Recently appointed President Javier Milei has passed a “mega decree” that includes the repealing the land foreign ownership rules

The Government will remove the rule that in 2011 limited the sale of fields to foreigners. This law is amongst the 200 pages of other modified or removed to fire up Argentina’s economy and remove the damage that 70 years of Peronism have done to one of the world’s most important economies. These points, among others, are contained in the megadecree of necessity and urgency that the Government will announce. This Wednesday, according to reports, President Javier Milei will…

Global grain shortage is an opportunity for Argentina’s ‘green gold’

The soybean harvest will be smaller than last year, but it will bring in record prices as a result of Russia’s attack on Ukraine. Agro-industrial exports could reach as high as US$41 billion this year, according to experts. Argentina’s strong soybean and grain harvest this year is a source of optimism in the face of a global grain shortage brought on by the war in Ukraine – as well as a supplier of an injection of “agro-dollars” into the country’s battered economy. In May, the…
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