South America

Drought reduces Argentina’s corn crop

Argentina began the year with generally favorable growing conditions, but heat and dryness during December and early January has severely reduced production potential. FULL STORY »

Argentine soy, corn crops seen shrinking this year

Argentina's soy and corn harvests will be smaller this season than in the previous crop year, the Buenos Aires Grains Exchange said on Thursday, underlining concerns that recent dry weather might crimp world food supplies. FULL STORY »

Drought-hit Argentine crops refreshed by downpours

Argentine corn and soy benefited from soaking rains that were expected to continue in the weeks ahead, reviving hope that farmers can salvage some crops parched by weeks of hot and dry weather. FULL STORY »

Cattle imports from Mexico finish 2011 strong

U.S. beef cattle imports for 2011 are estimated to have been at 2.075 million head. This is 9 percent below a year earlier, but still indicative of strong import levels in the face of tightened North American Cattle inventory levels. FULL STORY »

Faulty vaccine likely source of FMD outbreak in Paraguay

The Montreal Gazette reports a foot-and mouth case in Paraguay last September is believed to be caused by a flawed vaccine intended to protect livestock from the disease. FULL STORY »

Strong export growth continues to boost U.S. beef exports, imports tightened

U.S. beef exports through August are 27 percent higher, year-over-year. Strong growth continues to several major U.S. beef export markets, particularly Asia. FULL STORY »

Obama hails South Korea trade deal as win for both

President Barack Obama hailed a just-completed trade deal with South Korea Thursday as he welcomed the country's president to the White House, offering warm praise for a solid ally in a world in flux. FULL STORY »

House panel advances FTAs

A House committee vote Wednesday set in motion the final act of the long drama of approving free trade agreements with South Korea, Colombia and Panama. FULL STORY »

Weak dollar propels U.S. to top of beef export industry

Forbes reports U.S. led the world in beef exports in the first half of 2011, but the trend may not continue in the second half as supplies tighten and feed costs remain high. FULL STORY »

McConnell: FTAs to be submitted soon

Senate Minority Leader Mitch McConnell (R., Ky.) said Tuesday he expects free-trade agreements with South Korea, Colombia and Panama to be submitted to Congress soon, as debate got underway on a tariff bill that could pave the way for passage of the long-delayed trade pacts. FULL STORY »

USMEF Audio: Outreach aimed to build demand for U.S. beef in Northern Mexico

In Mexico, the largest destination for U.S. beef exports, most of the U.S. Meat Export Federation’s (USMEF) retail demand-building activities are conducted with large, national retailers and distributors in major metropolitan areas. FULL STORY »

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