Reuters – Beef prices are surging worldwide, taking meat off the menu in steak-loving Buenos Aires and spoiling summer barbecues in the United States as Chinese imports rise and the cost of feeding cattle soars. Globally, the surge is contributing to the highest food prices since 2014, according to the United Nations food agency, hitting
Reuters – Rains that have pelted Argentina’s Farm Belt since mid-March halted the deterioration of corn and soy yields, and a coming dry spell will help kick off harvesting of the country’s two main cash crops, climatologists said March 31. The South American grains powerhouse is the world’s No. 3 corn exporter and top supplier
Chicago | Reuters — U.S. corn and wheat futures closed slightly higher on Friday, as their recent rally from multi-week lows ran out of steam in the absence of fresh fundamental news, traders said. Soybeans weakened, their ninth decline in 10 sessions as the market remained anchored by expectations of a record crop in Brazil.
La Nina threatens South American, U.S. crops Reuters / The U.S. government forecaster warned Jan. 5 that La Nia, the weather phenomenon widely blamed for withering drought in the southern United States and South America, may persist longer than expected, into the Northern Hemisphere spring. The prolonged La Nia, although weaker than it was a
Buenos Aires/Reuters Rain over the last 10 days in Argentina s central grain area revitalized parched wheat fields and helped farmers with their corn sowing, but dry weather could return, a forecaster said Monday. This season got off to a rough start as planting was slowed by dry soils, but heavy rainfall last week allowed
Flocks of hungry parrots and pigeons are plaguing sunflower farmers in some parts of Argentina, eating their crops and thinning their wallets. As swelling numbers of birds feed on fields, growers try to scare them away using balloons with “menacing eyes” painted on them. Farmers in the South American country, a leading global food exporter,
BUENOS AIRES/REUTERS Argentina’s wheat area is seen slightly bigger than previously forecast and rains have brought relief to crops in recent days, Buenos Aires Grains Exchange said in a report Sept. 9. Argentina is one of the world’s leading wheat suppliers and markets have been closely watching dry conditions affecting 2010- 11 crops in recent