Hugh Bronstein
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Articles by Hugh Bronstein
Argentina to levy 8% tax on biodiesel exports
BUENOS AIRES (Reuters) — Argentina will put an 8% tax on biodiesel exports starting next year, the government said in its official gazette on Wednesday, just days after the United States accused the South American country of subsidizing the fuel. The US International Trade Commission (ITC) said this month that biodiesel imports from Argentina and Indonesia harm US producers. It announced that anti-dumping and anti-subsidy duties would remain for at least 5 yr.
'Drastic change' toward dryness threatens Argentine corn yields -analysts
Published Jan 4, 2022 2:53PM EST Credit: REUTERS/Enrique Marcarian Better-than-expected rains boosted Argentine wheat production this season but the weather panorama has changed "drastically" since mid-December, with dryness threatening corn crops just as they enter critical development stages, analysts said.
'Drastic change' toward dryness threatens Argentine corn yields -analysts
Author of the article: Reuters Hugh Bronstein and Maximilian Heath Article content BUENOS AIRES — Better-than-expected rains boosted Argentine wheat production this season but the weather panorama has changed “drastically” since mid-December, with dryness threatening corn crops just as they enter critical development stages, analysts said. Indeed, analysts might start marking down their record high 2021/22 corn harvest estimates if it gets too dry next month.
ACTUALIZA 2-Estimación cosecha de trigo de Argentina sube a récord 21,5 mln ton: Bolsa Cereales Buenos Aires
Agencias Por Hugh BronsteinMaximilian Heath 23 de Diciembre de 2021 (Actualiza con comentarios de especialistas) Por Hugh Bronstein y Maximilian Heath BUENOS AIRES, 23 dic (Reuters) - La cosecha de trigo 2021/22 de Argentina registraría una producción récord de 21,5 millones de toneladas, por encima de los 21 millones estimados previamente, gracias a rendimientos superiores a los previstos, dijo el jueves la Bolsa de Cereales de Buenos Aires (BdeC).
UPDATE 2-Argentine wheat harvest seen at a record 21.5 mln tonnes as weather set to improve
(Ads farmer and analyst quotes) By Hugh Bronstein and Maximilian Heath BUENOS AIRES, Dec 23 (Reuters) - Argentina's 2021/22 wheat crop is expected at a record 21.5 million tonnes, the Buenos Aires Grains Exchange said in a report on Thursday, citing better than expected yields as its reason for increasing its previous 21 million tonne forecast. Weather experts said they expect better rains in January to help the development of recently planted soy and corn crops.
ACTUALIZA 1-Argentina paga 1.900 millones de dólares al FMI
(Cambia redacción para informar el pago) Por Hugh Bronstein BUENOS AIRES, 22 dic (Reuters) - Argentina pagó el miércoles 1.900 millones de dólares al Fondo Monetario Internacional (FMI) en momentos en que el país se apresura en renegociar un préstamo fallido otorgado en 2018, según datos del banco central, un paso que una fuente cercana al Gobierno había adelantado a Reuters en la noche del martes.
Argentina pagará el miércoles 1.900 millones de dólares al FMI: fuente
Por Hugh Bronstein BUENOS AIRES, 22 dic (Reuters) - Argentina realizará el miércoles un pago de 1.900 millones de dólares al Fondo Monetario Internacional (FMI) en momentos en que el país se apresura en renegociar un préstamo fallido otorgado en 2018, dijo a Reuters una fuente cercana al gobierno con conocimiento directo de la situación a última hora del martes.
Argentina paga 1.900 millones de dólares al FMI
EFE Latam Videos El desempleo baja en Argentina pero la precariedad laboral va en aumento Buenos Aires, 21 dic (EFE).- La tasa de desempleo en Argentina bajó en el tercer trimestre del año al 8,2 %, su nivel más bajo desde finales de 2017, pero la informalidad y el trabajo por cuenta propia van en aumento, evidenciando una creciente precariedad laboral en el país suramericano.
