ECONOMIC INDICATORS Argentina's economy grew in July despite recession on horizon 27-09-2023 13:02 Argentina's economy broke a four month streak of decline in July, beating estimates and growing at 2.4%.
AGRICULTURE & ECONOMY World's largest crop trading houses tell Argentina to loosen its grip on soy 27-09-2023 12:43 Officials from three of the world's largest crop trading houses have urged Argentina to loosen government restrictions and export taxes on soy production.
AGRICULTURE & ECONOMY 'Soy dollar' back with 25% foreign currency available to exporters 05-09-2023 12:17 Fifth edition of the 'Export Increase Programme' this time does not include unique exchange rate; Applies to exporters from last 18 months; Details of the new decree and the sector's reaction.
economy Brazil is pushing the US out of world’s biggest soybean market 24-07-2023 15:44 China's increasing reliance on Brazilian soybeans during the typical season lull signals a shift away from the US as South America's shippers dominate the market, impacting American farmers and geopolitics.
AGRICULTURE Argentina’s wheat area cut even as rains improve crop conditions 13-07-2023 15:54 Wheat plantings in Argentina will cover an area of 5.4 million hectares, 200,000 hectares less than estimated in June, with production now seen at 15.6 million tons, according to the Rosario Board of Trade.
Agriculture Drought slashes 2022/2023 soybean production by 51.5% 04-07-2023 16:56 Impact of punishing drought on Argentina’s crops laid bare as new report reveals soybean production came in at 21 million tons – less than half of last year’s harvest.
ELECTIONS 2023 Argentina’s political hegemony crumbles in the face of primaries 17-06-2023 06:04 In a nation accustomed to charismatic leaders that create vertical organisations, the fragmentation of the political field is creating a whole lot of stress and volatility. And savagery has taken over. by Agustino Fontevecchia
AGRICULTURE & ECONOMY Bunge-Viterra deal likely to face Argentina anti-trust scrutiny 14-06-2023 08:04 Bunge's deal to buy Viterra will create an agriculture giant that’s likely to face anti-trust scrutiny in Argentina, the world’s largest exporter of soy products.
EU-MERCOSUR TRADE DEAL French official: EU, Mercosur will 'take time' to conclude deal 06-06-2023 11:12 French government official says European Union and Mercosur both want to "take their time" to finalise trade deal.
AGRICULTURE & ECONOMY Viterra-Bunge deal to rescue soy giant Vicentin is now at risk 03-06-2023 08:25 Deal to rescue Vicentin SAIC, one of the biggest suppliers of soybean meal fed to livestock herds around the world, at risk of falling apart because of court delays.
EU-MERCOSUR TRADE DEAL France: EU-Mercosur trade deal still long way from being signed 02-06-2023 13:34 Free-trade agreement is not close to being signed, French diplomatic source says.
AGRICULTURE Argentina’s crisis-wracked economy needs rains now to save crops 23-05-2023 09:07 Farmers in Argentina need rainfall within the next three weeks to have any chance of emerging from a disastrous drought.
FINANCIAL TURBULENCE Massa rejects devaluation speculation as peso sinks 22-04-2023 08:13 Revealing WhatsApp message from Economy Minister Sergio Massa denies market speculation about president's imminent resignation and potential currency devaluation.
INTERVIEW / PERIODISMO PURO Juan Schiaretti: ‘Fiscal balance should not entail extreme austerity’ 22-04-2023 06:29 Three-term Córdoba Province governor on transcending ‘la grieta,’ why Peronism must split from Kirchnerism and why export duties on the agricultural sector should be removed. by Jorge Fontevecchia
AGRICULTURE & ECONOMY Brazil may surpass United States as world's number one corn exporter 21-04-2023 09:32 Brazilian corn production should set a new record in 2023, allowing the country to become the world's leading exporter of maize, ahead of the United States.
SOARING PRICES Inflation at 140% – industry leaders forecast alarming new ceiling 17-04-2023 15:52 Industry leaders are adjusting their accounts and forecasting a monthly inflation rate of at least six percent per month until the end of the year – provided there is no devaluation. by Ariel Maciel
FEATURE Epic drought pushes economic crisis to new extremes 12-04-2023 15:43 Exports poised to plummet with almost half the soy crop ruined; Dollar shortage putting pressure on peso, fuelling inflation.
