AgroGalaxy carried out mass\u00a0layoffs\u00a0to reduce payroll <\/strong><\/p>\n Anvisa approves the toxicological evaluation of Syngenta’s technical product based on\u00a0bicyclopyrone, an active ingredient not yet registered in the country.\u00a0<\/b>(Anvisa)<\/p>\n In compliance with court decision,\u00a0Anvisa\u00a0approved<\/b>\u00a0the toxicological evaluation of a fungicide based on mancozeb, from\u00a0Tecnomyl.\u00a0(Anvisa)<\/p>\n Minister of Mines and Energy, Alexandre Silveira, said the national policy for natural gas was “decided”, despite the “conflict of interests” with Petrobras. According to Silveira, the government’s orientation is to increase Brazilian supply of natural gas to\u00a0reduce\u00a0fertilizer\u00a0prices and increase production<\/b>. (MME)<\/p>\n Eduardo Monteiro<\/b>\u00a0is the new country manager at Mosaic, responsible for the commercial area for Brazil and Paraguay, supply chain and mixing units. (The Mosaic Company)<\/p>\n According to Kroll,\u00a0among the\u00a0450 mergers and acquisitions from\u00a0January\u00a0to\u00a0April of 2023, 17\u00a0were from agribusiness. The record turnout of 3.8% is more than double\u00a0the average of the\u00a0past\u00a0two years, that was 1.5%.\u00a0The agrochemical\u00a0dealers\u00a0stood out:<\/b>\u00a0“This\u00a0market\u00a0was formerly formed by regional companies, that had a more\u00a0limited product\u00a0portfolio, and has been undergoing a\u00a0big\u00a0consolidation in the\u00a0past\u00a0three years”, says Alexandre Pierantoni, head of mergers and acquisitions at Kroll. (Kroll Brasil)<\/p>\n Giuliano Argenta Scalabrin<\/b>\u00a0is the new business director\u00a0at\u00a0UPL’s natural plant protection line in Brazil, focused on bio-inputs. (UPL)<\/p>\n Eurochem now holds 79.98% of Fertilizantes Heringer<\/b>\u00a0after a share auction. On June 27th<\/sup>, Eurochem acquired 15,347,607 shares, that represent 28.49% of the total common shares issued by the company during the public tender offer. Each share was acquired at the price of US$ 3.14, totaling approximately US$ 48.13 million. (Eurochem)<\/p>\n Port of Paranagu\u00e1 should increase fertilizer imports<\/b>\u00a0during the next quarter. “In the first five months of 2023, the amount of Brazilian imports of fertilizers was 17% lower than in the same period last year, so there is still a large margin. This indicates an upward trend in the coming months, to meet demand from farmers”, said D\u00e9cio Gomes, executive manager of Sindiadubos. (Sindiadubos; Portos do Paran\u00e1)<\/p>\n Welles Pascoal<\/b>\u00a0returns as CEO of AgroGalaxy. Axel Labourt is the company’s\u00a0new vice president of operations. (AgroGalaxy)<\/p>\n Joint operation by the\u00a0Ministry of Agriculture, Federal Highway Police and Ibama seized 275 L of un<\/b>registered pesticides<\/b>\u00a0in Limeira, State of S\u00e3o Paulo. Product label contains the description “pesticide with dislodging, repellent, fungicidal, nematicidal and acaricide action”. Company was fined by Ibama for an environmental crime and by the Ministry of Agriculture for manufacturing and selling pesticides without registration. (Ibama; MAPA; PRF)<\/p>\n Six years after the beginning of the criminal action, the Court of Catanduva, State of S\u00e3o Paulo,\u00a0absolved\u00a0Companhia Agr\u00edcola Colombo \u2013 manufacturer of the sugar brands Caravelas and Carrefour. Colombo\u00a0was\u00a0accused of the\u00a0death of approximately 112 million bees in the State of S\u00e3o Paulo<\/b>, supposedly caused by the insecticide thiamethoxam. The case may be subject to new lawsuits again. Prosecutor Yves Atahualpa Pinto, one of those responsible for the case, said he is studying the possibility of filing a civil lawsuit. (Court of Catanduva)<\/p>\n According to Pedro Lupion, president of the Agricultural Parliamentary Front, the\u00a0Pesticide Bill No. 1459\/2022 is one of\u00a0its\u00a0main demands.