South America

Grains Council praises upcoming Colombia FTA

The U.S. Grains Council commends the Administration’s move forward on technical discussions with Congress on the Colombia Trade Promotion Agreement draft implementing bill and draft Statement of Administrative Action. Today’s announcement will establish a pathway for formal consideration of all three pending trade agreements, including South Korea and Panama. FULL STORY »

JBS signs Amazon rainforest pact

JBS S.A., the world’s largest protein processor, has agreed to stop buying beef from ranches associated with slave labor and illegal deforestation in the Brazilian Amazon, according to the public prosecutor’s office in the state of Acre in Brazil. FULL STORY »

Argentine leader to limit land buys by foreigners

President Cristina Fernandez urged Argentina's lawmakers Wednesday to quickly approve a 2,500-acre (1,000 hectare) limit on rural land ownership by foreigners. FULL STORY »

Free Trade Agreement with Colombia Play video

On this special edition of This Week in Louisiana Agriculture, Michael Danna travels to South America to explore the potential benefits of a Free Trade Agreement with Colombia. FULL STORY »

USMEF’s new South America representative sees excellent growth potential

Jessica Julca, the U.S. Meat Export Federation’s (USMEF) newly appointed representative for South America, discusses the growth potential for U.S. beef and pork exports in her home region. FULL STORY »

U.S., Colombia reach deal on key free trade pact

After weeks of intense negotiations, the United States and Colombia have reached a deal on a free trade pact that the White House says is a vital part of President Obama's economic agenda. FULL STORY »

USMEF Report: Expanded access to Chile positive for U.S. beef

USMEF Economist Erin Daley discusses Chile's lifting of its 30-month cattle age restriction on U.S. beef imports. This move is expected to have a positive impact on export activity, as Chile has recently developed into our most promising beef market in South America. FULL STORY »

USDA announces greater market access for beef and beef products in Chile

Agriculture Secretary Tom Vilsack and U.S. Trade Representative Ron Kirk announced today that U.S. producers are now eligible to ship a larger array of U.S. beef and beef products to Chile. FULL STORY »

Beef trade continues to boost cattle markets

The latest trade data (for January) shows that the strong beef exports from 2010 have carried over into 2011. FULL STORY »

Brazil plans lighter restrictions for foreign land buyers who add value

According to Reuters, Brazil plans to ease restrictions to foreign land buyers who would add value using the land for grain and livestock production. FULL STORY »

Dryness Hurting Brazil Crops May Send Soybeans Above November Highs

Dry weather in Brazil’s major soybean areas has dialed back expectations for next year’s crop and likely will push Chicago futures prices above two-year highs reached in November, grain market analyst Rich Feltes says.

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