Argentina Archives - Page 38 of 40

Argentine soy sales after tax cut disappoint government

By Reuters, GFM Network News January 5, 2016

Buenos Aires | Reuters — Argentina’s centre-right government said Monday it was disappointed by the volume of soy stocks sold by farmers in the three weeks since it reduced the tax on soybean exports. President Mauricio Macri cut the tax on shipments of soybeans, the country’s main cash crop, from 35 per cent to 30 […] Read more

Crops, Markets, Reuters, Weather

U.S. grains: Rain in Brazil’s forecasts dampens soy futures

By GFM Network News December 24, 2015

Chicago | Reuters — U.S. soybean futures touched a one-week low on Thursday as expectations for beneficial rains in top exporter Brazil overshadowed stronger-than-expected U.S. export sales. Concerns about large U.S. supplies and poor export demand pushed March corn to settle at a new contract low, while wheat futures reached a three-week low. Traders kept […] Read more

Port of Quequen, Argentina. (AntaresShipping.com)

Crops, Markets, Reuters, Soybeans

Devalued Argentine peso seen spurring grain exports

By GFM Network News December 18, 2015

Buenos Aires | Reuters — The currency devaluation set to kick off in Argentina on Thursday is expected to pump millions of tonnes of pent-up grains supply into the international market at a time when the world is already seeing record stockpiles. For the first time since 2011, Argentines have full access to U.S. dollars […] Read more

Corn, Crops, Markets, Reuters

Argentina’s Macri ditches wheat, corn, beef export taxes

By GFM Network News December 15, 2015

Buenos Aires | Reuters –– Argentine President Mauricio Macri said he would sign a decree on Monday eliminating corn and wheat export taxes as part of his plan to revitalize the country’s massive farm sector after years of antagonism with the government. The decree will also cut the export tax on soybeans, the country’s main […] Read more

Corn, Crops, Markets, Soybeans

CBOT weekly outlook: Soy, corn hold in trading range

By GFM Network News December 9, 2015

CNS Canada — Supply and demand estimates from the U.S. Department of Agriculture held few surprises and had only limited effects on Chicago Board of Trade corn and soybeans — both rangebound in the short term, according to one U.S.-based analyst. “That report was pretty non-eventful right now,” said Scott Capinegro of Barrington Commodity Brokers. […] Read more

Cereals, Corn, Crops, Reuters

Argentina ag minister says grain export taxes on way out

By Reuters, GFM Network News November 29, 2015

Buenos Aires | Reuters –– Argentina’s incoming government will abolish export taxes on corn and wheat the day after it assumes office and reduce the export tax on soy by five per cent, designated Agriculture Minister Ricardo Buryaile confirmed to the daily Clarin. President-elect Mauricio Macri won the election last Sunday on a platform of […] Read more

(Photo courtesy Water Management Research Unit, ARS/USDA)

Corn, Crops, Markets, Soybeans

CBOT weekly outlook: Corn, soy seek direction

By GFM Network News November 26, 2015

CNS Canada — Soybean and corn futures at the Chicago Board of Trade moved higher during the week ended Wednesday, but both commodities remain rangebound overall and looking for an outside spark to push values significantly one way or the other. January soybeans moved above their 20-day moving average on Wednesday, which triggered some additional […] Read more

Crops, Reuters

Argentina halts Europe-bound rice ‘impregnated with cocaine’

By GFM Network News September 24, 2015

Buenos Aires | Reuters — Argentine customs agents found about 30 kg of cocaine hidden in a way they had never seen before when drug-sniffing dogs found the drug had been absorbed into grains of rice headed for Europe via Africa, an official said on Wednesday. The bust underscores the role Argentina has come to […] Read more

Crops, Markets, Reuters, Soybeans

Farmers in soy powerhouse Argentina start five-day sales strike

By GFM Network News August 24, 2015

Buenos Aires | Reuters — Argentine farmers started a five-day crop sales strike on Monday, part of an election-year push in the world’s No. 3 soybean exporter to change policies that they say have killed profits under outgoing President Cristina Fernandez. The country is the biggest international supplier of soybean livestock feed, which has helped […] Read more

Beef Cattle, Livestock, Markets, Reuters

USDA takes first step to import fresh beef from Brazil, Argentina

By Reuters, GFM Network News June 29, 2015

Chicago | Reuters — The U.S. Department of Agriculture’s Animal and Plant Health Inspection Service (APHIS) is amending its regulations to allow fresh beef into the U.S. from Brazil and Argentina under specific conditions that mitigate risk of foot-and-mouth disease (FMD), the agency said Monday. “This is the first step of a process for these […] Read more

U.S. livestock: Cattle futures higher on screwworm news

Trade mission heads for Japan as Canada becomes the country’s top pork supplier

U.S. grains: Soybeans drop on lack of Chinese demand, wheat hits contract lows

GFM Network News