China's soybean importers are boosting purchases from Argentina and Uruguay over the next year to fill the supply gap left by the absence of U.S. shipments as the trade war drags on.
Tag Archives Uruguay
China boosts soybean buys from Argentina, Uruguay amid U.S. trade war, sources say
China has yet to book US soybean imports for fourth quarter
South American farmers hail Mercosur-EU deal, wary of fine print
South America's agricultural sector, a key source of global food, celebrated on Friday as the regional Mercosur bloc and the European Union struck a free trade agreement, though farmers said they wanted to see the small print of the deal.
More South American nations report bird flu cases
Brazil still remains free of contagion
Sao Paulo | Reuters — The confirmation of more bird flu cases in South America raised alarm bells in Brazil, which remains free of contagion even after its close neighbours Argentina and Uruguay confirmed cases there on Wednesday. In a press conference to discuss the global sanitary hazard, Brazilian Agriculture Minister Carlos Favaro said Brazil, […] Read more
Uruguayan shearers flown in to relieve sweltering Spanish sheep
Expert shearers authorized to enter country amid COVID-19 pandemic
Villafale, Spain | Reuters — Brought to Spain on a special flight amid the coronavirus lockdown, some 250 Uruguayan sheep shearers race against time to shear millions of Spanish sheep as sweltering summer temperatures hit. The Uruguayan shearers come to Spain every year, where farmers value them for their skills, their speed and particular care […] Read more
Marfrig to buy control of U.S.-based National Beef
Sao Paulo | Reuters –– Brazil’s Marfrig Global Foods said Monday it would buy control of Kansas City-based National Beef Packing for US$969 million, in a deal that would make it the world’s No. 2 beef processor. Marfrig also said it was seeking to sell an existing U.S. unit, Keystone Food. The proceeds will be […] Read more
Brazil blocks JBS deal, seeks asset freeze
Brasilia | Reuters — A Brazilian judge has blocked JBS SA’s planned sale of a South American unit while the attorney general’s office urged the company’s assets be frozen, in signs of fallout from a corruption probe involving the controlling shareholders of the world’s No. 1 meatpacker. Federal Judge Ricardo Leite blocked JBS’s US$300 million sale […] Read more
JBS sells LatAm units to Minerva
Sao Paulo | Reuters — JBS SA has agreed to sell plants in Argentina, Paraguay and Uruguay to rival Minerva SA for US$300 million, as the world’s largest meatpacker seeks cash to weather a corruption scandal that caused a spike in funding costs. JBS will use proceeds from the transaction to cut debt, according to […] Read more
Ont. turkey farm’s avian flu confirmed as H5N2
A quarantined southwestern Ontario turkey farm has been confirmed with the same strain of highly pathogenic H5N2 avian flu seen on farms in British Columbia and several U.S. states. The Canadian Food Inspection Agency said Wednesday that samples tested at its National Centre for Foreign Animal Disease in Winnipeg have confirmed the virus’ subtype and […] Read more
Canadian Cattlemen Presents: Depth of Field
