Bolivia's Minister of Rural Development and Lands, Yamil Flores, underlined Tuesday that his country would use biotechnology to produce biodiesel. He also noted that this technology, although promising, must be handled responsibly, considering its impact on people's health as well as on the environment.
Brazil's imports of wheat in the first seven months of the year are almost equal to the total volume purchased overseas during 2023. The report is from the Center for Advanced Studies in Applied Economics (Cepea) at the University of São Paulo, and most probably can be attributed to the catastrophic floods in the southern states of the country, which are the main producers of the grain.
Cattle slaughtering within the Southern Common Market (Mercosur) in the first seven months of this year reached nearly 27 million head, which represented a 2.05 million increase from the same period of 2023 as well as an all-time high.
China and Brazil celebrated on August 15, fifty years of diplomatic relations, which with time paved the way for Beijing to become Latin America's largest economy main trading partner.
Argentina’s economic relationship with China has become increasingly important, with growing trade highlighted by increasing Argentine beef exports, points out the English language China Daily. Something which to a certain point is surprising, given the electoral campaign speeches of president Javier Milei, condemning all authoritarian regimes.
The Argentine government is lowering beef export tax 25%, from 9% to 6,75% basically “to promote sales to foreign markets and improve the level of income of producers and processors, favoring the insertion of Argentina in international markets”, points out the decree published on Tuesday in the Official Gazette.
June, July, August are months of the austral winter and Argentina, southern Brazil, Paraguay, Uruguay hold their main livestock shows, (Palermo, Esteio, Roque Alonso and Prado) including a display of the latest technology advances in cattle feeding and breeding.
Next mid September Brazil begins sowing the 2024/25 soybean harvest expected to reach a record harvest of 165 million tons, and export forecasts of 102 million tons, according to the agribusiness consultancy Stone X.
The US Department of Agriculture, Foreign Agriculture Service, (FAS) estimates that Argentina wheat production from the 2024/25 crop will reach an estimated at 18.6 million tons, up from 15.7 million tons in 2023-24. Planted area increased to 6.2 million hectares with improved conditions in April and May encouraging farmers to plant more than their original plans.
Chile's agricultural sales abroad in the first semester of 2024 amounted to over US$ 7 billion, almost 9% more than in the same period of 2023 thanks in part to a public-private cooperation strategy promoted by the Undersecretariat of International Economic Relations and ProChile, the Ministry's Department in charge of offering and promoting national products and services to the world.