Stories by Hugh Bronstein | Canadian Cattlemen

Argentina says hit by second locust swarm, farmers on alert

By Maximilian Heath, Hugh Bronstein, GFM Network News July 22, 2020

Buenos Aires | Reuters — Grains powerhouse Argentina is getting hit by a second swarm of locusts arriving from neighbouring Paraguay, Argentina’s Senasa agricultural health inspection agency said on Tuesday, putting farmers on notice about possible crop damage. The new swarm is concentrated in the province of Formosa in north-east Argentina, on the Paraguay border. […] Read more

Reuters, Soybeans

Argentina plans to export major amounts of soymeal to China in 2019

By Hugh Bronstein August 3, 2018

Beunos Aires | Reuters – Argentina expects to export significant amounts of soymeal to China starting after the next harvest in May, a top agriculture ministry official said on Friday, as the South American grains powerhouse moves to take advantage of U.S.-China trade strife. Argentine officials were in Beijing on Friday finalizing the paperwork needed to ship […] Read more

Reuters

U.S. says farmers could get cash aid by Oct. but will not be made whole

By Hugh Bronstein July 30, 2018

Buenos Aires | Reuters – U.S. farmers could receive cash payments from a planned $12 billion aid package as soon as late September, U.S. Agriculture Secretary Sonny Perdue told Reuters on July 28, warning that the program will not make tariff-hit farmers whole. Perdue said in an interview on the sidelines of the G20 meeting […] Read more

Crops, Reuters, Soybeans, Weather

Argentina’s soybean season ‘dead’

By Hugh Bronstein March 12, 2018

Buenos Aires | Reuters — Hope has withered for any recovery in Argentine soy yields hit by a four-month drought that shows no signs of abating, farmers and analysts said Monday, prompting China to step in to fill the gap in soymeal exports from the world’s No. 1 supplier. The dryness that has blighted the […] Read more

Reuters, Soybeans

Argentina begins phasing in cuts to soybean export tax

By Hugh Bronstein, Maximilian Heath January 2, 2018

Buenos Aires | Reuters – Argentina has cut its soybean export tax to 29.5 percent from a previous 30 percent, the first step in a plan to gradually reduce the levy to 18 percent over two years, the agriculture ministry said in a statement on Tuesday. The plan will see the tax cut by one […] Read more

Crops, Reuters, Weather

Argentina declares flood emergency in six key farm provinces

By Hugh Bronstein 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

Corn, Crops, Markets, Reuters

Argentine corn sowing booms on optimism over new government

By Hugh Bronstein, Maximiliano Rizzi January 8, 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

Crops, Markets, Reuters, Soybeans

Devalued Argentine peso seen spurring grain exports

By Hugh Bronstein December 17, 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 Hugh Bronstein 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

Crops, Reuters

Argentina halts Europe-bound rice ‘impregnated with cocaine’

By Hugh Bronstein 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

Bayer plans more cost cuts, impairment charges

U.S. livestock: Cattle futures slip as feed grain prices soar

ICE weekly outlook: Canola rebounds on U.S. futures support

GFM Network News