South America

Argentine farmers protest as tax bill progresses

Lawmakers in Argentina's biggest grains province started debating a bill o n T hursday to hike land taxes despite strike threats by farmers who say the reform would drive some growers out of business. FULL STORY »

Argentina may have bumper soy, corn crop next year

Argentine growers could gather bumper soybean and corn harvests next season as forecasts for wetter weather bring hope to drought-hit farms, a senior USDA official said on Wednesday. FULL STORY »

Argentina orders grains strike suspension

Argentina's government ordered union leaders o n this week to suspend a planned pay strike by oilseed-crushing workers in the grains export hub of Rosario and hold talks with bosses, an industry source said. FULL STORY »

Higher Mexican cattle imports offset lower imports from Canada

U.S. cattle imports through the first quarter are fractionally higher compared with the same period a year ago. FULL STORY »

Brazil meatpacker JBS Q1 net down 21%, beats street view

Brazil's JBS, the world's largest beef producer, said on Tuesday its first-quarter profit fell 21 percent as deferred tax charges and operating costs rose, but the results exceeded the average of analysts' estimates. FULL STORY »

Colombia says U.S. deal to double trade, create jobs

A long-delayed free-trade deal between Colombia and the United States came into force on Tuesday, a step that should boost the Andean nation's exports and foreign investment, President Juan Manuel Santos said. FULL STORY »

China inks Argentine corn deal but exports blocked

Argentina will not export corn to China until a deal is reached over the genetically modified crops, which are favored by farmers in the South American country but currently barred by Beijing, an industry group said on Wednesday. FULL STORY »

Argentine corn, soy harvests slower than last year

Argentina's fall corn and soy harvests are progressing slower than they were last year and with uneven yields compared with the 2010/11 season, the government's weekly crop report said on Friday. FULL STORY »

USMEF: Central-South America buying more quality U.S. beef, pork

One of this year’s best-performing regions for U.S. pork and beef exports has been Central and South America. FULL STORY »

EU preparing WTO trade suit against Argentina

The European Union is planning to lodge a complaint at the World Trade Organization over Argentina's import restrictions and is seeking other trading partners to back its suit, a source familiar with the situation said on Tuesday. FULL STORY »

U.S.-Colombia trade deal to enter into force in May

The U.S.-Colombia free trade agreement will enter into force next month, reducing duties on American exports entering the South American country, U.S. Trade Representative Ron Kirk said on Sunday. FULL STORY »

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