Argentina corn farmers launch a late planting blitz to avoid summer dryness
Published Dec 9, 2021 3:15PM EST Credit: REUTERS/AGUSTIN MARCARIAN Argentine corn farmers are set for a late season planting blitz to avoid possible dryness over the months ahead, a strategy expected to propel both a record harvest and record exports from the world's second largest supplier of the grain.
Agricultores argentinos apuestan fuerte por maíz tardío frente a verano bajo La Niña
Por Hugh Bronstein y Maximilian Heath BUENOS AIRES, 9 dic (Reuters) - Los agricultores de Argentina apostarán fuerte por el maíz sembrado de forma tardía para evitar posibles condiciones secas durante un verano austral atravesado por el fenómeno climático La Niña, en una campaña en que se aguarda una cosecha y volúmenes de exportación récord del cereal argentino.
Argentina corn farmers launch a late planting blitz to avoid summer dryness
By Hugh Bronstein and Maximilian Heath BUENOS AIRES (Reuters) – Argentine corn farmers are set for a late season planting blitz to avoid possible dryness over the months ahead, a strategy expected to propel both a record harvest and record exports from the world’s second largest supplier of the grain. The South American nation, also a major producer of soybeans and wheat, is facing a La Nina cycle which usually means lower rainfall.
Argentina wheat crop forecast increased to 20.3 mln tonnes - exchange
Published Nov 25, 2021 1:25PM EST Credit: REUTERS/AGUSTIN MARCARIAN Argentina's 2021/22 wheat crop is expected at a record 20.3 million tonnes, the Buenos Aires Grains Exchange said in a report on Thursday, citing better than expected yields as the reason for increasing its previous 19.8 million tonne estimate.
Peru communities resolute on mine shutdowns despite government shift
President Pedro Castillo came to power in July, with the backing of poor communities, who say the mines have deprived them of adequate water supplies and to whom he promised greater benefits. The communities this month launched a wave of protests and told Reuters on Thursday they would resume their action unless the government stuck to the closure plans.
Argentina says to agree economic plan with IMF staff before sending it to congress
By Hugh Bronstein and Nicolás Misculin BUENOS AIRES (Reuters) – Argentina’s government plans to agree on its new multiyear economic plan with International Monetary Fund staff before sending the proposal to Congress, Economy Minister Martin Guzman said on local radio on Friday. “First, we will seek to reach an agreement with IMF staff, and then it will be sent to Congress for ratification,” the minister said in comments to local station Radio Con Vos.
Argentina says to agree economic plan with IMF staff before sending it to congress
Please try another search More More Economy13 minutes ago (Nov 19, 2021 11:16AM ET) © Reuters. FILE PHOTO: Argentina's Economy Minister Martin Guzman poses for a picture before an interview with Reuters at the Economy Ministry, in Buenos Aires, Argentina December 10, 2020. Picture taken December 10, 2020.
Exclusive-Argentina to Agree Economic Plan With IMF Then Present It to Congress -Source
By Hugh Bronstein BUENOS AIRES (Reuters) - Argentina plans to agree a new long-term economic plan with International Monetary Fund staff before submitting it to Congress, a government source said, as talks continued to secure a deal to roll over $45 billion owed to the IMF. With Argentines suffering from high inflation that is hitting their spending power, the ruling coalition was badly defeated in a recent mid-term election.
Argentina vai acertar plano econômico com FMI e depois apresentá-lo ao Congresso, diz fonte
Por Hugh Bronstein BUENOS AIRES (Reuters) - A Argentina planeja chegar a um acordo sobre um novo plano econômico de longo prazo com a equipe do Fundo Monetário Internacional (FMI) antes de apresentá-lo ao Congresso, disse uma fonte do governo, em meio a negociações para garantir um pacto que busca rolar mais de 45 bilhões de dólares devidos ao Fundo.
