Argentina Archives - Page 39 of 42

Argentina declares flood emergency in six key farm provinces

By GFM Network News February 19, 2016

Buenos Aires | Reuters — Six of Argentina’s main farm provinces were declared flood emergency areas by the government on Friday, making special credit lines and tax breaks available to affected growers in the soy- and corn-exporting powerhouse. The resolution, announced in the government’s morning gazette, covers the provinces of Cordoba, Santa Fe, Entre Rios, […] Read more

Crops, Markets, Reuters

U.S. grains: Soybeans set new 2016 low as rains hit dry Argentina

By GFM Network News February 8, 2016

Chicago | Reuters — U.S. soybean futures slid to seven-week lows on Monday after weekend rains across major exporter Argentina reduced the likelihood that dry weather would curb yields. Wheat futures dropped to a one-month low and corn dropped to its lowest level in three weeks as losses in other markets, including equities and energy, […] Read more

Beef Cattle, Livestock, Markets, Reuters

Argentine government to allow beef imports

By Reuters, GFM Network News January 21, 2016

Buenos Aires | Reuters –– Argentina will allow beef imports if the recent opening of the export market results in a domestic shortage of steaks and burgers, farm minister Ricardo Buryaile told local radio Thursday. The country lifted restrictions on beef exports after President Mauricio Macri, elected in November on an open-markets platform, was inaugurated […] Read more

Corn, Crops, Markets, Reuters

Argentine corn sowing booms on optimism over new government

By GFM Network News January 9, 2016

Buenos Aires | Reuters — A late-season corn planting flurry in No. 4 world exporter Argentina could push output to the same level as the previous crop year, thanks to the policies of the new government, the director of the local maize industry chamber said Friday. Growers across the Pampas farm belt applauded the November […] Read more

Livestock, Markets, Reuters

Cargill’s Q2 profit drops amid commodities slump

By GFM Network News January 7, 2016

Chicago | Reuters –– Slumping commodities prices and weak demand in some markets took their toll on profits for global commodities trader Cargill in the quarter ending Nov. 30, sending earnings and revenue down 13 per cent and 10 per cent, respectively. Privately held Cargill, celebrating its 150th birthday this year, is in the midst […] Read more

Crops, Markets, Reuters, Soybeans

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

Daily Network News

Trump tells farmers that tractor companies should lower prices

Get farmers in on federal water security strategy planning, CFA says

U.S. finalizes biofuel blending quotas for 2026-27, cuts RINS for foreign feedstocks

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