News About Agribusiness in Latin America
Fuel prices increased 71% in the last 12 months, affecting cargo transport. Only in July, logistics cost index elaborated by the National Technological University indicated an increase of 7.6%. (UTN)
Ministry of Production, Science and Innovation carries out project to reproduce “black soldier fly” (Hermetia illucens) in Buenos Aires. The insect’s larvae are able to recycle organic substrates such as manure and food, while its pupae can be processed to make biodiesel and protein for animal feed. (Argentine Confederation of Associated Cooperatives)
Corn harvest of the 2021/22 season reaches 81.4% of the area. Estimated harvested area is of 7.4 million hectares, 7.6% higher than the previous year. (Buenos Aires Cereal Exchange)
Enacted Law 14433/2022, that releases resources of approximately US$ 240 million to farmers affected by drought in the States of Mato Grosso do Sul, Paraná and Santa Catarina, where the level of rainfall was lower than the historical average. (Ministry of Economy)
Rural insurance claims reached approximately US$ 1.54 billion in the first half of 2022, exceeding total amount of 2021 by 352%. (Ministry of Agriculture)
Corn export protocol to China requires that Brazilian grain must be free of live insects and of 18 quarantine pests. Mapa will register exporters and port warehouses to ensure sanitary conditions. Government should establish integrated management measures to minimize occurrence of pests. (Ministry of Agriculture)
Three species of cover crops were identified as potential hosts of fungus Fusarium oxysporum f. sp. Cubense, that causes banana fusariosis, the most destructive disease for the crop. Identified species are sunn hemp, fodder radish and jack bean. (Embrapa Meio Ambiente)
National Network of Soil Laboratories created in Chillán will allow country to join the Global Network of Soil Laboratories, managed by FAO. Thirty-seven laboratories located between Copiapó and Coyhaque were gathered, with the aim of harmonizing data analysis. (Renalasch)
Frutura is negotiating acquisition of 1,300 hectares for immediate expansion of production area after the acquisition of Subsole, the largest exporter of fresh grapes in the country. Goal is to increase production of avocado and citrus. Juan Colombo, CEO of Subsole, will continue to lead the company. (Subsole)
Live cattle prices dropped by 16.2% in three months. Average value per kg at auction went from US$ 2 to US$ 1.77, calculated in the first week of August. (Colombian Federation of Cattle Breeders)
Concluded first export of sustainable coffee to Italy. Shipment of 17.2 tonnes of “deforestation-free” Arabica variety left the port of Guayaquil. (Ministry of Environment, Water and Ecological Transition)
More than 300,000 tonnes of beef and chicken were exported in the first half of the year, achieving a gain of US$ 1.74 billion, totaling an increase of 1.8% compared to same period in 2021, although pork exports have fallen. (Agricultural Markets Consulting Group)
Agreement for joint strategy against swine fever in the Caribbean signed with the US, aiming to eradicate the disease in the Dominican Republic and Haiti. (Sader)
Projections for the 2022/23 season indicate low risk of another La Niña period in the region. (Capeco)
Delivery of genetic material and 160 embryos of high genetic quality of Simantal and Braunvieh cattle was made to improve livestock in the Ayacucho region. (Midalgri)
Progress in the agreement with China for sorghum exports. Process of enabling sorghum for animal feed initiated in 2018 and in 2021 Uruguay expanded the necessary qualifications related to the list of quarantine pests required by China for human consumption. (MGAP)
Minister of Agriculture signs an agreement with the Genesis Innovation group for the development of new genetic citrus varieties for export. (MGAP)
12,500 Angus heifers were sent to China for crossbreeding with Wagyu cattle to promote premium beef production. Cargo was completed with 300 bulls that will be used as sires. (MGAP)
More than 500 denouncements of expropriation of farms were made, including expropriation, looting and invasions that must be resolved to attract foreign investment. (Fedenaga)
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