Reading Time: < 1 minute Grains merchant Bunge has chartered 30,000 metric tons of Argentine soybean meal cargo destined for China, data seen by Reuters on Monday showed, which would mark the first such soymeal cargo since Beijing approved Argentine imports in 2019.
Bunge charters first Argentine soy meal cargo to China, shipping data show
South American farmers hail Mercosur-EU deal, wary of fine print
Reading Time: 2 minutes South America's agricultural sector, a key source of global food, celebrated on Friday as the regional Mercosur bloc and the European Union struck a free trade agreement, though farmers said they wanted to see the small print of the deal.
Argentina corn harvest faces more deep cuts from stunt disease spread
Reading Time: < 1 minute Argentina's corn harvest, already cut sharply due a stunt disease spread by leafhopper insects, was "likely" to be slashed significantly further, a Rosario grains exchange analyst said on Wednesday, a blow to the embattled South American country.
More South American nations report bird flu cases
Brazil still remains free of contagion
Reading Time: 2 minutes Sao Paulo | Reuters — The confirmation of more bird flu cases in South America raised alarm bells in Brazil, which remains free of contagion even after its close neighbours Argentina and Uruguay confirmed cases there on Wednesday. In a press conference to discuss the global sanitary hazard, Brazilian Agriculture Minister Carlos Favaro said Brazil, […] Read more
Argentine growers who hold soybeans face higher financing costs
Reading Time: < 1 minute Buenos Aires | Reuters — Argentine soy farmers who hold onto stock of more than five per cent of their production will face an elevated financing cost above the normal benchmark rate, the South American country’s central bank said on Thursday, part of a wider push to encourage sales. The central bank said soy farmers […] Read more
Argentina grains truck activity rebounds after strike lifted
Reading Time: < 1 minute Buenos Aires | Reuters — Argentine grains trucking activity has rebounded to near normal levels after a major strike last week, according to transport data and port sources, a relief to exporters in the world’s No. 1 shipper of processed soy and No. 2 for corn. Truckers agreed late last week to end a strike […] Read more
Argentina trucker strike talks fail, threatening grain exports
Reading Time: 2 minutes Buenos Aires | Reuters — Argentine grain-truck drivers, industry groups and government officials failed to make a breakthrough in talks on Wednesday to end a strike, raising a threat to corn and soy exports during the key harvest season. Truckers who haul grains have been on strike since Monday, which has brought to a near […] Read more
Argentine grain truckers strike, threatening exports amid harvest
Reading Time: 2 minutes Buenos Aires | Reuters — Truckers in Argentina began an open-ended strike on Monday to demand higher rates for transporting grain and livestock, an action that could hit grain exports during a key part of the harvest. Argentina, the world’s leading exporter of soy derivatives and second-largest corn exporter, recently started harvesting both grains, which […] Read more
Argentina to restart beef exports to China after caps lifted
Reading Time: < 1 minute Buenos Aires | Reuters — Argentina on Tuesday said it would once again allow cattle farmers to freely export beef to China, lifting a cap imposed earlier this year that had stoked tensions with the agricultural sector. The government had capped beef exports at 50 per cent of the normal volumes to tamp down fast-rising […] Read more
Argentina agrees short-term contract with river dredger
Reading Time: < 1 minute Buenos Aires | Reuters — Argentina’s government has agreed a short-term deal with Belgian firm Jan de Nul to dredge the Parana River, a government source said Friday, a move that should ease industry concerns in the near-term over navigability of the critical grains waterway. Exporters had grown worried about a lack of clarity over […] Read more
A message from April Stewart, Country Guide's Associate Editor