Argentina acordará plan económico con el FMI antes de enviarlo al Congreso: fuente
Por Hugh Bronstein BUENOS AIRES, 19 nov (Reuters) - Argentina obtendrá la aprobación de su nuevo plan económico por parte del "staff" del Fondo Monetario Internacional (FMI) antes de presentarlo al Congreso, dijo una fuente del Gobierno, mientras las dos partes renegocian la deuda de más de 44.000 millones de dólares que el país tiene con el organismo.
The Enormous Mental Health Impact Of COVID-19
Finance, US News, Wall Street 14 mins ago In Finance, US News, Wall Street The Enormous Mental Health Impact Of COVID-19 While only a miniscule percentage of humans on Earth have not been affected in some way by the Covid-19 pandemic, the ways in which people’s lives have been altered are as diverse as the severity of the effects themselves (with some having even seen positives to come out of the situation).
Argentines vote in midterm trial by fire for President Fernandez
By Hugh Bronstein and Nicolás Misculin BUENOS AIRES (Reuters) - Argentines headed to the polls on Sunday for midterm elections that will establish the power balance in Congress, with the ruling Peronist party battling to avoid damaging losses that could erase its majority in the Senate held for almost 40 years.
Brazil Clears GMO Wheat Flour From Argentina in Global First, but Sales May Be Slow
By Ana Mano and Hugh Bronstein SAO PAULO/BUENOS AIRES (Reuters) - Brazil on Thursday became the first country to allow imports of flour made with genetically modified wheat, though shipments of the new variety developed in Argentina are unlikely anytime soon due to opposition from Brazilian millers and global consumers. The decision may spur a broader global discussion about genetically modified wheat as prices rise and concerns grow that more severe weather could threaten food security.
ACTUALIZA 3-Brasil aprueba harina de trigo transgénico argentino, biotecnológica aún no comercializará cereal
(Actualiza con comentario de cámara de molinos de Brasil y analista estadounidense) Por Ana Mano, Maximilian Heath y Hugh Bronstein SAO PAULO/BUENOS AIRES, 11 nov (Reuters) - Brasil aprobó el jueves la importación de harina derivada del trigo transgénico HB4 desarrollado por la compañía argentina Bioceres, la cual señaló que aún esperará a que otros destinos de exportación autoricen su producto para comenzar a vender las semillas del cereal en Argentina.
Argentine exporters vow safeguards to keep GM wheat out of shipments
BUENOS AIRES, Nov 8 (Reuters) – Argentine grains exporters have asked the government to identify farmers who are growing drought-resistant genetically modified (GM) wheat, so they can halt sales from those areas until top importer Brazil approves the technology. Read Also Cover crop survey expands its focus A survey on cover crops is reaching further than it was originally intended.
Agroexportadores argentinos buscan evitar trigo transgénico se confunda con cereal común en embarques
Agencias Por Hugh BronsteinMaximilian Heath 8 de Noviembre de 2021 Por Hugh Bronstein y Maximilian Heath BUENOS AIRES, 8 nov (Reuters) - Compañías agroexportadoras en Argentina pidieron al Gobierno la identificación de los productores que sembraron trigo transgénico en el ciclo 2021/22 para evitar compras de granos de estas regiones hasta que Brasil apruebe la variedad modificada genéticamente del cereal.
UPDATE 2-Argentine wheat crop estimate increased thanks to recent rains -exchange
(Adds details from exchange report, quotes from independent weather analyst) By Hugh Bronstein and Maximilian Heath BUENOS AIRES, Oct 28 (Reuters) - Argentina's 2021/22 wheat crop is expected at 19.8 million tonnes, the Buenos Aires Grains Exchange said in a report on Thursday, citing recent rains as its reason for increasing its previous 19.2 million tonnes estimate. But possible dryness on the Pampas grains belt over the weeks ahead remains a concern, the exchange said.
