The future of food in South America
The future of food in South America is uncertain because high-quality food will be grown anywhere in the world with the lowest input cost. The leadership of agriculture and food exports in South America is an achievement of generations and now yields its best harvest. This continent has a most conducive climate for producing high-quality food, as well as exceptional soils, thanks to the volcanic ash of the Andes, accumulated over millennia. All these factors, coupled with hard work, the application of research…
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…
A record harvest of 145 million tonnes produced in Argentina
They are official estimates but are supported by the historical production of maize, of 55 million tons, and a soy campaign of 55.9 million. Etchevehere highlighted “the merit of the growers in investing without looking to the elections or the current country risk.” The agricultural campaign 2018/19 will reach a historical maximum, with 145 million tonnes, which improves by 6 % the results of the last harvest with normal climate against last years drought, the 2016/17, when they had produced only…
Bumper wheat harvest should ignite Argentina economy
A record wheat harvest expected in Argentina this year could arrive just in time to jumpstart the ailing South American economy in the fourth quarter, after growth has been hit by low investment, high inflation and a soy crop devastated by drought. Farmers are rushing to plant wheat in the moist conditions left by rainstorms that helped destroy Argentina’s recently-harvested soy bean crop. Months of dry weather gave way in April to three weeks of storms that helped cut the crop to about 35 million tonnes…
Argentine Tax Reform “The times they are a-changin'”
ARGENTINE TAX BILL: A STEP TOWARD STRUCTURAL REFORM With a resounding victory in the mid-term elections behind it, the Macri Administration now enters the promised phase of meaningful Argentine tax reform. A first step is the administration’s release of a significant tax reform package, together with proposed reductions in employment taxes and social security contributions. The government has pitched the reforms as a means “to promote competitiveness and to attract investment for sustained growth”. While…
New Zealander’s see new opportunity for cooperation with Argentina
NEW ZEALANDER’S SEEK COOPERATION WITH ARGENTINA When the first 10 days of December saw both the launch of Air New Zealand flights and the inauguration of the Mauricio Macri administration, it was impossible not to think big for 2016 with such an alignment of the planets, says Gustavo Richardson, the director of the New Zealand Bilateral Chapter within Argentina’s Asia-Pacific Chamber of Commerce. Richardson (born to a New Zealand father and Argentine mother) has a five-point plan ready, starting with…
