FORT COLLINS, Colo., Oct. 12 /PRNewswire/NEWSdesk -- CyberCrop.com announced that it will soon offer weekly agricultural news from South America through an agreement with MegaAgro.com, an agricultural e-commerce site in South America. The agreement allows both companies to exchange content. The MegaAgro.com news will be featured on the CyberCrop.com world news page and is another key addition to the site.
"The South American coverage will be of major interest to our producers and buyers," said Scott Deeter, CEO of CyberCrop.com. "The information will supplement U.S. ag news provided by the CyberCrop.com news staff."
MegaAgro.com supplies informative content and e-commerce tools for the agriculture industry in South America. Agribusiness is the single largest segment in the South American economy, representing approximately six to seven percent of gross domestic product. MegaAgro.com has focused its initial efforts on Brazil, Argentina, Uruguay and Paraguay. Combined, Brazil and Argentina represent the third largest agricultural market after the U.S. and China, with the largest arable land potential of all three markets. Because of the high production of corn and soybeans in Brazil and Argentina, exports from these countries have a major impact on global commodity prices. During the winter months, U.S. farmers are particularly interested in monitoring crop production news from this competitive region because of pricing implications.
The five full-time editors at CyberCrop.com provide U.S. growers with current agricultural news, weather, and market data, analysis and commentary that applies to their specific operation. Through the agreement, the estimated 400,000 people in the agriculture-related online community in Argentina and Brazil will have access through MegaAgro.com to the U.S. news generated by CyberCrop.com. The number of people reached is expected to grow quickly as MegaAgro.com expands throughout Latin America.