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NEWS & MEDIA

Argentina announces fewer taxes for herbicide importation Posttime: 2024-04-12: The Argentina government announced a reduction in taxes for the importation of herbicides, a measure announced by the Minister of Economy, Luis Caputo, aiming to favor agriculture. The changes include significantly reducing tariffs for herbicides formulated with Atrazine, Glyphosate, and 2-4-D. According to the announcement, import tariffs will be reduced fr...

US farmers expect to plant less corn and more soybean acres Posttime: 2024-04-01: Producers surveyed across the United States intend to plant 90.0 million acres of corn in 2024, down 5% from last year, according to the Prospective Plantings report released by USDAs National Agricultural Statistics Service (NASS). Planted acreage intentions for corn are down or unchanged in 38 of the 48 estimating states. Acreage decreases of 300,000 acres...

Mexico temporarily postpones glyphosate ban until substitute found Posttime: 2024-03-29: Mexico is holding off imposing a ban on herbicides containing glyphosate that was set for the end of this month until a substitute can be found in order to maintain its agricultural production, the government said Tuesday. The government added that the search for alternatives continued. A statement from Mexicos government said that the Presidential Decree fr...

EU to place tariffs on imports of Russian and Belarus grain Posttime: 2024-03-26: In a big shift, the European Union is planning to impose tariffs on Russian grain, part of an effort to curb Moscows export revenue and appease European farmers who are angry about imports of cheaper agricultural products. The plan--the blocs first push to restrict food products from Russia during the war--comes amid protests over Ukrainian agricultural impo...

Brazil soybean exports are now double that of the U.S. Posttime: 2024-02-27: Brazils 2023 soybean exports reached a record of 3744 million bushels, up 29% from the previous year as Brazilian production hit a new record. Meanwhile, the United States shipments declined 14% to 1,789 million bushels in the same period. Meanwhile, the United States shipments declined 14% to 1,789 million bushels in the same period. The United States and B...

USDA forecasts fewer planted acres in 2024 Posttime: 2024-02-20: The United States Department of Agriculture reported that initial expectations for 2024 planted area are for a decline in total planted area of corn, wheat, and soybeans relative to the previous year. Combined acreage for the three crops is projected at 225.5 million acres a decline of about 1 percent reflecting expectations of lower prices and a reversion t...

USDA projects record 2023 corn yield Posttime: 2024-01-16: The United States Department of Agriculture (USDA) has released its Crop Production 2023 Summary report. This annual report contains crop production data for the past year for grains and oilseeds, sugar crops, cotton, tobacco, and others. Information on area planted and harvested, yield, and production is provided by type of crop, as well as the planted and ...

Argentina pushes to get out of farming time warp with better GMO seeds Posttime: 2024-01-08: Argentina is seeking to make its decades-old rules governing patented seed technology fit for the modern era, a move that would allow it to compete with agriculture powerhouse rivals Brazil and the US. As part of new President Javier Mileis sweeping reforms to liberalize the economy, seed companies including Syngenta Group Co. Ltd., Corteva Inc. and Bayer AG...