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Asian investment boom seen in Latin America

Selling soybeans, iron and copper ore and other commodities to Asian countries has transformed Latin America over the past decade, stabilizing economies despite worldwide crises and lifting tens of millions of people into the middle class. Now, say officials from both Asia and Latin America, a second gold rush is under way. by The Associated Press Asian…

Irrigated Farming in Bahia Brazil leading the way to Sustainable Farming

The outstanding performance of the Western Bahaian fields in the current crop year now coming to a close, registered with precision and accuracy in the edition of the Western Bahian Yearbook – 2009/10 Crop, was the final  touch to a period of impressive achievements. The first of which was the celebration of the 20th anniversary…

China’s trade with Latin America grew in 2011

The value of China’s trade with Latin America rose 31.5 percent last year to $241.5 billion, a senior Chinese official said. Exchanges between the Asian giant and Latin America totaled just $10 billion as recently as 11 years ago, Chinese Trade Ministry Counselor Yu Zhong Lu told foreign correspondents in Beijing. China exported $121.7 billion…

Agricultural Exports Increase from Peru’s Coastal Deserts

For Peru, agriculture has always been about water and finding inventive ways to capture it. Examples from prehistory include the terraced gardens of the Huari people, the underground aqueducts of the Nazcas, and systems of reservoirs and canals used by the Incas to irrigate their mountain fields. #adp02 Those ancients would be in awe of how…

Grupo Los Grobo says Brazil IPO will have to wait

Argentina’s leading agricultural conglomerate, Grupo Los Grobo, is keeping its planned initial public offering on stand-by as market conditions are not yet suitable. Los Grobo President Gustavo Grobocopatel said in an interview in the coastal city of Cartagena, where he is attending a hemispheric summit, that the company’s IPO plans…

Brazil to lead world in biotech crops

Brazil is on course to dislodge the United States as the world’s top producer of biotech crops in the coming years, a leading promoter of farm biotechnology said Tuesday. The US currently holds the lead with 69 million hectares (170 million acres) under biocrop cultivation in 2011, ahead of Brazil with 30.3 million, Argentina with 23.7 million and India with…