GFM Network News

Argentina nears China hog deal it hopes could turbocharge local pork production

Reading Time: 2 minutes Buenos Aires | Beijing | Reuters – Argentina is nearing an initial agreement with China that could pave for the way for potential investments by the Asian giant in local pork production for export, Argentina’s undersecretary of trade and investment promotion told Reuters. That could eventually lead to Chinese-backed hog farms in the South American […] Read more

Argentina says hit by second locust swarm, farmers on alert

Reading Time: < 1 minute Buenos Aires | Reuters — Grains powerhouse Argentina is getting hit by a second swarm of locusts arriving from neighbouring Paraguay, Argentina’s Senasa agricultural health inspection agency said on Tuesday, putting farmers on notice about possible crop damage. The new swarm is concentrated in the province of Formosa in north-east Argentina, on the Paraguay border. […] Read more

Argentine farmers strike to protest export tax hike

Reading Time: 2 minutes Buenos Aires | Reuters — Argentine farmers began a four-day sales strike on Monday to protest the government’s hike of export taxes for soybeans and their byproducts, though shipments were not impacted in the major global food exporter. Three of the South American country’s four main rural associations announced the strike last week in frustration […] Read more

U.S. agriculture official calls trade tensions with China ‘new normal’

Reading Time: 2 minutes Buenos Aires | Reuters — The United States and China are still in the early stages of their trade war and tensions that arise from it should be considered the “new normal,” a U.S. Department of Agriculture official said on Wednesday. Washington has tried to hold China accountable for its trade practices and not sought […] Read more

Argentina exports biodiesel to Canada after U.S. imposes tariffs

Reading Time: < 1 minute Buenos Aires | Reuters — Argentine biodiesel producer Ecofuel exported 29,000 tonnes of biodiesel to Canada in March and plans to make a new shipment of the same volume to the country this month, an advisor to biofuels industry group Carbio said Friday. The deal, which marks Argentina’s first biodiesel exports to Canada, comes after […] Read more

Deere fears hit from Trump tariffs, retaliation

Reading Time: 2 minutes Granadero Baigorria, Argentina | Reuters — U.S. tractor maker Deere and Co. is bracing for a negative financial impact from U.S. tariffs on steel imports and worries that retaliatory tariffs on American agricultural exports could follow, CEO Samuel Allen told Reuters in an interview Wednesday. The 25 per cent tariffs, which U.S. President Donald Trump […] Read more

Argentine farmers say Monsanto soy contract breaks local law

Reading Time: 2 minutes Buenos Aires | Reuters — Argentine farm groups on Wednesday asked soy export companies to stop inspecting cargoes for bootlegged biotechnology at the behest of U.S. seed company Monsanto, the latest move in a long conflict between the country’s farmers and Monsanto. Growers in Argentina, the world’s top exporter of soymeal livestock feed, have signed […] Read more

Argentine farmers to halt crop sales for three days in protest

Reading Time: 2 minutes Buenos Aires | Reuters –– Argentine farmers will suspend grain sales for three days to protest export quotas and other government policies they say hurt profits, the country’s main growers’ organizations said Tuesday. The strike will start on Wednesday, March 11, leaders of three of Argentina’s biggest farm groups told a press conference. “This action […] Read more

Argentina’s ethanol mandate just nibbles at corn harvest

Reading Time: 3 minutes Argentina is expected to help replenish global corn supplies with a record harvest this season, even as a fast-growing domestic ethanol industry puts new demands on the world’s No. 2 exporter. Ethanol output in the South American country should more than double next year as new corn-fueled plants come on line to meet demand generated […] Read more