Reading Time: 2 minutes Buenos Aires | Reuters — Argentina’s main state bank will deny credit to farmers who are holding onto soybeans as a hedge against inflation, a top official said on Friday, as the government cracks down on crop hoarding as part of a campaign to build up its dollar reserves. The grains-rich but cash-poor South American […] Read more
Argentine state bank to cut off farmers who hoard soy
Dry spell to create ideal conditions for Argentine grains
Reading Time: < 1 minute Buenos Aires | Reuters — Heavy rains during the weekend will be followed by a dry spell across much of Argentina’s grains belt, creating ideal growing conditions for the 2014-15 corn and soy crop, a local meteorologist said on Monday. German Heinzenknecht, meteorologist with the (CCA) Applied Climatology Consultancy, said about 50 millimetres fell across […] Read more
Argentina sees wheat harvest of 12 million tonnes
Reading Time: < 1 minute Buenos Aires | Reuters –– Argentine farmers will harvest 12 million tonnes of wheat in the 2014-15 crop year, the agriculture ministry said in its monthly report Thursday, issuing its first wheat crop estimate of the season. Argentina’s 2013-14 wheat harvest was 9.2 million tonnes, according to official data. “Losses have been seen in parts […] Read more
Business as (un)usual in Argentina
As a Canadian ag reporter finds, Argentina is a land of opportunity — if it can only get out of its own way
Reading Time: 6 minutes You must be from North America,” Federico Boglione answered. I was a bit taken aback. I thought I had asked a straightforward question, like I’d ask in any Canadian interview. “Where do you see your business in five to 10 years?” I asked. But for Boglione, president and co-owner of the Los Lazos group, Argentina’s […] Read more
A sea of soybeans
Argentina believes it can be the brightest spot on the world’s agricultural map, mainly thanks to its phenomenal capacity to grow 50 million acres of soybeans
Reading Time: 3 minutes When the world thinks of Argentina and agriculture, it may drool over slabs of grilled beef big enough to fill any plate. But when Argentina thinks of agriculture, it thinks of something even bigger — the soybean. Argentina is becoming a dominant global player in farm production, says Gustavo López, a market research consultant for […] Read more