The Estancia System: a Distinctive Feature of Southern Patagonia
Estancia System On the pampa (steppe lands) of Southern Patagonia, the individual unit of livestock production is the estancia (ranch) (this system is also used in areas where rainfall is higher). To be cost-effective, given the generally low fertility levels, each estancia covers a large area. Nowadays, three thousand hectares (about 10 square miles) barely provide subsistence for one family. Historically, company-owned estancias were organized on an industrial model and were many times larger (as much as…
European immigration: The owners of Argentinian Ranches
European immigration: The owners of the Argentinian campo / Ranches Argentina has been populated almost entirely by European immigrants. Since colonisation, the South American country has received individuals and families from the Old World. During the last 500 years, Argentina has been a destination for merchants, businessmen, travellers, refugees, and government officials, mainly from Spain, Italy, France, Poland, and Germany. Europeans and the Argentinian campo While many Europeans arrived and settled directly…
Why is Argentina as a “paradox” both to its citizens and to outsiders looking in ?
Translated from a La Nacion article by Mariano Grondona The dictionary defines paradox saying it is a “strange idea, opposed to common opinions and the feelings of the people.” How “strange” is the general feeling about Argentina for Latin Americans? Is not it “paradoxical”, even to the Argentines themselves? There is a whole department of literature devoted to the successes and disappointments of our country to those watching,…
Argentina: Savings Accounts or Direct investment: here is the innovative way to invest saved dollars in times of crisis
The recurring crises in Argentina generated that it has large amounts of money saved without many investment options. With a minimum investment of USD 500, Agropecuaria Surmax allows savers to obtain an attractive annual income in dollars with semiannual interest payments. Argentines have had a general distrust of the financial system for years, added to the economic policy of exchange restrictions, causing many Argentines to doubt a lot when making a financial decision. It is known that Argentina has experienced…
Argentina’s land laws stifle sustainable agriculture
Fewer and fewer farmers grow soy, grains and cereals in Argentina. Though overall exports are at historic highs, over the past three decades the country’s land laws have allowed land to become increasingly concentrated in fewer hands and dedicated to the production of a smaller range of crops, census data shows. Experts say this agribusiness model based on short-term profit disincentivises sustainable practices. The combination of intensive agrochemical use, genetically modified seeds and direct sowing without…
What you need to know before buying farmland in Argentina
Sounds depressing, runaway inflation, the devaluation of the peso, the tax pressure and the effect of uncertainty generated by an election year, all delay decisions. However, there are opportunities. Just like the residential real estate market, rural real estate is no stranger to challenging issues in Argentina. Inflation, the devaluation of the peso and the high tax pressure all affects profitability, but also creates a complex scenario to generate new business which in itself is an opportunity. However,…
For the sixth consecutive month, the level of activity in the Argentine rural real estate market increased
Farmland sales and rentals increased by 18% in June, compared to May 2018 driven by the positive exchange rate stability and the rebound of the Governments popularity in recent surveys. The rural farm price index that measures the level of activity in the rural real estate market (Incair) grew again once again in June and accumulates six consecutive months of increases, reported the Argentine Chamber of Rural Real Estate (Cair). The indicator, which is based on the real estate operations carried out and surveys…
Argentina’s 2019 wheat crop expected to be a record
Argentine farmers are expected to plant 6.5 million hectares of wheat in the 2019/20 season, the government said in a report, citing good rainfall as the reason for the increase from its previous forecast of 6.46 million hectares. “Good soil moisture conditions have favored planting,” the agriculture secretariat said in its monthly grains report. Wheat in Argentina is planted in June and July and harvested in December and January. Some 39% of this season’s wheat crop has been planted so far, the report…
43% of Argentine Agricultural Producers believe that the economy will be much better in 2020
Agricultural producers have expectations about the future of the country somewhat similar to those of last year, according to the entity CREA. ( farmers techinical support organisation ) The survey, conducted in March of 1,233 CREA agriculture entrepreneurs, highlighted that 43% considered that the country’s situation would be better in one year, while in 2018, 46% thought that. In the past year and a half, they reported, “there was a progressive decrease in expectations”, although at levels…
In Argentina there are more farms for sale and at cheaper prices.
The value of rural real estate continued with its downward curve in the second half of 2018, according to CAIR. The sector sees a revaluation after the election depending on the result. ie. If Pro wins again prices should rise. If not then they could stay low for decades. The Board of Directors of the Argentine Chamber of Rural Real Estate (CAIR) highlighted, in its report of the second semester of the year, that “financial investments remains more attractive both abroad and in local loans, competing…
Buenos Aires Province land owners are benefiting from major drainage improvements
With an investment in new drainage works reaching the USD 1,200 billion, in the province of Buenos Aires, the fourth stage of the dredging of the Salado River basin is advancing to help landowners avoid historic flooding. This stage comprises 220 kilometers that go between the Arroyo Las Flores and Bragado. It is considered by the government the most important link to the so-called Master Plan of the Salado River Extension Scheme. The master plan, created during the government of Eduardo Duhalde, encompasses…
Would you like to savour the adventure of Dakar 2015 from your backyard?
Would you like to savour the adventure of Dakar 2015 from your backyard? The Dakar adventure began in 1977 in Africa. Thierry Sabine got lost on his motorbike in the Libyan desert during the course of the Abidjan-Nice rally. Saved in the extremis from the sands, he returned to France fascinated by the sights and decided to share it with others his discovery. Thus, the race route out of Europe was first formed. The route to Algiers crossing Agadez before eventually finishing at Dakar, Africa. The founder coined…
