USDA<\/a>)<\/p>\nCentral Bank put into circulation on May\u00a007th\u00a0new banknotes, worth 10 thousand pesos<\/strong>\u00a0(approximately US$ 11). According to the Central Bank, the distribution of banknotes will occur progressively in bank agencies and ATMs across the country. So far, the highest value banknote available in Argentina had been the 2,000 pesos note, which entered circulation in May of 2023. (Central Bank of Argentina)<\/p>\n\n
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According to the Department of Agriculture of the State of Goi\u00e1s and the Brazilian Rice Industry Association,\u00a0there is no risk of rice and beans shortages in the State<\/strong>, even with the calamity situation in the State of Rio Grande do Sul. “This lower risk in the State of Goi\u00e1s is because our production of rice and beans has been high in recent years\u201d, said the Secretary of Agriculture, Pedro Leonardo. (Seapa; Abiarroz)<\/p>\nAgricultural fair of Maring\u00e1, State of Paran\u00e1, the\u00a0Expoing\u00e1 expects to exceed US$ 195 million in business<\/strong>. Event takes place between May 9th and 19th. (Rural Society of Maring\u00e1)<\/p>\nProvisional measure is being prepared by the Federal Government to\u00a0import rice due to the heavy rains in the State of Rio Grande do Sul<\/strong>, according to the Minister of Agriculture, Carlos F\u00e1varo. The measure may come into force after approval of “calamity situation status” in the State by the National Congress. The matter is being analyzed by the Senate. \u201cA provisional measure is already being prepared authorizing the National Supply Company to make a purchase of around 1 million tonnes\u201d, said the minister. (MAPA)<\/p>\nIt is estimated that the restoration of public infrastructure hit by heavy rains in the State of Rio Grande do Sul\u00a0should cost at least\u00a0US$ 3.69 billion<\/strong>. According to the State’s governor, Eduardo Leite, the estimate is based on \u201cinitial calculations\u201d. (Ag\u00eancia Brasil)<\/p>\nNestl\u00e9, the largest coffee buyer in Brazil,\u00a0plans to invest US$ 194 million\u00a0by 2026<\/strong>\u00a0in expanding production capacity, innovations and increasing sales of Nescaf\u00e9 [the company’s coffee brand] products. (Nestl\u00e9)<\/p>\n<\/div>\n<\/div>\n
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When the Chilean Citrus Committee was created in 2010, national exports of citrus products reached 139 thousand tonnes. Thirteen years later,\u00a0in 2023, total shipments reached 400,420 tonnes<\/b>, which is 49% more than in the previous season, when the industry exported 268.1 thousand tonnes. (Chilean Citrus Committee)<\/p>\n
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After a drop in 2023, greater banana exports are estimated in 2024.\u00a0Colombia, the fifth largest banana supplier in the world<\/strong>, intends to increase exports of the fruit by 5% in the period, according to the\u00a0president of the Colombian Association of Banana Farmers, Emerson Aguirre. (Augura)<\/p>\nCoffee production in 2024 will depend on the intensity of La Ni\u00f1a<\/strong>, according to Germ\u00e1n Baham\u00f3n, general manager of the National Federation of Coffee Farmers. “What we don’t want is for La Ni\u00f1a to stay for a long time”, Baham\u00f3n said. “We can have a very good coffee harvest because our coffee cultivars are resistant against rust and climate change”. (FNC)<\/p>\n<\/div>\n
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Drought is affecting the south region and coffee farmers expect a drop of up to 30%<\/b>. Lack of rain is putting almost 80% of the country’s coffee crops at risk. According to Ismael G\u00f3mez, representative of the Union of Independent Coffee Farmers, under current conditions, production in southern Mexico should not exceed 500,000 bags, compared to an average of 6 million which is normally produced. “Most farmers have up to one and a half hectares, but the vast majority have one hectare and subsist on their product”. (Uni\u00f3n de Productores Independientes de Caf\u00e9)<\/p>\n
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Brazil and Paraguay have signed\u00a0an agreement that sets tariffs for the Itaipu hydroelectric power plant<\/strong>\u00a0in the coming years, without any increase for Brazilian consumers, and which foresees a reduction in values from 2026. (Ministry of Foreign Affairs of Paraguay)<\/p>\nAccording to the Minister of Agriculture, Carlos Gim\u00e9nez, smuggling and high temperatures resulted in an\u00a0excessive increase in the price of tomatoes\u00a0<\/strong>on the local market. According to Gim\u00e9nez, in May production should reach just 10% of what had previously been estimated. (Ministry of Agriculture)<\/p>\n![\"\"](\"https:\/\/agribrasilis.com\/wp-content\/uploads\/2021\/06\/Uruguay.png\")
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Minister of Agriculture, Fernando Mattos, said that\u00a0Uruguay is on “alert” due to flooding in southern Brazil<\/b>. \u201cWe must generate much more powerful mechanisms of resilience and adaptation to the reality of climate change, which has a growing impact…\u00a0Climate change is changing our entire way of thinking. We know that we are going to have more and more climate variability, more droughts, more floods.” (Ministry of Agriculture)<\/p>\n
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