AGRICULTURE & ECONOMY Argentina's maize and soybean harvest forecast trimmed again 11-04-2023 18:12 Argentina's soybean and corn production will be lower than previously thought due to drought, predicts US government, as it lowers forecasts for soybean crop to 27 million tons and maize to 37 million tons.
EXCHANGE RATE SCHEME Governors push back on criticism of Massa’s ‘dolár agro’ scheme 06-04-2023 19:27 New plan offers a rate of 300 pesos per greenback for agro-industrial exports; Governors push back from criticism from agricultural producers.
ECONOMY & AGRICULTURE Historic drought adds to Argentina’s economic woes 06-04-2023 15:26 Argentina's worst drought in almost 100 years is decimating critical soy, wheat and corn production, damaging the income of farmers, producers – and the government.
POLITICS & ECONOMY Mixed reaction as Massa looks to boost reserves with ‘dolár agro’ rate 06-04-2023 01:09 Economy minister unveils Programa de Incremento Exportador, otherwise known as a third incarnation of the ‘soy dollar’ scheme; New plan will offer a rate of 300 pesos per greenback for agro-industrial exports and introduce automatic benefits for producers affected by drought.
DOLAR AGRO Argentina rolls out special exchange rate to prop up reserves 05-04-2023 19:16 Argentina will once again introduce a temporary exchange rate for soybean exports and other products in an elaborate attempt to shore up dwindling Central Bank reserves amid a devastating drought.
OPINION & ANALYSIS A country which always depends on the rain 04-04-2023 11:08 While rainfall at times this year has eased the panorama, losses of US$12 billion to US$15 billion are forecast for Argentina's export earnings due to drought. An analysis of the last 70 years indicates that climatic phenomena like La Niña can strongly affect Argentina’s economy and damage sitting governments, as poor harvests did for Fernando de la Rúa (2000-2001), Cristina Fernández de Kirchner (2008-2009) and Mauricio Macri (2017-2018). What could happen in the October elections?
NEW EXCHANGE RATE Argentina debuts ‘Dollar Malbec’ to aid exports amid drought 31-03-2023 10:16 Economy Minister Sergio Massa confirmed Thursday he’s rolling out a temporary, subsidised exchange rate for wine and other agriculture products, dubbed the “Dollar Agro” or “Dollar Malbec” by the local press.
Agriculture Argentina soy crop forecast slashed to smallest on record 20-03-2023 10:51 Buenos Aires Grain Exchange slashes soy crop forecast to 25 million metric tons, potentially the smallest harvest since it began keeping records in 2001.
SCORCHING SUMMER Forests in Corrientes Province burn amid heatwave, drought 14-03-2023 21:27 Raging fires have devoured some 6,000 hectares (14,800 acres) of forests in Corrientes Province in just days, officials reported Tuesday.
ECONOMIC OUTLOOK Argentina to face deeper 2023 contraction on drought, Itaú says 08-03-2023 21:26 Drought will lead to a larger economic contraction in 2023 than previously anticipated, according to analysts at Itaú
Agriculture Soy climbs as USDA slashes Argentina's crop estimate by 20% 08-03-2023 21:23 Maize and soybean crops in Argentina are in even worse shape than previously thought, according to US estimates.
Agriculture Report: Drought to slash Argentina’s exports by US$20 billion 06-03-2023 13:50 Technical report by the CREA agricultural group projects soy harvest will fall 38% from last season, with maize down 30% and wheat down 37%.
ECONOMIC OUTLOOK JPMorgan sees economy facing prospect of hard landing 28-02-2023 09:20 Argentina’s economy is facing the prospect of a “hard landing” scenario this year as a crop drought deepens expectations of a larger downturn, according to JPMorgan.
EU-MERCOSUR TRADE DEAL Macron warns EU-Mercosur deal hinges on environment 25-02-2023 15:30 French president says long-delayed trade deal between the EU and four Latin American nations "is not possible" if they do not follow European environmental policies.
