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The 2023-2024 cereal production is predicted to set new records, says the International Grain Council (IGC). Corn and rice yield are projected to grow, with the total cereal output, excluding rice, pegged at 2.3 billion tons, slightly higher than the 2021-2022 season. Corn production is expected to rise by 5.5% YoY to 1.22 billion tons, […]
Argentina’s Defense Minister, Jorge Taiana, recently unveiled Clementina XXI, a supercomputer that ranks among the world’s top 100. This milestone makes Argentina one of two South American countries with such advanced computational resources. In July 2022, Brazil’s leading oil company, Petrobras, unveiled its new supercomputer, Pegasus (or Pegaso), located in Rio de Janeiro. A collaboration […]
In 2023, Brazil’s agriculture and livestock sectors have witnessed impressive growth. The cattle production is forecasted to increase by 1.3%, reaching a total of 48.5 million cattle heads. This growth in the cattle sector has been attributed to increased demand in key markets and efficient production strategies. Brazil’s poultry exports are also on the rise, […]
Peru’s Private Investment Promotion Agency (ProInversion) has allocated more than US$1 billion to six Public-Private Partnership (PPP) and Asset Projects in the first half of 2023, according to a report by the agency. The investment surpasses the US$656 million dedicated between 2019 and 2022, indicating a renewed confidence from local and international private investors in […]