Argentina agricultural machinery sales increase dramatically
Despite the damaging floods that affected most productive rural areas of the country, Argentine agriculture continues to grow strongly, and the trend is reflected in the sale of new agricultural equipment. There is considerable data that shows this. For example, in the first half of the year, the sale of combine harvesters, tractors, seeding drills and implements reached a turnover of $ 14,015 million pesos, an increase of 91.4% compared to the first half of 2016, according to the data from Indec. 10,456…
Argentine reforms have ‘more than doubled farm profitability
Argentine reforms introduced by Argentina’s new government have “more than doubled” profitability prospects for farmers, said Adecoagro, the South American agricultural group in which George Soros is the biggest investor. The farm operator – which has more than 350,000 hectares planted with field crops and sugar cane – said that changes introduced by the administration of Mauricio Macri, who was elected Argentine president in December, “have and will continue to have a significant…
