Update on Uruguay farm leasing values and regions
Increases the value and volume of the land leased The departments ( small provinces ) in Uruguay with the most leased area are Artigas, Soriano and Rio Negro. Livestock accounts for 45% and 31% was connected with non irrigated agriculture. Leasing contracts totaling more than 280,000 hectares, amounting to USD 42.6 million in value. In 2017 the land leased increased 45% over 2016, according to the Ministry of Livestock, Agriculture and Fisheries (MGAP). The surface area grew 40%, surpassing 908,000 hectares…