Peruvian Pineapple Exports Reached 427 Tonnes in August
Dry conditions are expected to delay corn planting in the main agricultural zone next week. Planting of the 2024/25 corn began in September. “Most of the Pampas region and Uruguay will see little rainfall, with less than 10 mm”. (Buenos Aires Grain Exchange)
According to the Agrometeorological Report from the National Institute of Agricultural Technology, the lack of rainfall is harming the development of wheat. The condition of wheat farms is varying from medium to poor due to low humidity in the soil. (INTA)
Ethanol, biomethane and sustainable aviation fuel (SAF) sectors are to receive investments of more than US$ 23.50 billion in the coming years, said the president of the Sugarcane and Bioenergy Industry Union, Evandro Gussi. (Unica)
Anticipated sales of soybean from the 2024/25 season reached 24.8% of a production estimated at 171.78 million tonnes, a delay compared to the historical average for the period, with farmers cautious about the dry weather for planting and also due to lower prices. (Safras & Mercado)
Brazil exported 485 thousand tonnes of chicken meat in September, an increase of 22.1% when compared to the same month in 2023. (ABPA)
SLC Agrícola has reached an agreement to purchase 18.8% shares in its indirect subsidiary SLC Landco for US$ 94.88 million. (SLC Agrícola)
Suzano has partnered with agtech CMAK AgroForest to increase digitalization and accelerate the mechanization of forestry operations. (Suzano)
Climate researchers have analyzed the variation in precipitation and evapotranspiration in Brazil from 1960 to 2020. The research found that there is a tendency for arid conditions to increase throughout the country, with the exception of the Southern region and the coast of the States of Rio de Janeiro and São Paulo. (INPE; Cemaden)
State of Mato Grosso suffers from the most intense drought in the last three decades in the period before soybean sowing, which has delayed work on the 2024/25 season. (EarthDaily Agro)
In September, Cargill sold 30 thousand tonnes of soybean meal from the Cachoeira do Sul unit, in the State of Rio Grande do Sul. The sales were worth US$ 12.6 million. (Cargill)
The Brazilian Securities and Exchange Commission issued Resolution No. 214, which creates specific regulations for Fiagros (Investment Fund in Agroindustrial Production Chains). The new regulations seek to facilitate access to Brazilian public savings resources through investment funds and provide standards of conduct, informational transparency and governance to protect investors. (CVM)
Economic growth slowed down in August of 2024, with the economic activity index rising 2.3% annually, a sharp decline from the 4.2% growth seen in July. (Central Bank of Chile)
China and the US are still the main destinations of forestry and agricultural exports, representing 31% and 21% of the total, respectively. Trade balance for forestry and agricultural products reached US$ 8.85 billion during the first 9 months of 2024, an increase of 21% when compared to the same period in 2023. The main items exported were fresh fruits; wines; processed fruits; processed wood; meat and its by-products; etc. (Odepa)
After 17 years of research, the PUC – Chile Citrus Genetic Improvement Program, launched a variety of tangerine, which is named “Isabelina”. According to researcher Johanna Mártiz, the variety is characterized by being easy to peel, no seeds and does not require the use of mesh against pollination. The fruit will be available on the market in 2025. (PUC – Chile)
Coffee production increased by 20% from September 2023 to October 2024. According to the National Federation of Coffee Growers, the goal is to harvest 13 million bags by the end of the year. Good yields have led to a 74% reduction in coffee imports in September. (FNC)
The Government has begun the distribution of land to accelerate agrarian reform. 50 thousand hectares will be granted to small farmers in October. (Ministry of Agriculture)
A railway blockade is compromising the passage of 100 thousand tonnes of grain on the Veracruz – Mexico City route. For almost two weeks now, residents of Chapulco have been blocking vehicles from passing through the highway in protest due to the lack of water. According to Felipe Dueñas, president of the National Grains and Oilseeds Supply Council, the blockade will harm chicken and pig farmers, the bakery industry, etc. (Conago)
Record in grain imports, with 31.7 million tonnes brought into the country between January and August of 2024. This is an increase of 20% when compared to the same period in 2023. According to the Agricultural Market Consulting Group, imports are 35% higher when compared to 2020. (GCMA)
GPSA Agropecuaria has signed a contract with the Government of Paraguay for the use of part of Estancia Pedernal, a property belonging to the military, for the cultivation of rice. The military farm is located north of Presidente Hayes, and has a total of 46 thousand hectares. The agreement term is for 20 years. (GPSA Agriculture)
Peruvian pineapple exports reached 427 tonnes in August, a drop of 22.4% when compared to August of 2023. More than 72% of shipments were to the USA. (Fresh Fruit)
Ended the period of falling prices in the livestock market, mainly for cattle and sheep. “With agile entries and low supply, the downward trend was interrupted”, according to the Livestock Shippers Association. (ACG)
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