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Argentine soy, corn planting seen boosted by rains
Posted by Reuters: Hugh Bronstein on October 9th, 2012
Reuters: Corn and soy planting in the eastern Argentine province of Entre Rios will be helped by light rains this week while the country's key farm area to the south starts getting the sunshine needed to recover from recent flooding, a forecaster said on Tuesday.
The wet start to Argentina's spring planting season has raised hopes for big harvests after dry crop weather in the United States, Russia and Australia sapped food stocks and squeezed global grains prices higher.
The South American country...
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World soy supplier Argentina needs wider rains
Posted by Reuters: Hugh Bronstein on February 3rd, 2012
Reuters: Farm analysts living in Argentina's capital city went to sleep on Thursday soothed by the welcome sound of rainstorms, but the showers failed to relieve many of the country's drought-hit soy fields.
While the streets and wide avenues of Buenos Aires were deluged late Thursday, causing traffic jams and a breakdown in train service, some key soy producing areas remained dry after months of below-average precipitation.
Argentina supplies nearly half the world's soymeal, used for animal feed, and...
Analysis: Clock ticking for rains to save Argentine soy crop
Posted by Reuters: Hugh Bronstein on January 5th, 2012
Reuters: Unrelenting sun in Argentina has scorched as much as a fifth of its corn crop and the drought will start biting into the country's vast soy harvest unless rains come to the rescue this month or next.
Benchmark Chicago corn and soybean prices have both rallied more than 10 percent in the past three weeks as a hot, dry southern hemisphere summer has roasted grain fields across Argentina's legendary Pampas farm and cattle region.
Argentina is the world's second-largest corn exporter and third-largest...
Chevron case keeps Ecuador judge up late
Posted by Reuters: Hugh Bronstein on January 31st, 2011
Reuters: Judge Nicolas Zambrano often leaves work so late he has to wake up the security guard to let him out of the courthouse and onto the dark and dangerous streets of this Ecuadorean jungle town.
Zambrano -- a solidly built former air force officer with a shaved head and penetrating brown eyes -- is hearing the $27 billion suit brought against Chevron Corp (CVX.N) by local farmers who say the U.S. energy giant polluted the rain forest with faulty drilling practices in the 1970s and 1980s.
It is...
Chevron case keeps Ecuador judge up late
Posted by Reuters: Hugh Bronstein on January 31st, 2011
Reuters: * Farmers sue Chevron for $27 bln in environmental damages
* Wall Street expects Chevron faces much smaller exposure
* Plaintiffs say company polluted jungle in 1970s, '80s
* Judge stops answering phone to avoid threats, insults (Adds analysts' view of risk to Chevron paragraphs 21-22)
Judge Nicolas Zambrano often leaves work so late he has to wake up the security guard to let him out of the courthouse and onto the dark and dangerous streets of this Ecuadorean jungle town.
Zambrano...