South American Real Estate News
/ Month / July

Chile first and Peru second on global economic optimism survey

In spite of the fact that Peru’s level of optimism fell by 12 percentage points for the second quarter and 10 points with regard to the second quarter of 2013, the Andean nation remains among the top of the list of global economic optimism. Chile first and Peru came in second place with 86 percent of businesses being optimistic, along with the United Arab Emirates. Chile was the most optimistic country globally with 88 percent of businesses reporting optimism, according to recent research by the audit and…

The importance of China for Uruguay Soya production cannot be overstated

Soya is part of the legume family which originated from Asia, which has a very high content of oil and protein. It is cultivated during the summer season in the southern hemisphere between the months of January and September depending if its a first or second crop, the harvesting takes place between March to May or June each year. The plant reaches 80 cm in height. It is one of the most consumed grains around the world due to its multiple uses. The grain of soybean and its by-products (oil and soybean meal…

Will Argentine Residential Real Estate Prices keep falling ?

The real estate market has two paths Either route will bring the prices down. The only question is do we choose the path of the United States or Spain,  either way prices  will not stop falling. How to invest in this environment? During the past ten years real estate investment was one of the most popular chosen by Argentine savers. In almost 100% of cases these investments went well.  That was with a growing economy and rising incomes, due to an external commodity boom driven by China, investors had little…

Black River Asset Management owned by Cargill in the US prepares to buy more land

  Black River Asset Management is targeting at least $400 million for its second agriculture-focused investment fund. According to a person familiar with the firm’s plans, the Black River Agriculture Fund 2 LP could collect up to $500 million, but will raise at least $400 million for the vehicle. So far the fund has closed on $90.1 million, according to a filing with the Securities and Exchange Commission . The bulk of the financing came as a $75 million commitment from the Teachers’ Retirement…

Dairy Farming News from South America

Dairy Farming News from South America Recent rains in Uruguay have firmed up dairy production and we are seeing month over month increases in milk production from June 2013 to July 2013.  Milk prices are robust at close to $0.40 a liter with the US$ hovering around UP$ 21.  All indications are that Conaprole is promoting increased milk production to meet WMP export opportunities.  This is good for Uruguay’s dairymen and the industry after the fiasco with the small processing plant owned by Mexican investors…

Dairy Farming in Southern Chile is not unlike farming in New Zealand except the returns are much better

Dairy farming has lots of potential in Southern Chile. Already one New Zealand dairy company called Manuka amongst others has got itself firmly established.  Seventy per cent is owned by five cornerstone investing families, including the Van der Heyden family, and Mark and Diane Townshend of Fonterra fame. Since establishing operations in early 2005, Manuka has now established itself as a significant foreign investor in Chile’s dairy industry. So much so that Manuka now milks 25,000 of Chile’s…