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SOUTH AFRICA – Argentina -based plant genetics company, GDM, is planning to to launch 13 genetically modified (GM) soy plant varieties in South Africa, Agriculture News SA has reported. Founded over 40 years ago, GDM is a global plant genetics company focused on developing, commercializing, and distributing agricultural products. According to Thiago Schwonka, GDM’s Africa, Asia, and Europe business leader,…
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ARGENTINA- The world’s top soybean exporter, Argentina, is expected to perform dismally in the 2022-2023 marketing year due to the prevailing drought in the country and the rest of South America. According to the United States Department of Agriculture (USDA), Argentina has been experiencing the worst drought in the last six decades, forcing farmers to delay their planting of this…
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GLOBAL- The International Grains Council (IGC) predicts that total grain production will fall by 43 million tonnes this year. In their report, issued on 16th February 2023, the International Grains Council (IGC) lowered its forecast of global total grains production for 2022-23 by 8 million tonnes from their initial projection in January. The new report forecasts the total grain production…
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ARGENTINA-The Buenos Aires grains exchange has slashed its forecast for Argentina’s 2022/23 soybeans and corn production by up to 25% if drought in the South American country’s agricultural region continues. The corn harvest for the 2022/23 season is now estimated at around 45 million tons, down from the 55 million tons previously forecasted, while the soybean harvest was slashed to…
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