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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…

Argentina becomes the first country to approve genetically modified wheat

Argentina, the fourth largest wheat exporter in the world, has become the first country in the world to approve the commercialisation of a variety of transgenic wheat Argentina has become the first country to approve the growth and consumption of genetically modified wheat, the Agriculture Ministry announced Thursday. In a statement released by the portfolio, the Consejo Nacional de Investigaciones Científicas y Técnicas de Argentina (National Commission for Science and Technology, CONICET) said…

In Argentina, the effect of a surprising Mid Term Election result plus its resulting chaos, devaluation and money restrictions caused farmland prices to drop overnight.

comprar Campos Argentinos
The results of the Mid Term elections, which made the likely winner to lead Argentina in 2020 Alberto Fernández caused a collapse in farmers and investors confidence. Due to farmers perception of him being a patsy to the hated Christina Kirchner ( she appointed Fernandez ) who ruled Argentina for an earlier decade, they see another lost decade in front of them and a race to the bottom to join Venezuela’s cruel dictatorship. This is the results of the data from the Rural Real Estate Sector, organized…

Argentina: After the USD dollar rally, they expect up to USD 25 billion from this years harvest

This was estimated by the Ministry of Finance. Soybean exports will be the main foreign exchange generators for up to USD 17,200 million of this the 25 billion. In the midst of the strong rise of the USD dollar, the Government stressed that in the coming months they expect foreign exchange for up to 25 billion dollars. Soybean exports will be the main foreign exchange generators for up to USD 17,200 million. Corn exports would reach USD 4,874 million in 2019 (calendar year), with a conservative view, and thus…

Farms in Argentina continue to underpin the countries economic recovery with an expected USD 3 billion of sales before March 2019

This is the calculation for the remainder of the soybean and corn harvest, as well as the exports of the new seasons wheat. Despite some flooding, it shows the hope of a super harvest is now likely to be realised. The wheat harvest already over two million tonnes. Despite flooding from over 380 mm of rain in some regions from a storm last weekend, which will damage yields in some areas. It is a shared bet by the government and analysts estimate that the recovery of the overall economy will now be in the first…

Argentina limits farmland foreign ownership

Argentina has joined a handful of other big farming nations such as Brazil that have taken steps to limit foreign ownership of what their governments consider precious resources: farmland. Argentina is blessed with vast tracks of arable land that have allowed the South American nation to become the top global exporter of soy meal and soy oil, No. 2 in corn, and third in soybean exports. The abundance of land coupled with high prices for farm products has fueled a buying spree by the U.S., Chinese and Saudi…
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