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Brazil<\/h3>\n
Belgian company Biobest Group acquired 85% of Biotrop\u00a0Participa\u00e7\u00f5es S.A.\u00a0shares<\/b>, for US$ 480 million. The deal should\u00a0be concluded\u00a0by the end of 2023 and has not yet been submitted to the\u00a0Administrative Council for Economic Defense\u00a0(CADE). The remaining 15% of the company will be acquired after a three-year transition period. In 2022, Biotrop’s net revenue reached US$ 56.08 million,\u00a0with\u00a0a net profit of US$ 6.26 million. (Biotrop Participa\u00e7\u00f5es S.A.)<\/p>\n
Ministry of Agriculture released registration requests\u00a0of\u00a032\u00a0equivalent technical pesticide products.<\/b>\u00a0(MAPA)<\/p>\n
Ministry of Agriculture approved\u00a030 pesticide\u00a0registrations\u00a0<\/b>of equivalent technical products. (MAPA)<\/p>\n
According to\u00a0a\u00a0research coordinated by professor Jussara Regitano, from the \u201cLuiz de Queiroz\u201d College of Agriculture,\u00a0the organomineral fertilizers produced from sewage sludge are an environmentally safe alternative and as efficient as mineral fertilizers<\/b>, with the potential to replace mineral fertilizers in some areas of the Cerrado biome. (Esalq\/USP)<\/p>\n
Delivery of fertilizers\u00a0to the market reached 4.11 million tonnes in June of 2023<\/b>, an increase of 15.7% when compared to the same period in 2022. In the 1H\u00a0of 2023 were delivered 18.61 million tonnes, an increase of 2.4 % when compared to 2022. State of Mato Grosso\u00a0was the one that delivered the most fertilizers,\u00a0representing\u00a025. Ignacio Moyano C\u00f3rdoba<\/b>\u00a0is the new business director of Rizobacter in Brazil. (Rizobacter do Brasil)<\/p>\n Anvisa approved the\u00a0toxicological evaluation of a nematicide and bactericide<\/b>\u00a0(with a microbiological active ingredient not yet registered in the country), based on the bacterium\u00a0Priesta megaterium<\/i>,\u00a0<\/i>from Solubio. (Anvisa)<\/p>\n Federal Justice of the State of Amazonas has\u00a0suspended\u00a0the license granted by the Amazonas Environmental Protection Institute\u00a0\u2013\u00a0Ipaam,\u00a0to the company Pot\u00e1ssio do Brasil\u00a0<\/b>for mineral exploration in the Mura indigenous territory, in Autazes, State of Amazonas. According to the decision, the activity cannot be carried out without authorization from the National Congress and consultation with the affected indigenous people. Furthermore, it would\u00a0Ibama’s\u00a0responsibility to issue environmental licensing, not Ipaam’s. (Federal Justice of Amazonas)<\/p>\n Lavoro, through its controlled company Qualiciclo Agr\u00edcola S.A., announced the\u00a0acquisition\u00a0of 100% of the share capital of Coram\u00a0<\/b>\u2013 Com\u00e9rcio e Representa\u00e7\u00f5es Agr\u00edcolas Ltda., with headquarters\u00a0in Ituverava, S\u00e3o Paulo. The transaction value was not disclosed, and the deal still depends on the approval of\u00a0the\u00a0Administrative Council for Economic Defense. (Lavoro Agro)<\/p>\n Port of Paranagu\u00e1, the main\u00a0fertilizer\u00a0port in Brazil, recorded\u00a0imports\u00a0of 4.34 million tonnes of fertilizers\u00a0<\/b>from January to June of 2023, a reduction of 20.6% when compared to 2022. (Portos do Paran\u00e1)<\/p>\n In compliance with a court decision,\u00a0Anvisa approves\u00a0toxicological evaluation of cyproconazole + chlorothalonil + trifloxystrobin<\/b>\u00a0from Rainbow. (Anvisa)<\/p>\n Sales of soybean nutrition and crop protection products in Brazil should\u00a0reach US$ 11.44 billion in 2022\/23. Biological products represent US$ 436 million.\u00a0Sales of biopesticides in Brazil showed a\u00a0compound\u00a0annual growth rate of 39% over the last five years, with a highlight to\u00a0bionematicides.<\/b>\u00a0In the last 12 years, the number of biopesticide registrations in Brazil has increased ninefold. (Superbac Biotechnology Solutions)<\/p>\n According to Daniel Hubner, vice-president of Yara in Brazil,\u00a0the country imports fertilizers with a high carbon footprint.<\/b>\u00a0“We compete in an asymmetrical way and, perhaps, we suffer environmental dumping because we receive fertilizers with a very high carbon footprint, which compete in exactly the same way in the Brazilian market”, said Hubner. The vice-president of Yara calculates that, if Brazil stipulated a tax fee based on the differences in carbon footprint, nitrate from China would have to pay at least US$ 300 for its carbon content, considering the international market reference of US$ 100 per tonne of carbon. (Yara International)<\/p>\n AgriConnection, an agricultural inputs company founded in 2019, in Campo Verde, State of Mato Grosso,\u00a0estimates a revenue of US$ 340 million in 2023,<\/b>\u00a0compared to US$ 