Agroindustries halted their activities in Paraguay in September
Soybean planted area will grow for the first time in seven years, but the scenario is considered unfavorable because of an absence of rain and residual effects of La Niña. An area of 16,700,000 hectares is estimated for the 2022/23 season, representing a 2.5% growth and the first area expansion since the 2015/16 season. (Buenos Aires Cereal Exchange)
Soybean meal price FOB dropped US$ 35/tonne, from US$ 500 in early September to US$ 465. Soybean oil FOB price dropped US$ 250/tonne in one month, from US$ 1,390 to US$ 1,140. (Pablo Adreani y Asociados)
Agtech Auravant is now a Cubo Itaú member, Itaú’s entrepreneurship hub, based in Brazil. It offers digital agronomic analysis tools to nearly 66,000 users in 100 countries. “Our focus is to allow available data in different systems and devices to be processed and transformed into valuable integrated insights and recommendations for the agri-food value chain,” says Auravant country manager Sabrina Muñoz. With seven years of activity, the startups of Cubo Itaú reached more than US$ 563.35 million in contributions and investments in 2021. (Auravant; Cubo Itaú)
Government will meet with wheat mills and exporters because of concerns about the size of the wheat harvest, affected by severe and ongoing drought. Wheat mills are worried about the lack of grain after decrease in production forecasts. (Ciara-CEC)
Wheat harvest should hit a record in 2022. Harvest should reach 10.9 million tonnes, representing an increase of 400 thousand tonnes when compared to the previous estimate. Planted area totals 3.207 million hectares, 17.6% more than in 2021. Productivity should reach 3.41 t/ha. (Safras & Mercado)
Hail occurrence in the State of Minas Gerais mainly affected coffee production. Total of 13,000 hectares were harmed, mostly arabica coffee. Paraguaçu, Campanha, Andradas and Coqueiral were the most affected cities. More than 1,090 coffee farmers suffered some type of damage. (Emater – MG)
Use of the specific breeding period for beef cattle has the potential to increase the gross margin of the activity by 31%, according Embrapa Gado de Corte’s researchers. In addition to concentrating the births, weaning operations, vaccinations and deworming, the breeding season usually takes place between October and March, when better quality and amount of forage plants is observed. (Embrapa Beef Cattle)
Ethanol exports increased again in September. 338.94 million L were exported, 76.7% more than what was recorded in 2021. (Department of Foreign Trade)
Nespresso, Nestlé’s coffee brand, announces its first 100% organic and Brazilian coffee. The product will be sold in capsules in Brazil, Germany and Switzerland. Coffee beans are produced on specialized farms, free from the use of chemical inputs. (Nestlé)
For the third year in a row, the weather phenomenon La Niña will influence rainfall. Southern states may be affected once again in the summer agricultural season. According to Estael Sias, meteorologist at MetSul, despite the rains recorded in recent weeks, the tendency is for rainfall to decrease in October, especially in the State of Rio Grande do Sul, where temperatures are expected to be higher and farmers run the risk of having problems already when sowing soybeans. States of Paraná and Santa Catarina can also be impacted by La Niña, but with less intensity. It is expected that the rainfall regime in the States of Mato Grosso do Sul and São Paulo will also be affected, with values below the historical average. (MetSul)
Use of pesticides containing paraquat dichloride, methomyl, chlorpyrifos-methyl and chlorpyrifos-ethyl, considered highly toxic, was prohibited. This is part of the Ministry of Agriculture’s New Work Plan for the Regulation and Inspection of Pesticides in Chile. (Minagri; SAG)
Irrigated area with high technology systems reaches 98,003 hectares in the country, with 2,088 installed equipments. Among those, 1,618 are fixed center pivots, 408 are mobile and 62 are front feeders. The largest amount is in the Ñuble region, with 478 units, which represents 22.9% of the total in the country. (National Irrigation Commission)
First variety of black rice developed in Chile was presented by INIA during Expo Chile Agrícola. Among its nutritional characteristics, the highest fiber and antioxidant content stands out. Product should reach the market in the 2024/25 harvest, sold by several national brands, such as Tucapel and Miraflores. (INIA; Expo Chile Agrícola)
Chilean salmon and trout exports to Brazil totaled US$ 478 million, an increase of 29.3% compared to 2021. “With the opening of markets after the Covid-19 pandemic, salmon exports went back to pre-pandemic levels. “This recognition of the high and sustained demand for Chilean salmon by our main markets such as Brazil, Japan and the USA is linked to the world trend of consuming healthy and quality proteins”, says Hugo Corales, commercial director of ProChile in Brazil. (ProChile)
Agroindustries halted their activities in September and a further drop in processing is expected. Sector faces a serious lack of raw material caused by the fall in production in the harvest. “This month would already be the last with a significant volume of crushing, considering that after the first weeks of September practically all of Cappro’s industries are stopped due to lack of raw material to continue processing”, according to a report by the Paraguayan Chamber of Oilseeds and Cereals (Cappro)
Lavoro, the largest Brazilian retailer of agricultural inputs, announces their entry into the markets of Peru and Chile through the acquisition of NS Agro, a holding of agricultural input retailers operating in both countries, specializing in crop protection, fertilizers, seeds and special products. Value of the deal was not revealed. The group’s revenue in 2021 was approximately US$190 million. (Lavoro; NS Agro)
New lines of credit were created for the agricultural sector, through an agreement between the General Directorate of Finance and the Republic of Microfinance. Lines of credit offered are for working capital and for investments and improvements in infrastructure for horticulture, fruit growing and beekeeping. (Digegra; RMSA)
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