<\/b> The Bill “seeks to update the legislation for the approval of more modern and less toxic pesticide molecules”, according to Lupion. The congressman said that “according to current legislation, sometimes it takes 10 years to approve new pesticide molecules and to allow their use. Countries like the US and even Argentina use more efficient products, and in lower amounts”. (FPA)<\/p>\n Majority of the Supreme Court overturned\u00a0excerpts\u00a0of the\u00a0Decree No. 10.833\/2021, that established rules to make pesticide registration easier. The vote of the rapporteur,\u00a0Minister C\u00e1rmen L\u00facia, prevailed, who claimed “prohibition of environmental setbacks” to invalidate several excerpts of the decree<\/b>. Among the points considered unconstitutional, there are: exclusion of the Ministries of Agriculture, Health and Environment from the task of establishing the maximum limits of pesticide residues in food; exemption from presenting a report on the presence of relevant impurities from a toxicological and environmental point of view in pesticides; requirement for a complementary rule to establish criteria for the destruction of food produced with the application of unauthorized pesticides. (STF)<\/p>\n AgroGalaxy carried out mass\u00a0layoffs\u00a0to reduce payroll by US$ 4.16 million after losses\u00a0doubled in the 1Q of 2023. Losses of US$ 20.1 million in the 1Q, compared to a negative balance of US$ 9.3 million in the 1Q of 2022.\u00a0In 2022, AgroGalaxy’s net income reached US$ 11.22 million, that represented a drop of 64.2%.<\/b> (AgroGalaxy; Money Times)<\/p>\n Fertilizer prices remain low.\u00a0Urea, for example, has dropped approximately 40% since the beginning of the year<\/b>, reaching Brazilian ports below US$ 300 per tonne CFR, a value that had not occurred since January of 2021. The downward trend should also continue for phosphate monoammonium chloride (MAP) and potassium chloride (KCl) for the rest of the year. (Rabobank)<\/p>\n Senate\u00a0will discuss in a thematic session on July\u00a07th<\/sup>\u00a0the\u00a0production and\u00a0sales\u00a0of fertilizers in Brazil.<\/b>\u00a0“This debate is essential because we need to move forward in search of solutions that guarantee the domestic production of fertilizers from natural gas”, said senator La\u00e9rcio Oliveira. (Ag\u00eancia Senado)<\/p>\n SLC Agr\u00edcola purchased in advance\u00a0a share\u00a0of the inputs for the 2023\/24 grain and oilseed season, with sowing scheduled for September. The company said it has already\u00a0purchased 78% of the need for potassium chloride, 82% of the phosphate fertilizers, 97% of the nitrogen fertilizers and 22% of the pesticides.<\/b>\u00a0(SLC Agr\u00edcola)<\/p>\n Adama aims for a “double-digit” share of the Brazilian pesticide market. The company’s president and CEO, Steven Hawkins, said he is optimistic about the prospects for the country. \u201cBrazil is important for its size and the innovation it brings to our business. We want to have a double-digit market share here”, said Hawkins. Brazil is Adama’s main operation in Latin America<\/b>, a region that accounted for 29% of the company’s global sales in 2022. (Adama)<\/p>\n According to Agrivalle, the\u00a0bionematicide, bioinsecticide, inoculant and biofungicide market should reach US$ 1.29 billion by 2025.<\/b>\u00a0(Agrivalle)<\/p>\n <\/p>\n Profertil,\u00a0Argentina<\/b>‘s main fertilizer\u00a0manufacturer,\u00a0is expected to\u00a0operate with power generated 100% from wind energy<\/b>. The company signed a 10-year agreement with YPF Luz, that provides for 95 GWh\/year. Profertil produces approximately 1.32 million tonnes\/year of granulated urea. (Profertil; YPF Luz)<\/p>\n Urea is the most widely used fertilizer in\u00a0Uruguay<\/b>, used for almost all crops. The country imports approximately 332 thousand tonnes of urea per year, that represents US$ 152 million, an average of US$ 458 per tonne. According to the Future Energy Leaders Program,\u00a0Uruguay has great potential for sustainable production of urea through “green hydrogen”<\/b>, because of the good\u00a0wind\u00a0and solar resources in the country. The group estimates that an investment of US$ 1.3 billion would be needed to replace 50% of the country’s consumption of fossil urea. (Future Energy Leaders)<\/p>\n Government of\u00a0Argentina<\/b>\u00a0estimates\u00a0farmers will invest US$ 12.5 billion during the next soybean\u00a0season<\/b>. According to the official\u00a0figures, 14.9% of the expenses will be directed to the purchase of pesticides, and 13.2% to fertilizers. (Ministry of Agriculture of Argentina)<\/p>\n Argentina<\/b>‘s agricultural\u00a0market\u00a0needs approximately US$ 1 billion to import inputs in July. The Ministry of Agriculture will request this amount from the Ministry of Economy.\u00a0US$ 330 million will be used to purchase phytosanitary products.<\/b>\u00a0(Ministry of Agriculture of Argentina)<\/p>\n<\/div>\n
\nBrazil<\/h3>\n
\n
\nLatin America<\/h3>\n