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A new GMO cotton was approved in Argentina

(Photo: Secretary Etchevehere heading the Cotton Table) Buenos Aires, February 6th. The secretary of Ag-Industry, Mr. Luis Miguel Etchevehere, announced today the release of a new GMO cotton trait. It is that confers the crop tolerance to the isoxaflutole and mesotrione herbicides, plus glyphosate tolerance. Mr. Etchevehere remarked that this trait is already approved in […]

Will India buy more soybean and sunflower oils from Argentina this year or not?

(Photo: Official Jesus Silveyra met Prime Minister from Maharashtra, offering agricultural cooperation) Buenos Aires, January 29 th. In January, Agricultural Markets deputy secretary, Mr. Jesus Silveyra, met different Indian officials and local leaders in the agricultural sector, preparing the visit of the Argentina President, Mr. Mauricio Macri, next February 19th. As the official press release […]

It is expected that merger of future markets will be ready in May

The president of the Rosario Futures Exchange (ROFEX), Mr. Andrés Emilio Ponte, told to www.eFarmNewsAr.com that it is expected that merger with Buenos Aires Futures Exchange (MATBA) is concluded in May 2019. Last December, the shareholders of the MATBA approved the merger with its counterpart in Rosario. Currently, Mr. Ponte explain, they are running the […]

Rofex sells 5% of its capital for US$10 million

Buenos Aires. January 22nd. The Rosario Futures Exchange (Rofex) announced that they sold the 5% of its capital to Orange Equity Partners, for about ten million dollars. “The entering of high qualified investors, both foreign as local levels, is a relevant event for the Rofex, that provides a confidence signal for the activity of the […]

Evofuel to register first castor variety in Argentina

(Photo: castor production in the semi-arid region of Brazil. The target is to crop it in similar areas in Argentina) Buenos Aires, January 22th. This week, Evofuel Ltd, a wholly-owned by Israeli company Evogene, published the solicitude to register the first castor cultivar in Argentina. The petition was submitted by Dagroti SRL, a local company […]

Winners and losers in the Argentine economy during 2019

By Lorenzo Sigaut Gravina Senior Economist at Ecolatina* Buenos Aires, January 3rd. The economic recovery of 2017 (the GDP climbed almost 3%) boosted the expansion of most productive activities. On the other hand, last year the exchange crisis produced an intense recession (with a GDP decrease of at least 2%) that affected most of the […]

Winners and losers in the Argentine economy during 2019

By Lorenzo Sigaut Gravina Senior Economist at Ecolatina* Buenos Aires, January 3rd. The economic recovery of 2017 (the GDP climbed almost 3%) boosted the expansion of most productive activities. On the other hand, last year the exchange crisis produced an intense recession (with a GDP decrease of at least 2%) that affected most of the […]

Which are the Argentine largest wheat flour exporters?

(Photo: Officials from Buenos Aires Province Government visiting the Molino Cañuelas facilities) Buenos Aires, January 3rd. During 2018, the Government authorized the export of 602,415 tons of wheat flour, a smaller volume than in 2017. Early in the year, it was expected that flour exports reached 800,000 metric tons, but the brutal currency depreciation, a higher […]

A new era for futures markets is born in Argentina

Buenos Aires, December 28th. The year concludes with two great news for the futures markets. One: the volume hedged in the Matba reached a record volume of 44 million metric tons, versus 26.3 MMT in 2017. Two: MATBA’s shareholders approved the merger with Rofex, the other largest futures market in Argentina. “Both are great news”, […]

ACABio expands its corn-based ethanol operation. The reasons behind.

(Photo: The chairman of ACA, Claudio Soumoulou (standing left) and Governor of the Cordoba Province, Miguel Schiaretti (right), during the announcement of the plant enlargement) Last week, the largest farmer’s cooperative in the country, ACA, announced the expansion of its ethanol corn-based plant in Villa Maria, Córdoba Province. Through a US$53 million investment, the cooperative […]