Maximilian Heath

Argentina ditches takeover plan for soymeal giant Vicentin

01 Aug 2020

BUENOS AIRES Argentine President Alberto Fernandez pulled the plug on a planned government takeover of cash-strapped soymeal giant Vicentin, according to a tweet sent by the Peronist leader on Friday, after a local judge partially blocked the move.

Argentina nears China hog deal it hopes could turbocharge local pork production

29 Jul 2020

BUENOS AIRES/BEIJING Argentina is nearing an initial agreement with China that could pave for the way for potential investments by the Asian giant in local pork production for export, Argentina's undersecretary of trade and investment promotion told Reuters.

COFCO, Bunge grains plants hit in Argentina after COVID-19 cases detected

29 Jul 2020

BUENOS AIRES Grains operations of Chinese food giant COFCO and U.S. agribusiness firm Bunge Argentina have been hit by the detection of cases of COVID-19 among workers, underscoring a challenge for the South American country as infection numbers rise.

Argentina says hit by second locust swarm, farmers on alert

22 Jul 2020

BUENOS AIRES Grains powerhouse Argentina is getting hit by a second swarm of locusts arriving from neighboring Paraguay, Argentina's Senasa agricultural health inspection agency said on Tuesday, putting farmers on notice about possible crop damage.

Suspension of some Argentine meat exports to China not seen hurting industry: chamber

17 Jul 2020

BUENOS AIRES Argentine meat processing plants that have temporarily stopped exporting to China will not have to suspend for more than 10 days and the situation poses no long-term threat to the sector, the head of the local meat industry chamber said on Thursday.

Argentina suspends exports from eight meat plants to China after COVID-19 found

16 Jul 2020

BUENOS AIRES Argentina has suspended exports to China from eight meatpacking plants after cases of the novel coronavirus were found among their employees, Argentina's food quality and safety body, Senasa, said on Wednesday.

Argentina confirms COVID-19 at six meat plants, halts their China exports

16 Jul 2020

BUENOS AIRES Argentina has confirmed cases of COVID-19 at six meat processing plants and temporarily halted their exports to China, Carlos Alberto Paz, the head of official food safety body Senasa, said on Wednesday.

La Nina-linked dryness seen likely to hurt Argentine wheat yields

15 Jul 2020

BUENOS AIRES A mild La Nina weather event is likely to hit Argentina in the final stretch of its wheat growing season, meteorologists said, extending a dry spell that has affected planting.

Argentina grains exchange says may further cut wheat planting forecast on dry weather

09 Jul 2020

BUENOS AIRES, July 8 The Buenos Aires grains exchange said on Wednesday it could further cut its forecast for Argentina's 2020/21 wheat planting area, currently at 6.5 million hectares, due the dry weather that has affected producing regions in recent weeks.

Argentina economy to shrink 12% in 2020 as pandemic batters output - central bank poll

04 Jul 2020

BUENOS AIRES Argentina's economy is expected to contract by 12% in 2020, a monthly central bank poll of analysts showed on Friday, worse than the previous estimate of a 9.4% decline, as output is ravaged by measures to tame the coronavirus outbreak.

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