Rains help Argentine corn sowing as farmers grumble about export policy
Advertisement This advertisement has not loaded yet, but your article continues below. Author of the article: Reuters Hugh Bronstein Article content BUENOS AIRES — Rains in central Argentina have helped farmers plant 2021/22 corn with 23.2% of expected area sown so far, the Buenos Aires Grains Exchange said on Thursday, while growers wrestle with a new export policy that they say could force them to plant less.
Argentina dice exportaciones de maíz están "abiertas" pese a nueva política de ventas globales
Por Hugh Bronstein BUENOS AIRES, 12 oct (Reuters) - El mercado de exportación de maíz de Argentina sigue "abierto" a pesar de una nueva política del Gobierno que prioriza cultivos ya recolectados por sobre las ventas de la cosecha 2021/22, informó el martes el Ministerio de Agricultura.
Argentina forms agency to manage cargo river, grain exporters worry
By Hugh Bronstein, Maximilian Heath Reading Time: 2 minutes Published: August 25, 2021 Crops Grain is loaded onto ships for export at a port on the Parana River near Rosario, Argentina on Jan. 31, 2017.
100-Year Drought Impacting Argentina's Grain Exports
By Hugh Bronstein BUENOS AIRES, Aug 12 (Reuters) – A once-a-century drought has lowered the water level of Argentina’s main grains transport river, reducing farm exports and boosting logistics costs in a trend that meteorologists said will likely continue into next year. The South American grains powerhouse is the world’s No. 3 corn supplier and No. 1 exporter of soymeal livestock feed, used to fatten hogs and poultry from Europe to Southeast Asia.
La peor sequía en 100 años en Argentina podría reducir la exportación de cereales también el próximo año
FOTO DE ARCHIVO: Barcos varados en un humedal seco en la orilla del río Paraná, en Rosario, Argentina, 8 de julio de 2021. REUTERS/Agustin Marcarian Por Hugh Bronstein BUENOS AIRES, 12 ago (Reuters) - La peor sequía en un siglo ha reducido el nivel de agua del principal río de transporte de cereales de Argentina, reduciendo las exportaciones agrícolas y aumentando los costes logísticos, en una tendencia que, según los meteorólogos, probablemente continuará el próximo año.
'Once in 100 years' drought seen affecting Argentine grains exports into next year
Please try another search More More Forex48 minutes ago (Aug 12, 2021 02:10AM ET) © Reuters. FILE PHOTO: Grain is loaded onto ships for export at a port on the Parana river near Rosario, Argentina, January 31, 2017. Picture taken January 31, 2017.
Union at Escondida mine in Chile asks members to prepare for strike
“The proposal has not changed substantively and remains far from meeting the needed improvements,” the union said in a statement to its members. “We call on you to maintain unity and discipline and to be prepared to face the scenario of an eventual strike,” it said. BHP said in a statement to Reuters that it had made improvements to its offer and hoped to get closer to a deal. “On Wednesday the company made a proposal with substantial improvements, which includes the issues raised by the union.
Argentine truckers' strike bogs down Bahia Blanca grains port at high export season
Advertisement This advertisement has not loaded yet, but your article continues below. Author of the article: Reuters Hugh Bronstein and Maximilian Heath Article content BUENOS AIRES — Arrival of freshly harvested soybeans and corn has been halted at the Argentine port of Bahia Blanca at the height of export season due to a protest by truckers who have blocked roads to press their demands for better pay, local officials said.
Parana River Level Drops To 77-Year Low. Argentina
Reuters July 26, 2021 The government of Argentina on Monday declared a 180-day “water emergency” for the Parana River, which is suffering a historic bout of shallowness that has affected the amount of grains that can be shipped from the country’s key ports hub of Rosario. The country is a major international food supplier. The Parana, which originates in a drought-hit part of Brazil, carries about 80% of Argentina’s agricultural shipments, which are the country’s main source of export dollars.
