South America


Rijk Zwaan receives Latin America Trade Award
Thursday November 19, Loek Koop (left) and Wim Grootscholten (middle) received on behalf of Rijk Zwaan the Latin America Trade Award from Chris Buijink, General Director of the Dutch Ministry of Economy. Rijk Zwaan received this Award primarily because of their professional and sustainable way of doing..... 0 comments

Wal-Mart Latin America CEO is leaving company
Wal-Mart Stores Inc (WMT.N) said on Thursday that Vicente Trius, the president and chief executive of Walmart Latin America, is leaving the company less than five months after taking on his latest role.Trius, who was previously CEO of Wal-Mart Asia, took on his latest position on July 6. Wal-Mart said his..... 0 comments

Chile Peso Ends Firmer At 16-Month High, Shrugs Off GDP Data
The Chilean peso ended stronger against the U.S. dollar Wednesday, rising to a third consecutive 16-month high close, on higher international copper prices and the euro's gains against the greenback.The currency shrugged off the third quarter gross domestic product data, which showed the economy contracted..... 0 comments

Peru: Arequipa and Moquegua farmers export aromatic herbs to Switzerland
Forty tons of organic aromatic herbs are exported annually to Switzerland by farmers from the departments of Arequipa and Moquegua in southern Peru, said Jose Lombardi, executive director of NGO El Taller which supports this agricultural initiative.He said that the most produced herbs in Arequipa are..... 0 comments

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Blueberry crop in Argentina and Uruguay delayed because of rain
At the moment harvesting of blueberries in Argentina and Uruguay is in full swing, but is seriously hampered by abundant rain in both countries. The Argentinian crop with berries from the northern area 'Tucuman' is the firstwith a crop which strts in September. "In this area weather conditions during the..... 0 comments

Chile peso up slightly after hitting 17-month high
Chile's peso CLP= rose slightly on Wednesday after hitting 17-month highs that increased the likelihood of threatened central bank intervention to tame the sharp appreciation.The peso rose 0.20 percent to 492.50/493.00 per U.S. dollar on broad dollar weakness and higher copper prices. The currency has firmed..... 0 comments

Venezuela’s 2009 GDP May Shrink 2.2%, Rodriguez Says
Venezuelan Finance Minister Ali Rodriguez said the economy may shrink 2.2 percent in 2009, slashing an earlier forecast for zero growth after falling oil output pulled the economy into its first recession since 2003.Gross domestic product shrank 4.5 percent in the third quarter from a year earlier, the..... 0 comments


Major producing areas of La Libertad and Ica were vivited
International experts impressed with high production quality of Peruvian asparagus
The XII International Asparagus Symposium held in Lima, was attended by over 400 participants from Peru and 23 other countries.Click here to enlargeThe number of participants far exceeded that of the previous event hosted in Holland.After visiting the major asparagus producing areas of La Libertad and Ica,..... 0 comments

Argentine fruit exports to Brazil loosing 300.000 USD per day
Argentine exporters claim they are loosing huge sums of money because of Brazilian delays at Customs posts and in extending import licences. This is particularly sensitive for fruit and other perishable exporters.Trucks loaded with perishables delayed at Brazilian Customs “At the beginning it was only..... 0 comments

Agrint from Ecuador
Entrepreneurs in Foreign Trade at the Agrisector
Agribusiness International (AGRINT), is conformed by Ecuadorian entrepreneurs in Foreign trade, with experience in handling perishables in its different phases. Our main service is to consolidate all types of ecuadorian products, with the best quality standards from different regions of the country. We have..... 0 comments


Hispa receives GlobalGap watermelons from Peru
There is only one farm in Peru growing watermelons, which has been GlobelGap certified. GlobalGap is very important as it represents a high level of responsibility and durable production. "Without GlobalGap it is not even possible supply supermarkets" director Fred Rennen of Hispa Fruit BV says. Inaddition..... 0 comments

CARICOM chairman says interest in agriculture dwindling across the region
Chairman of the Caribbean Community (CARICOM), Guyana's President Bharrat Jagdeo, who is also responsible for Agriculture in the Quasi Cabinet of the regional grouping, believes policy makers are losing sight of the importance of agriculture in ensuring regional food security.Jagdeo, addressing a media..... 0 comments

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Chile peso rallies past 500/dlr, nears 16-mo high
Chile's peso rose to a near 16-month high on Monday, breaking the psychological 500 per dollar level on carry trade closures and higher copper prices, despite warnings of possible central bank intervention.The peso firmed 1.1 percent to close at 496.30/496.80 per dollar, slightly off the day's highs. The..... 0 comments

