Latin American Agribusiness News
Farmers go on strike for 24 hours in 12 cities, calling for an end to the government’s “fiscal voracity” and state interventionism. The main reasons for the protest are the increase in diesel and fertilizer prices, the exchange rate lag, tax pressure on the sector, among other factors. (Rural Confederations of Argentina)
Corn harvest is hampered because of rains and humidity. Although there was an improvement in the harvest in the first week of July, there is still a delay in relation to the previous year. (Buenos Aires Cereal Exchange)
Yuyo colorado (Amaranthus hybridus) became resistant to another herbicide. The weed was already resistant to ALS inhibitors, glyphosate and hormones; now it has also become immune to PPO inhibitors. (Argentine Association of Direct Seeding Producers)
Argentina formalizes agreement with Cuba on agricultural cooperation. Initially, this agreement shall last for five years and aims at cooperation for the genetic improvement and production of corn, rice, beans and soybean through exchange of information and research results. (Official Gazette of Argentina)
Despite the drought in some regions of the State of Mato Grosso, the harvest rate is above average with more than 74% of corn harvested. Harvest remains above average for the same period in previous years, of approximately 53%. State has already exported thousands of tonnes of corn in June. (State of Mato Grosso Soybean and Corn Farmers Association)
Embrapa presents a new cultivar of rainfed wheat. The cultivar BRS 404 is considered one of the best alternatives for the Cerrado (Brazilian Savannah), having as differential the early cycle and tolerance to drought and heat, with a high quality grain. (Embrapa)
Solinftec, precision agriculture agtech, receives an investment of US$10 million to develop and expand the Solix AG Robotics platform, on which an autonomous robot monitors farms. (Solinftec)
Ministry of Agriculture suspends export of lemons to the EU because of detection of citrus canker. Phytosanitary control of the economic bloc informed the Brazilian government about the detection of citrus canker in shipments sent since the end of 2021. (Mapa)
Wheat price has dropped 30% since early May, but bread prices are still expected to increase because of the high exchange rate. International wheat prices have returned to levels prior to the Russian invasion of Ukraine, but the devaluation of the Chilean peso prevents this from translating into lower bread prices. (Chicago Stock Exchange)
Farmers saved US$ 146 thousand in debts. In 13 months of implementation of the Financial Relief Law, 49432 agreements were reached between farmers and banks. (Ministry of Agriculture and Rural Development)
USDA released the Hass variety avocado from Jalisco for export, after being delayed due to safety concerns. (USDA)
Government allocated more than US$ 132 million to the Multisectoral Plan against Frost and Cold 2022-2024, with the objective to reduce vulnerability of more than 2 million Peruvians and the impacts in the most remote areas of the country. About 810 forage conservation kits and 19,399 veterinary kits were distributed benefiting approximately 1.9 million heads of cattle. (Ministry of Agrarian Development and Irrigation)
In the past four years, INIA developed 25 new genetic varieties of high quality crops, which have increased economic profitability by 80% of more than 2 million farmers in the country. Varieties presented have higher productivity, tolerance to pests and climate change. (National Institute of Agricultural Innovation)
First export of barley and malt is shipped to Europe, generating revenue of US$25 million. Cargo of 28 thousand tonnes was destined to Holland. (Maltería Oriental)
Authorized exports of beef to South Korea. Uruguay is the only country that accesses this market on condition that it is foot-and-mouth disease with vaccination free. (MGAP)
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