Exclusive-Historic low river levels force Argentine grains ships to cut cargoes by 25%, ports chamber says
By Hugh Bronstein and Maximilian Heath BUENOS AIRES (Reuters) - Ships leaving the Argentine grains hub of Rosario on the Parana River are having to cut cargoes by 25% due to severely low water levels, the head of the local ports chamber said on Friday, with no relief in sight and the area expected to stay dry for months.
EXCLUSIVE-Historic low river levels force Argentine grains ships to cut cargoes by 25%, ports chamber says
Published Jul 23, 2021 3:54PM EDT Credit: REUTERS/AGUSTIN MARCARIAN Ships leaving the Argentine grains hub of Rosario on the Parana River are having to cut cargoes by 25% due to severely low water levels, the head of the local ports chamber said on Friday, with no relief in sight and the area expected to stay dry for months.
Argentine Agricultural Sector Holds Protest Against Export Caps
By Hugh Bronstein BUENOS AIRES (Reuters) - Argentine grain farmers and cattle ranchers protested on Friday in the town of San Nicolas in Buenos Aires province to voice complaints about export taxes and limits placed on beef shipments that critics say are bad for investment in the farm sector.
Argentine agricultural sector holds protest against export caps
Please try another search More More Commodities13 minutes ago (Jul 09, 2021 04:35PM ET) By Hugh Bronstein BUENOS AIRES (Reuters) - Argentine grain farmers and cattle ranchers protested on Friday in the town of San Nicolas in Buenos Aires province to voice complaints about export taxes and limits placed on beef shipments that critics say are bad for investment in the farm sector.
Argentine exporters say shipping costs to rise under proposed dredging system
Published Jul 5, 2021 2:28PM EDT Credit: REUTERS/MARCOS BRINDICCI The costs of shipping grains from farming powerhouse Argentina would rise under the government's proposal for requiring cargo ships to pay tolls to the state rather than to the company that dredges the Parana River, industry leaders said on Monday.
Argentina to contract Parana River dredging while long-term tender is drawn up
Published Jul 1, 2021 5:12PM EDT Credit: REUTERS/AGUSTIN MARCARIAN Argentina will sub-contract the dredging of the Parana River, the country's key grains export superhighway, for one year while the government prepares a longer-term concession, according to a decree on Thursday.
Argentine soy harvest concludes on target at 43.5 mln tonnes -exchange
Published Jun 24, 2021 3:11PM EDT Credit: REUTERS/AGUSTIN MARCARIAN Argentina's 2020/21 soy harvest has concluded at an estimated 43.5 million tonnes, the Buenos Aires Grains Exchange said on Thursday, 10% lower than the 2019/20 crop but in line with forecasts issued earlier in the season by exchange analysts.
Argentine ranchers slam gov't limit on beef exports, say will hit production
Published Jun 23, 2021 3:53PM EDT Credit: REUTERS/AGUSTIN MARCARIAN Argentina's new policy of limiting beef exports for the rest of this year will hurt production, ranchers said in a statement on Wednesday that signaled rising tensions between the agricultural sector and the center-left administration.
Ganaderos argentinos dicen que el límite del gobierno a las exportaciones de carne "obstaculizará la producción"
Foto de archivo: imagen de vacas en una finca cerca de Pergamino, en las afueras de Buenos Aires, Argentina. 27 abr, 2021. REUTERS/Agustin Marcarian Por Hugh Bronstein BUENOS AIRES, 23 jun (Reuters) - La reciente decisión de Argentina de limitar las exportaciones de carne hasta fin de año mientras se desarrollan medidas para aumentar la producción es contraproducente, dijeron el miércoles tres grupos que representan a los ganaderos y productores de granos.
Argentina pretende reabrir exportaciones carne bovina la semana próxima, con límites: ministro
Por Hugh Bronstein y Maximilian Heath BUENOS AIRES, 17 jun (Reuters) - Argentina busca reabrir con límites sus exportaciones de carne bovina la semana próxima, dijo el jueves el Gobierno, que hace casi un mes suspendió los embarques al exterior para intentar contener los precios domésticos.
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