Author: Javier Preciado Patiño

The soybean complex and the incredible “add-value punishment” policy

(Photo: Alberto Padoan, chairman of the BCR strongly criticized the measure) Buenos Aires, November 20th. After the President Macri’s Administration decided to eliminate the export tax gap between the soybean and its by-products, and to increase them adding AR$4 per dollar exported (in the case of soybean) and AR$3 in the case of the oil and the meal, the Rosario Grain Exchange (BCR) released a study about the impact of this measures on the export of the soybean complex. According to this study, when soybean will harvested in the May 2019, both the bean and its by-products will pay 26.8%...

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Will Argentina be the first country approving a GMO wheat?

(Photo: Francisco Ayala and Martín Mariani Ventura in the presentation of the HB4 wheat in Pergamino) Buenos Aires, November 16th. “We musn’t do what other countries have already done; we must do what no other country did” Self-confident and why not a little bit provoker, the CEO of Bioceres, Mr. Federico Trucco, challenged the audience in the formal presentacion of the HB4 Wheat, the transgenic wheat that added drought tolerance to glufosinate-ammonium herbicide tolerance. The begininng of this development dates from middles ’90 when scientist Raquel Chan’s team identified a gene (HB4) that confers sunflowerseed a better performance under...

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BioArgentina: the fabulous world of biotech entrepreneurship for food production

Buenos Aires, November 13th. More than a thousand people were present at BioArgentina 2019, a forum organized by the Argentine Biotechnology Chamber, to present the incredible world of the biotech startups in the country. With the introducing of Matias Peire, leader of the accelerator Grid Expontential, the more remarkable startups did its public presentation. One of them was Granja Celular Argentina, a local startup in the race to develop cultured meat. “The first cultured burger was released in 2013, but it is expected that in five years the price of a cultured burger will be the same that the burger from a...

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Finally, Bioceres lands in the NYSE via a merger with Union Acquistion Corp.

(photo: CEO of Bioceres, Federico Trucco, will be the leader of the new company) New York, November 9th. Bioceres, a leading Latin American agricultural biotech company (the “Company”), and Union Acquisition Corp. (NYSE: LTN) (“UAC”), a special purpose acquisition company, today announced the execution of a definitive share exchange agreement (the “Exchange Agreement”), pursuant to which Bioceres will contribute its agricultural solutions business in exchange for equity of UAC. This transaction is expected to result in a combined company with an anticipated initial enterprise value of approximately U.S.$456 million, assuming no redemptions of UAC public shares. Immediately upon consummation...

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Who are the largest feed and malt barley exporters from Argentina

uenos Aires, November 8th. From 2015 to 2017, Argentina have exported between 0.7 and 1.9 million metric tons of feed barley. This year, accumulated to September, export reached 1.1 million metric tons. The main costumer of the grain was Saudi Arabian Kingdon, that bought 3.3 MMT in this lapse or the 62% of the total. In the last years, barley output (both malt and feed) oscillated from 4.1 to 5.2 MMT. One million metric tons are bought by the malting industry and the rest is exported. After the arriving of Cambiemos Administration (the party of the President Macri), farmers shifted...

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Official: a new record harvest is expected, but weather decides

(Photo: Officials from Ag-Industry Secretariat, during the presentation in the Buenos Aires Grain Exchange)  Buenos Aires, November 7th. Today, officials from the Ag-Industry Secretariat anticipated that a national harvest of 140 million metric tons is expected for this 2018/19 season, a volume that would mark a new record in the Argentine farming history. In the case of the wheat, for the first time, harvest would surpass 20 MMT, from previous 18.5 MMT. In the case of summer crops (maize and soybean), after a severe drought that cut the output last campaign, this season if there is no weather bad surprises,...

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Know one of the three largest soybean breeding companies in Argentina

Buenos Aires, November 5th. Maybe not as well known as Asociados Don Mario or Nidera Semillas in the world, but Santa Rosa Semillas (SRS) is the third largest soybean genetic developer in Argentina. The company was formed during the ’90 by more than 20 agriculture cooperatives in the Santa Fe province. Today is owned by 19 cooperatives, two private companies and a number of individual stakeholders. From 2010 to the present, SRS registered 30 soybean new varieties in the Seed National Institute (INASE as its Spanish acronym), the institute in charge to enforce the Plant Breeders Act 20.247. This...

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Gustavo Grobocopatel, also known as "Argentinean King of the Soybean" conceded an interview to Farm News Argentine. Competitiviness, investments, agriculture in rented lands, were some of the topics addresed. Coming soon...

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