Under the influence of animal welfare groups and declining profits, Australia plans to implement legislation to end the export of live animals in some four years time. Under the plan farmers who depend on such a trade will be helped to make the switch to domestic processing, which has turned into a booming success.
Canada's Food Inspection Agency (CFIA) greenlighted the entry of Paraguayan meat into their market with nine packing plants already authorized to start shipments. Paraguayan President Santiago Peña celebrated the good news with postings on social media. I congratulate all the institutions and sectors involved for this important achievement, he wrote.
Brazil's National Supply Company (Conab) has been entrusted with purchasing one million tons of rice to feed the people of Rio Grande do Sul and avoid the intervention of middle people seeking a black market profit from the victims of the unprecedented storms. Under normal circumstances, Rio Grande do Sul accounts for 70% of Brazil's rice production.
The benchmark for world food commodity prices edged higher in April, as higher prices of meat and modest upticks for vegetable oils and cereals outweighed decreases in sugar and dairy product prices, the Food and Agriculture Organization of the United Nations (FAO) reported.
A survey conducted in Beijing and Shanghai between two renowned academic groups in China and Brazil, revealed that some Chinese consumers are willing to pay more for beef, provided it is not linked to deforestation in the Amazon and have a budding interest in traceability.
Several US states, spear headed by Florida are on a campaign to ban the sale and distribution of lab-grown or cultivated meat. The process of making cultivated meat involves extracting cells from an animal, which are then fed with nutrients such as proteins, sugars and fats, and they were first cleared for consumption in the US in 2022. The end product is genetically indistinguishable from traditionally produced meat.
Paraguayan President Santiago Peña and Japan's Prime Minister Fumio Kishida met Friday in Asunción to strengthen bilateral ties as well as to further discuss a free trade agreement (FTA) with the Southern Common Market (Mercosur). Peña, who holds the group's rotating presidency, expressed in a statement his “fervent desire” to “move forward with a free trade agreement between Mercosur and Japan.”
Argentina's 2024 exports of soybean, corn, wheat, sunflower, and barley have been projected to reach barely US$ 29.3 billion, which would represent a US$ 5.7 billion recovery from 2023 but a US$ 1.7 billion slump compared to the last five years' average, the Grain Stock Exchange in Rosario (BCR) announced in its latest Guía Estratégica para el Agro (GEA) report. The new figures represent an 18% downward revision from December's calculations.
The United States Senate last week passed a resolution overturning the US Department of Agriculture rule allowing Paraguayan fresh beef imports. The next step in the process in the House of Representatives where the show of bipartisan consensus is expected to be repeated, reported the US Beef Newsletter.
Uruguay's rural producers underlined that the constant appreciation of the local peso against the US dollar was detrimental to their exporting activities and insisted that the appropriate exchange rate should be US$ 1 = UY$ 58 instead of UY$ 37.5, which represents a 3.9% drop so far this year.