Argentina has a new cropping record: between January and August 2021, they exported USD10 Billion more than in 2020, what does this mean for the economy?
Income from foreign exchange for August fell compared to July, as expected due to seasonal variations, but as El Cronista anticipated it was still the highest in Argentine history. What will be the impact? Exporting companies of grains and agricultural by-products made the best settlement for the month of August in history as announced by El Cronista. They entered USD 3,049 million during the eighth month of the year and, thus, so far in 2021 it would already be exceeded by USD10 billion to the total of foreign…
Soy: What you need to know about this challenging crop
Can a “hidden” commodity have a sustainable future? It’s the protein at the heart of the global food system. But most people are hardly aware of how much soy they eat – and where it comes from. Why is soy such an essential crop? And what’s being done to make sure it’s grown responsibly? We’re all familiar with soy. There are varieties aplenty: from vibrant green edamame beans (eaten straight from the pod) to tofu and tempeh. There are soy burgers, “meatballs,” soy sauce and, of course, that…
Argentina´s Soy King “Los Grobo” continues to expand in Brazil
Grobocopatel had already announced last year their plans to expand strongly in Brazil. “There are more opportunities there as the company is inclined to Argentina and Uruguay … You need to be more balanced with a significant stake in Brazil, ” the Argentine/Ukrainian Gustavo Grobocopatel said in an interview with Dow Jones Newswires. Their latest business plan is to transfer some assets to a new company and sell shares of the business in an initial public offering in Brazil. The company will…
