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Biobest to Acquire Biotrop for €532 Million in Brazil Expansion
The belgian developer of biological crop-protection products will first acquire an 85% stake in the Vinhedo, Sao Paulo-based company, in a transaction expected to be concluded before the end of the year
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Mexico Could Modify GM Corn Ban to Appease US, Canada and Avoid Tariffs
The country’s Agriculture Minister Víctor Villalobos said the government could modify the decree banning genetically modified corn imports in a bid to prevent the US and Canada from imposing tariffs
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How Is South America Preparing for the Effects of El Niño?
Latin American economies could be affected by the climatic phenomenon from September, although floods would help regions that have been hit by drought. How are the region’s governments preparing?
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Mexico’s Government Foresees Resolution of GM Corn Controversy With US In 2024
Economy Minister Raquel Buenrostro says she is ready to defend the government’s stance when a panel is set up between both countries to debate Mexico’s rejection of genetically modified corn imports
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How the Logemann Family Built SLC Agricola Into a $900M Farming Empire in Brazil
SLC Agricola controls 1.7 million acres of planted land in Brazil and traces its origins to a German immigrant who arrived more than a century ago
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Venture Capitalists Feed $125 Million Into French Mealworm Breeder Ynsect
Ynsect, which operates farms in France, the Netherlands and the US, is also expanding in Mexico, while eying a possible entry into Asia
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How Brazil Could Surpass Argentina as World’s Biggest Soybean Flour Exporter
Drought has affected production in Argentina and will impact the exports of a key product, with Brazil set to surpass the country as an exporter of the product for the first time in 26 years
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Argentina Launches Subsidized ‘Malbec Dollar’ to Aid Exports Amid Drought
The policy will give producers a more beneficial exchange rate for 90 days when they sell their products abroad
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40 Top Meat, Dairy Firms Face a $24 Billion Wave of Climate Losses, Says FAIRR
The potential hit to industry profits is driven mainly by higher climate-related costs, which are forecast to increase by over 9% on average
Brazil News
JBS, Minerva, Marfrig Shares Jump as China Resumes Brazil Beef Imports
Brazil is the top beef supplier to China, which is also the main destination for Brazilian beef exports
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Argentina’s Worst Drought in Decades Lands Fresh Blow to Economy
Gross domestic product in South America’s second-largest economy, which desperately needs US dollars, will shrink 3% this year