Soybean sanitary break ends in September 15th
Central Bank allows soybean farmers to deposit pesos acquired through sales in the so-called “soybean chacareras accounts”, that are equivalent to the daily adjustment of the wholesale dollar exchange rate. Until then, deposits were limited to 70% of exports. (Argentina Central Bank)
Secretary of Agriculture, Juan Bahillo, highlights new type of exchange rate. According to Bahillo, there have been changes in the “agro dollar” regime, approved in August to generate foreign currency as from dollar increase for soybean farmers. Dollar quoted at $200 (pesos) should improve income for farmers, who sell between $50,000 and $52,000 per ton, allowing revenue increase by up to 70,000 per ton. (Inter-American Institute for Cooperation on Agriculture)
Low temperatures in the Southeast and South regions continue to restrict citrus fruit trade caused by the controlled supply in the domestic market, that prevents price decreasing. (Cepea)
Agreement signed between Shell, Raízen, Hytron, USP and Senai aims to produce renewable hydrogen from ethanol. It is planned to build at least two production sites for fuel that must be used to supply buses that circulate in the University City in São Paulo (Raízen)
45th Expointer, an agricultural fair held in Esteio, State of Rio Grande do Sul, achieved business and visitor’s records, with revenues of US$ 1.35 billion and 742 thousand people. (Government of Rio Grande do Sul State)
Sugarcane production decrease in the State of São Paulo caused by the La Niña weather phenomenon, resulting in low rainfall, and reduction of planted area, as a result of competition with soybean and corn. (Conab)
Swine slaughter reached a record of 14.07 million heads between April and June. Total represents an increase of 7.2% compared to the same period in 2021, and a rise of 3% compared to the 1Q of 2022. Cattle slaughter under sanitary inspection totaled 7.38 million heads, that represents an increase of 3.5% compared to the same period of 2021 and 5.7% compared to the 1Q of 2022. (IBGE)
Recorded an average of 3,000 fires per day in the Amazon in the first week of September. In August, the highest number of fires in the region in 12 years was recorded, with more than 33,000 cases. (National Institute for Space Research)
ADM makes partnership with Agtech Garage, an innovation hub for agro based in Piracicaba, State of São Paulo. According to Luciano Botelho, ADM’s president for South America, the initiative will allow the creation of partnerships with startups to develop new solutions. (ADM)
Soybean sanitary break ends in September 15th, but sowing will only take place after the first rains above 10 mm. In the State of Mato Grosso do Sul, forecasts for the next 30 days point to rains of 25 to 50 mm, with higher volumes in the Northwest and North regions. (Mato Grosso Institute of Agricultural Economics)
Bela Sementes, Belagrícola group, begins construction of a soybean seed processing site in Patos de Minas, State of Minas Gerais. The objective is to supply the Cerrado area (Brazilian Savannah) with initial production estimated at 400,000 bags per season and starting operations is scheduled for February 2023. Raw material will be supplied by Reina Sementes. (Bela Sementes)
Production of clementines, a hybrid from the crossing of tangerine with bitter orange, showed a significant drop in the 2022 season, that ended with a total amount of 41,832 tonnes, 39% lower compared to 2021. The main issue that affects production has been drought in Coquimbo region. (Citrus Committee)
Counterfeit drums of fruit tree biostimulant identified being sold to farmers in the O’Higgins region. Representatives of Kelpak filed suit after detecting an illegal sale of drums with labels of the company’s organic product made from South African algae, but contained only water, urea and dyes. (Kelpak)
Approved law that protects beekeeping, creating the National Register of Beekeepers. Agricultural and Livestock Service can declare free and sanitary control zones, quarantines, sanitary barriers and isolation of hives. In addition, it will be able to control and supervise the use of pesticides that can have effects on beekeeping, requiring notification of the application of these products to beekeepers who are in nearby areas at least 48 hours in advance. (SAG)
More than 200 new chrysanthemum varieties were showed during the Chrysanthemum Week, an event held in Antioquia, with the participation of 10 international flower breeding companies. Chrysanthemums represent 15% of flower exports in Colombia. (Asocolflores)
Increased 4% Arabica coffee production, showing a recovery after the breaks in production in recent months, but exports dropped 23% in August. Volume should not exceed 12 million bags in 2022. (National Federation of Coffee Growers)
Animal protein sector awaits market opening to the US in the second half of 2022, with focus on beef exports. The sanitary recommendations made by the North American technicians are being fulfilled. It is expected that within 45 days there will be updates to the process. (National Service of Quality and Animal Health)
Hortifrut increases blueberries local sales and has already reached a 50% share of sales in supermarkets. The company expects to increase sales by 40% by the end of 2022. Hortifrut is the world leader in the production and marketing of blueberries, strawberries, blackberries and raspberries. (Hortifrut)
Low temperatures and continuous rains in the Ancash region affect avocado and mango production. Conditions cause the appearance of fungi that generate significant economic losses, such as Cladosporium spp., that causes necrosis in the flowers of attacked plants and may harm up to 90% of avocado and mango crops. (Integral Rural Development Service)
Urea imports decreased 58% compared to the average of seven-years. Farmers are using alternative organic fertilizer to reduce the impact of lack of chemical fertilizers. (Ministry of Agriculture)
MORE ABOUT AGRIBUSINESS: