In 2024, Paraguay’s Cotton Exports Reached 28,255 Tonnes, an Increase of 123%
Growth in sales of agricultural machinery sector in the 3Q2024, with highlights for harvesters (+17%), tractors (+12%), implements (+8%), and seeders (+5%). This is because of credit availability and the good performance of agriculture. (Ieral/Fundación Mediterránea)
John Deere has announced a reduction in its machines and solutions prices for agriculture in Argentina, ranging from 3% to 7% depending on the product. “It reflects the company’s commitment to the development of Argentine agriculture, as it facilitates access to cutting-edge technology and contributes to the modernization of the current fleet of vehicles to achieve greater yields”, said the company. (John Deere)
2023/24 soybean exports reached the highest volume in the past five seasons, with 33 million tonnes expected, an 80% increase compared to the previous season. (Rosario Stock Exchange)
Suzano announced a pulp prices increase in all markets, as from January 1st, 2025. (Suzano)
National Supply Company (Conab) has negotiated 91,700 tonnes of rice in three auctions in December, signing 3,396 contracts, with US$ 26.2 million expected if farmers choose to sell to the government. (Conab)
Agribusiness opened 300 international markets in less than two years, including 62 new destinations. (MAPA)
In November of 2024, China’s imports of Brazilian soybeans fell 25% compared to the previous year due to the increase in purchases from the US, driven by concerns over potential trade tensions. (General Administration of Customs of China)
Cofco International signed a revolving loan of US$ 600 million with OCBC Bank to finance purchase of soybeans and corn and obtain discounts for achieving sustainable targets. (Cofco International)
Brazil’s daily value of beef exports dropped 7.5% in December of 2024 compared to the same period last year due to lower prices on the wholesale market and the loss of competitiveness of beef compared to other proteins. (Safras Agency)
Antecipe System, developed by Embrapa, increases corn yield by 287%, with an average of 3,062 kg/ha in experiments conducted in the State of Tocantins. “Antecipe is a technology with the potential to boost off-season corn production in the State of Tocantins, while adhering to the recommended planting window for the off-season corn in the state”, said Francelino Peteno de Camargo, a researcher at Embrapa and lead investigator of the experiment. (Embrapa)
BNDES and the Inter-American Development Bank will provide US$ 872.29 million in credit for micro, small, and medium-sized enterprises in the Amazon. The initiative is part of the “Inova Amazônia Program”, which aims to promote the growth of startups focused on innovation and sustainability. The Program is expected to benefit around 16,000 small businesses. (Sebrae)
Agro Amazônia, an agri inputs distributor and a subsidiary of Sumitomo Corporation, has launched its own cotton seed brand, called “Dagma Algodão”. The objective is to sell 7,000 bags of cotton seeds in the 2024/25 season, with the potential to reach revenues of US$ 2.43 million. (Agro Amazônia)
Approximately 9 thousand hectares of irrigated rice were affected by heavy rains in the State of Paraná. 60 families were affected and 72 thousand tonnes of rice were lost. (APAI-PR)
The adoption of artificial intelligence in Brazilian agriculture faces a lack of strategy and governance. According to the Digital Transformation Index Brazil (ITDBr), the digital maturity index of agribusiness is 3.1 on a scale of 6, below the general average of 3.7 points. “The challenge is not only in implementing these solutions, but also in changing the organizational culture and developing a long-term vision that integrates the digital transformation journey and new technologies in a strategic way”, said Maurício Moraes, partner and agribusiness leader at PwC Brasil. (PwC; Fundação Dom Cabral)
Were exported to Mexico the first table grapes from the 2024/25 season under a systems approach. This method consists of a phytosanitary strategy that combines several control measures to mitigate pest risks. (SAG; Frutas de Chile)
From January to November of 2024, exports grew by 11% when compared to the same period last year, reaching US$ 11,41 million. (Odepa)
Agrarian reform advances in 2024, with the acquisition of 440,000 hectares for the “Fondo de Tierras” (Land Fund), 1.2 million hectares registered, an 8.8% growth in the agricultural sector, and a 12.7% increase in agricultural exports. (Minagricultura)
In September, agricultural machinery imports fell 26.3%. This is due to competition increase with used machines, which affects the sale of new equipment. Tractors fell by 23.1%, as harvesters (-42.9%) and sprayers (-34.2%). (Cadam)
From January to November of 2024, cotton exports reached 28,255 tonnes, an increase of 123% compared to the same period of the previous year, with 12,826 tonnes. Revenue was around US$ 45.4 million, an increase of 106%. (BCP)
National Institute of Agrarian Innovation has introduced a new garlic variety with a yield exceeding 14 tonnes per hectare, with the potential to increase farmers’ profitability by 30%. (INIA)
Peru’s agricultural frontier will be expanded by more than 250,000 hectares through projects from the Ministry of Agrarian Development. “With the implementation of these projects, the country will continue to consolidate itself as one of the world’s main food suppliers”, said Ángel Manero, Minister of Agrarian Development. (Midagri)
Agriculture is the main economic activity in rural areas of Peru, accounting for 57% of economic activity. In 2023, 93% of agricultural production was destined for the local market, while 7% was exported. “Agriculture has conquered the world, but this conquest depends on adequate public policies”, said Gabriel Amaro, president of the Association of Agricultural Farmers Unions of Peru. (AGAP)
In 2024, milk production and deliveries to industries fell by 3.9% compared to the previous year. This scenario began in April and persisted in the following months due to excessive rainfall. (Inale)
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