AMERICAS

USDA to release second round of COVID-19 aid, up to US$14 billion

The United States Agriculture Department (USDA) will pay up to US$14 billion to US farmers in its second round of COVID-19 aid, Reuters reported.

China purchases 195,000 tonnes of US corn as domestic prices surge

The United States Department of Agriculture (USDA) said purchasers from China bought 195,000 tonnes of US corn, as corn prices in China continue to rise, Reuters reported.

USDA: 192,000 tonnes of US soybeans exported to China

The United States Department of Agriculture (USDA) said private exporters shipped 192,000 tonnes of US soybeans to China, the first sales of soybeans to China since July 27, Reuters reported.
USDA to release second round of COVID-19 aid, up to US$14 billion
China purchases 195,000 tonnes of US corn as domestic prices surge
USDA: 192,000 tonnes of US soybeans exported to China
LATEST
Monday, October 19, 2020
Brazil corn and soy tariffs suspended until early-2021
Brazil's Economy Ministry said it will suspend corn and soy import tariffs from countries outside the Mercosur trade bloc until early-2021 to lower food prices that are increasing inflation, Reuters reported.
Thursday, October 15, 2020
Argentina's Labour Ministry ends soy workers strike
Argentina's Labour Ministry ended a Federation of Oilseeds Workers strike that had stopped soy processing at Cargill, Bunge, Glencore, and Dreyfus plants, Reuters reported.
Tuesday, October 13, 2020
Brazil's President Jair Bolsonaro to meet soy farmers over inflated soybean prices
Brazilian President Jair Bolsonaro will meet domestic soy farmers next week to talk about increased soy prices, Brazil's most important export commodity, Reuters reported.
Monday, October 12, 2020
Brazil's higher DDG output in 2020 to help lower feed cost
Production of dry grains by distillation (DDG) will grow by more than 60% in Brazil this year, benefiting meatpackers looking for cheaper feed alternatives, an industry group told Reuters.
Monday, October 12, 2020
IPPE organiser decides not to hold in-person event
The health and safety of all IPPE participants is paramount. After thorough consideration, show management for the International Production & Processing Expo (IPPE) has made the decision to not hold the in-person component of IPPE 2021 in Atlanta, Georgia, US scheduled for January 26-28.
Thursday, October 8, 2020
Paraquat approved for use in Brazil's upcoming crop season
According to a statement from Aprosoja, Brazil's grain growers association, health regulator Anvisa said soybean, corn and cotton producers who own inventories of weed killer paraquat have been allowed to use the product for the upcoming 2020/2021 crop season, Reuters reported.
Tuesday, October 6, 2020
US researchers say climate change could make US south agricultural land useless
A research published in published in the Nature Communications journal showed climate change could make agricultural land largely useless in the US south by 2070, forcing US Midwest farmers to shift corn and soybean production due to lower crop yields, Reuters reported.
Monday, October 5, 2020
Argentinian agricultural body says government's grains tax cuts insufficient
Argentina's Liaison Commission of Agricultural Entities, which incorporates the four main farming bodies, said government measures to impose export tax cuts on grains failed to address local farmers' issues as the country faces an economic crisis and strict capital controls, Reuters reported.
Monday, October 5, 2020
US Agriculture Secretary: Uncertain if China will meet Phase 1 agricultural commitment
Sonny Perdue, United States Department of Agriculture Secretary said China may not meet its agricultural purchase pledge in the US - China Phase 1 agreement due to non-agricultural trade issues, Reuters reported.
Friday, October 2, 2020
Argentina plans to introduce temporary soy export tax cut
A local Argentine industry source said Argentina will announce plans to cut soybean and soymeal export taxes temporarily by 3 percentage points to 30% to boost export revenue as Argentina struggles with recession and declining foreign reserves, Reuters reported.
Thursday, October 1, 2020
US stockpiles for soybean and corn fall as exports increase
The United States Department of Agriculture (USDA) said soybean and corn stockpiles were smaller than estimated as the US increased its exports of the commodities to China in the summer, Reuters reported.
Tuesday, September 29, 2020
Brazilian soy farmers group splits from Brazil Agribusiness Association over Amazon deforestation issue
Aprosoja, Brazil's biggest soy farmers lobby group has left the Brazil Agribusiness Association (Abag) because of the latter's support for an initiative requesting the Brazilian government to stop increased Amazon rainforest deforestation, Reuters reported.
Tuesday, September 29, 2020
Louis Dreyfus reports higher first-half profits but decline in equity
The Louis Dreyfus Company (LDC), a major agricultural commodity merchant reported increased first-half profits but also a decline in its equity as it paid out a dividend to shareholders, led by Margarita Louis-Dreyfus, the company's chairwoman, Reuters reported.
Monday, September 28, 2020
Argentina's grains port workers stage 24-hour walk-off
URGARA, an Argentine grains port workers labour union said they will conduct a 24-hour walk-off after talks collapsed with the business chamber that represents private port owners on a collective work agreement, Reuters reported.
Sunday, September 27, 2020
More businesses join farmer cooperative-convened coalition for US broadband connection
The American Connection Project Broadband Coalition, which was convened by farmer-owned cooperative Land O'Lakes Inc. back in July, has grown its membership to over 100 from an initial 49.
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