South America
Argentine soy exports flat despite Mississippi River woes
Grains powerhouse Argentina lacks the soybean reserves needed to compensate for potential U.S. supply bottlenecks cause by low Mississippi River levels, putting the spotlight on neighboring Brazil, where harvesting has already begun.
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Worst drought in decades hits Brazil's Northeast
Brazil's Northeast is suffering its worst drought in decades, threatening hydro-power supplies in an area prone to blackouts and potentially slowing economic growth in one of the country's emerging agricultural frontiers.
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Argentine crushers low on soybeans, new supply months away
Argentina's soy crushers are running low on beans, causing plants to suspend operations and worry about losing clients, as a December-January drought has slowed supply of raw soybeans to a trickle.
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Argentine soy, corn sowing slowed by driving rains
Key Argentine corn and soy areas have been drenched by storms this month, keeping some fields under water and delaying planting while toxic fungus, bred by the excessive moisture, moves in on wheat fields.
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Rain delays planting in Argentina
As of last Thursday, the Argentine government said 58 percent of the soybean crop had been planted, lagging last season's seeding tempo by 8 percentage points. Growers had planted 63 percent of their corn by Thursday, lagging last year's pace by 10 percent, it said.
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Cargill says Mexico owes it $95 million in NAFTA dispute
U.S. agribusiness company Cargill Inc. filed a suit in a U.S. court on Tuesday to compel Mexico to pay a $94.6 million award over trade barriers the company says Mexico put up against high-fructose corn syrup from 2002 to 2007.
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EU trade chief calls on Mexico to reopen trade pact with Europe
Europe and Mexico need to go back to the negotiating table to rework their 12-year-old free-trade agreement to include services and agriculture, the European Union's top trade official said on Monday.
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September beef exports fall, pork remains steady
U.S. pork exports in September were steady with last year’s volume, while beef exports were well below a year ago. Despite sluggish volumes, however, the value of both pork and beef exports through the third quarter of 2012 remains ahead of last year’s record-setting pace.
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Update on South American soybean crops
November is the most important month for soybean planting progress in South America’s two largest producers, Argentina and Brazil.
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USMEF looks for steady exports in 2013
While global economic uncertainty can change predictions at any moment, the U.S. Meat Export Federation (USMEF) looks for 2013 to be fairly steady in terms of pork and beef exports. The export trade group wrapped up its strategic planning meeting in Indianapolis.
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Argentine storms could cut projected corn crop 20 percent
Argentina could lose 20 percent of its projected corn crop and 10 percent of its soy this season as violent storms lash the Pampas, turning prime farmland into unplantable mush, a local expert said on Tuesday.
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- Meat industry associations quick to attack the new MCOOL rule
- Oil prices pare losses on U.S. equities turnaround
- Future of food discussion with Agriculture Secretary
- Ag markets diverged prove rather volatile on Thursday
- Hormel Foods profit declines as costs pinch
- Livestock Slaughter: Pork production up 5 percent from April 2012