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Uruguay economy stable despite global crisis
A conservative former president and an ex-guerrilla fighter face off in Uruguay's presidential election on Sunday, both vowing to maintain market-friendly policies that have made it one of the most stable economies in Latin America.Leftist Sen. Jose Mujica is leading the polls but the former guerrilla is not..... 0 comments

President Correa announced a state sponsored exporter of bananas in Ecuador
Ecuador will own a banana exporting company- the country is already the world's largest supplier. President Rafael Correa said ... This is to be done in order to stop the "abuses" of entrepreneurs in the sector. "The ultimate solution is to make the banana exporting sector a state run institution and we..... 0 comments


Peruvian Network of banana producers will organize the second international congress of organic bananas
Pedro Quesada extends an invitation to the 2nd International Congress of Organic Bananas from the 9th to the 11th of December, with great expectations this meeting aims to bring together a large number of players in the banana industry to discuss new market trends, associability and technology. The congress..... 0 comments

Tough times for apple producers in Brazil
Apple producers are living one of its worst years in Brazil. The industry is experiencing a significant drop in exports and low prices in the domestic market during off-season. "This is certainly a year that everyone will want to forget," summarizes Pierre Nicolas Pérès, president of the Brazilian..... 0 comments

Brazil markets plunge on new capital inflow tax
Brazil's stocks and currency plunged on Tuesday in one of the roughest trading days in months as investors bailed in the face of a new government tax on foreign investments in local stocks and bonds.The benchmark Bovespa index .BVSP sank 2.88 percent to close at 65,303.11, the biggest one-day loss since the..... 0 comments

Chile fruit exporters sue goverment inspection agency
In early November a Chilean court will rule on a US$108 million lawsuit brought by 126 Chilean fresh fruit export companies against the nation’s Agriculture and Livestock Service (SAG) agency.Chile’s exporters claim that SAG has overcharged them for years for mandatory fruit inspection and certification..... 0 comments

Argentina 12-month inflation expectations remain at 20% - survey
Argentines' expectations for future inflation held steady in October, according to a closely watched survey of consumers.Torcuato Di Tella University said Monday the median expectation for inflation was unchanged on the month at 20%.The median expectation was higher - 30% - in the densely populated area..... 0 comments

Chile exploring new trade opportunities with UAE
Chile signed an economic agreement with the United Arab Emirates (UAE) on Sunday in an effort to boost economic cooperation between the two nations. The signing coincided with “Chile Week,” an event that presents Chilean business and culture in Dubai - the most populous of the Seven Emirates. The Chilean..... 0 comments

Rodrigo Echeverría, President of Fedefruta (Chile):
Fruittrade 2009 has excellent results despite the current economic conditions (includes photoreport)
Fedefruta said that Fruittrade had been an excellent event even in a time of global financial crisis. It has exceeded expectations and equalled the number of visitors to the event in 2008 as well as the amount of funds traded on the business table. Mr. Rodrigo Echeverría, Presidente at Fedefruta comments..... 0 comments


Brazil: AGROPAR and AGROFRUTO look to expand
AGROPAR was founded in Sao Paulo, Brazil in 2004 by an American company looking to invest in Brazil. In 2007 a packing house was brought into operation in Petrolina, Brazil and the company AGROFRUTA was formed.The companies export fruit and vegetables speciallising in mangoes, grapes and limes. They have both..... 0 comments

Purfresh announces availability of Purshade Crop Protectant in Chile
Purfresh, a provider of clean technologies that purify, protect, and preserve our food and water, today announced that Purshade®, a family of unique products scientifically engineered to protect fruits, vegetables, and other crops from harmful solar and water stress, is now available in Chile. Depending on..... 0 comments

Fruit/vegetable Juice in Chile - new research
Euromonitor International´s Fruit/Vegetable Juice in Chile report offers a comprehensive guide to the size and shape of the market at a national level. It provides the latest retail sales data (2003-2008), allowing you to identify the sectors driving growth. It identifies the leading companies, the leading..... 0 comments

Perú:
Invitation and agenda to the XII International Asparagus Symposium
The Organizing Committee is pleased to announce the XIIth International Asparagus Symposium to be held from Thursday October 29th until Sunday November 1st 2009, in Lima , Peru.The IAS 2009 is organized under the auspices of the International Society for Horticultural Science (ISHS) and is hosted by the..... 0 comments

Brazil real strengthens 1% to end at 13-month high BRL1.7025/Dlr
Brazil's real extended recent gains to end at a fresh 13-month high Wednesday with help from continued favorable commodities prices and growing investment inflows.The real ended at BRL1.7025 to the dollar after ending at BRL1.728 to the dollar on the Brazilian Mercantile and Futures Exchange Tuesday.Traders..... 0 comments