280 million in 2022. (AgriConnection)<\/p>\n The\u00a0coffee fertilizer\u00a0market has grown more than 80% in the last three harvests. Approximately US$ 1.90 billion in fertilizers were sold in 2022\/23. Plant nutrition products account for 78% of the investment in coffee inputs, followed by pesticides, with 22%. During the 2022\/23 season,\u00a0Brazilian coffee farmers spent US$ 540 million to purchase pesticides<\/b>, 42% more than in the previous season. (Kynetec Brasil)<\/p>\n According to analysts\u00a0from\u00a0Bradesco BBI, three points are essential to understand the current situation of the agricultural input sector: 1) “Stocks of agricultural pesticides in the industry, which were around 10% above normal levels at the beginning of the year, have improved”; 2) “Input dealers have been opening between 300-330 stores per year, but by 2023 they will add around 270 or less due to a decline in agricultural input prices, while high inventories have led some of them to face financial challenges”; 3) “Private equity funds will represent at least 60% of the number of stores, compared to 40% currently, and the consolidation trend should continue. Currently,\u00a0the\u00a0Brazilian\u00a0input retail\u00a0market has around seven thousand companies.<\/b>” (Bradesco BBI)<\/p>\n More than\u00a08 thousand spraying drones were imported between 2020 and 2023<\/b>. It is estimated that\u00a0until\u00a02026 more than 90 thousand of these drones will be imported. \u201cDrones, which have precise spraying systems, allow for a more uniform and controlled application of pesticides, fertilizers and other agricultural inputs”, according to Leonardo Luvezuti, business director at Perfect Flight. (Perfect Flight; Sindag; Siscomex)<\/p>\n During the 2022\/23 sugarcane season, for each hectare of sugarcane it was necessary to invest US$ 760.59 in agricultural inputs, with\u00a0fertilizers representing 49.21%<\/b>, followed by herbicides (17.54%) and seedlings (13.21%). (Pecege Consultoria e Projetos)<\/p>\n Federal Highway Police seized\u00a0680 liters of smuggled paraquat<\/b>\u00a0on September\u00a005th<\/sup>\u00a0in the city of Papanduva, State of Santa Catarina. (PRF)<\/p>\n<\/div>\n<\/div>\n Authorities\u00a0of the\u00a0Mendoza\u00a0province, in\u00a0Argentina<\/b>, finalized the\u00a0selection process for an investor that\u00a0should\u00a0allocate US$ 1 billion\u00a0to\u00a0develop the Rio Colorado potash mine.<\/b> \u201cWe have completed the selection process of proposals for the development of the potash mine in Malargue\u201d, said the governor of Mendoza, Rodolfo Suarez. The construction period of the complex should take five years and the estimated annual production is 1.5 million tonnes. \u201cThe reactivation of this project will double the province’s exports\u201d, said Su\u00e1rez. (Government of Mendoza)<\/p>\n<\/div>\n<\/div>\n Argentina<\/b>\u00a0needs\u00a0to import\u00a0US$ 1.75 billion in agricultural inputs<\/b>\u00a0by the end of the year. Dollars are necessary to pay for the inputs, but they are in short supply. There is difficulty in authorizing imports and there is an expectation that the new soybean dollar, which began this week, might\u00a0help in this process. (Ciafa<\/a>)<\/p>\n Bioceres Crop Solutions, with headquarters in Rosario,\u00a0Argentina<\/b>, announced the financial results for the fiscal 4Q and fiscal year,\u00a0which\u00a0ended on June 30th of 2023. The\u00a0fiscal year revenues reached US$ 419.8 million, an increase of 25% when compared to the previous year.<\/b>\u00a0The 4Q revenues reached US$ 104.7 million. \u201cWe increased profitability, as evidenced by a 31% increase in the adjusted EBITDA\u201d, said Federico Trucco, CEO of Bioceres. (Bioceres Crop Solutions Corp.)<\/p>\n “The\u00a0abandonment\u00a0and\u00a0crisis of the agricultural sector of\u00a0Mexico<\/b> will increase if the use of pesticides is banned”, said the president of the\u00a0Mexican Union of Agrochemical Manufacturers and Formulators, Luis Cepeda. Cepeda stated there is\u00a0uncertainty in the country’s agricultural sector\u00a0because “the\u00a0State\u00a0attacks the\u00a0pesticide industry on two fronts: through the Legislature, with initiatives that seek to ban pesticides, and through the\u00a0Federal Commission for Protection Against Health Risks – Cofepris, which delays the authorization of new products”. About Cofepris, Cepeda said that\u00a0\u201cthe delay in resolving\u00a0the procedures in that agency is in practice a prohibition on the use of new technologies, because there is no renewal of obsolete registrations and new\u00a0molecules are not authorized\u201d. (UMFFACC)<\/p>\n
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\nLatin America<\/h3>\n
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