the decision and that it will not affect global businesses, which include the purchase of factories in Brazil, Argentina and Chile. (Ministry of Economy and Finance; Minerva; Marfrig)
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