Latin American Agribusiness News
Import of transgenic HB4 wheat flour and grain from Bioceres for processing and production of food and animal feed approved by Nigeria. (National Biosafety Management Agency of Nigeria)
Wheat production faces critical scenario as result of lack of water. This is the worst drought in 15 years. (Rosario Stock Exchange)
Net margins for all crops show a decline as result of commodity future prices. On the other hand, total costs decrease: corn shows a decline of 18%, wheat 16% and soybean 8% in the monthly variation. (Rosario Stock Exchange)
Chaco and Chiquitania regions are affected by drought, impacting food production. Lack of rain is expected to continue until August. La Niña weather phenomenon is considered the main cause of the drought. (National Service of Meteorology and Hydrology)
Seized counterfeit olive oil by the Ministry of Agriculture is donated to be transformed into biodiesel. Inspection seized 4.2 thousand 500 ml bottles of fake olive oil in supermarkets, wholesalers and distributors in the state of Paraná (Ministry of Agriculture)
Funcafé’s interest rate shall be 11% per year in the 2022/23 season. Value is below the Selic rate, currently at 13.25%. US$ 1,1 billion will be made available for the harvest. (Funcafé)
“Forage Crops for Semi-Arid Area” project starts sorghum harvesting, that was planted in the 1Q of 2022, in four Northeast states. The objective is to supplement animal feed during the drought through the production of silage. Project is a partnership between Embrapa and Confederation of Agriculture and Livestock of Brazil (Embrapa; CNA)
Garlic import taxes shall not be reduced from 35% to 14%, as previously announced. Garlic was maintained in the List of Exceptions to the Common External Tariff. It is claimed that garlic has no direct impact on inflation, and duties reduction is not necessary. (National Garlic Producers Association)
Demand for the first half of August should recover meat prices due to the heated market for Father’s Day. Wholesale beef market presents falling prices. (Safras & Mercado Consulting)
Poultry and swine production costs in Paraná State continues under pressure due to the high inflation and price gap. Profit margins do not cover costs. (Agriculture Federation of the State of Paraná)
Announced assistance for 8,000 families affected by recent frosts and blizzards. In addition, 20 tonnes of animal feed were delivered to farmers, for free, in Los Ríos. (Ministry of Agriculture)
Confirmed the bacterium Tenacibalucum piscium presence in salmon. Until recently, the bacterium, that causes skin ulcers, erosion in tails and fins, among other symptoms, had only been detected in Norway. (Interdisciplinary Center of Aquicultural Research of Chile)
Colombian Livestock Farmers Federation signs contract with Agrarian Bank of Colombia to provide access to credit lines to farmers to invest in genetic improvement of dairy and beef cattle. (Colombian Federation of Cattle Breeders)
4.6 million heads of cattle shall be vaccinated against foot-and-mouth disease until August 31. Vaccination program has an investment of US$ 5.5 million and the country is more than 11 years without an outbreak of the disease. (Ministry of Agriculture and Livestock)
Ministry of Agriculture is taking a series of measures to help small banana farmers and avoid its oversupply. Among the measures is the prohibition to increase the planted area, as well as subsidies to farmers who have had their plantations affected by the disease. (Ministry of Agriculture and Livestock)
Trade of food and agricultural products between Mexico and the US reaches record amount of $64 billion in 2021. Major Mexican exports were beer, tequila, avocados and tomatoes. (Agriculture Secretariat; USDA)
Drought and high temperatures shall raise food prices. Almost 9% of the cultivated area was affected by water shortages in the end of May, compromising agricultural production. In addition, the increase of oil prices and problems in the global supply chains are generating high inflation. (Juan Cortina, president of the National Agriculture Council)
Again truck drivers protest against fuel prices, blocking routes PY01 and PY02, because of the drop in international oil prices is not reflected in the domestic market. (National Federation of Truck Drivers)
Corn exports of 2021/22 season decreased by one million tonnes compared to the previous year. Production was affected by adverse weather conditions, sowing delay, as well as closing of routes and delays trucks departure to Brazil as a result of strikes by the Federal Revenue Service and the Ministry of Agriculture of Brazil employees. (Paraguayan Chamber of Grain and Oilseed Exporters and Traders)
Agricultural exports of the first half of 2022 exceed US$ 4 billion, which represents a 20% increase over the previous year and a record for the period. The biggest increase came from coffee shipments. (Fresh Fruit)
90 thousand farmers joined the strike called by the National Confederation of Peruvian Water Users Councils, in protest to the government, demanding more financial support for farmers and investment in water infrastructure. (National Confederation of Boards of Water Users of Peru)
Quince farmers are invited to attend the Production Adaptation Program, which aims to adjust the supply of the fruit. In recent years, the industrial demand for quince has fallen sharply because of the consumption reduction and the failure to sign export agreements. (Directorate General of the Farm)
General Directorate of Agricultural Services performs training for the detection of glyphosate and aminomethylphosphonic acid residues in water and honey. The training was to the Bromatology Laboratory of the Government of Flores Department technical staff. (General Directorate of Agricultural Services)
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