ECONOMIC FORECAST Preliminary data shows Argentina's economy grew 5.2% in 2022 23-02-2023 17:41 Argentina recorded growth of 5.2 percent in 2022 year-on-year, according to preliminary data published by the government on Thursday.
AVIAN FLU Government commits one billion pesos to fight bird flu spread 22-02-2023 12:39 Economy Minister Sergio Massa commits one billion pesos in fresh funds to combat avian influenza; Officials fear rapid spread of virus could damage country’s exports.
SWELTERING SUMMER National Meteorological Service issues health warnings amid record heatwave 11-02-2023 15:17 Buenos Aires residents awoke Saturday to temperatures of 36 degrees Celisus with a predicted high of 38 degrees Celisus, which would be the highest in February in 61 years.
AGRICULTURE Argentina’s soy harvest set for 14-year low amid punishing drought 10-02-2023 10:56 Major losses from harvest anticipated due to ‘worst drought in 60 years’; Forecasts slashed for soy, maize and wheat crops.
AGRICULTURE & ECONOMY Argentine meat-packing heir wants to embed crops with animal DNA 24-01-2023 12:57 Newly listed Moolec Science SA is inserting pork and beef genes into soybeans and peas to create hybrid proteins that are both plant- and animal-based.
AGRICULTURE & ECONOMY Report: Losses from severe drought could exceed US$10 billion 20-01-2023 13:00 Economy Minister Sergio Massa meets with Mesa de Enlace to discuss the situation as soybean crop estimates are slashed; Agricultural losses for farmers expected to total US$10 billion, could knock two points off GDP this year.
Agriculture & Technology Davos backs an Argentine firm that optimises irrigation with new tech 20-01-2023 11:53 Kilimo, an Argentine company that uses data to optimise irrigation, received strong financial support at this year's Davos forum to continue developing a system that helps farmers in Latin America save thousands of litres of water.
Messi's "Corniest" Fan Corn farm in Córdoba gets its own Messi 'tattoo' 20-01-2023 11:19 The size of almost four football fields, one corn farm in Ballesteros, Ballesteros, has made its own Messi "tattoo" on its crops.
AGRICULTURE Drought-busting rains come too late to salvage Argentina's soy 17-01-2023 16:31 Rains heralding the end of the devastating La Niña drought may come too late to prevent Argentina's soybean crop from withering.
AGRICULTURE & ECONOMY Argentine grain harvests threatened by persistent drought 16-01-2023 17:53 Drought fears realised as Argentina loses half of soybean crop in main growing area; Experts warn that "economic losses will be substantial," with grain exports expected to slump by 21% in "best-case" scenario.
ENVIRONMENT Government creates new unit to probe ‘environmental crimes’ 16-01-2023 16:50 Argentina’s government has created a new unit to investigate and prevent environmental crimes, responding to the deliberate destruction of terrain for commercial purposes.
AGRO ADMIRATION Portraits of Leo Messi are everywhere in Argentina – even in crop fields 16-01-2023 14:57 Farmers in Argentina plant seeds to reveal giant portraits of superstar Lionel Messi.
Devastating Drought Satellites suggest Argentina’s soy crop will be lowest since 2018 12-01-2023 15:57 Extreme drought is devastating soybean crops in Argentina and could result in the smallest harvest in more than a decade.
MEAT EXPORTS In Uruguay, an effort to save horses from foreign plates 28-12-2022 13:07 The Santuarios Primitivo NGO is doing its best to rescue horses in Uruguay, where slaughter of the beloved animals is increasing rapidly.
And that reminds me… Dry rot or drought rout 17-12-2022 05:32 Argentina’s numerous crises are invariably a fertile field for extended analysis by pundits and economists but this columnist would argue that in many cases the causes can be reduced to a single word – drought. by Michael Soltys
BATTLE AGAINST INFLATION Fuel suppliers join price control scheme with 4% monthly cap 29-11-2022 11:07 Major oil firms sign up to Sergio Massa’s new price control scheme, agreeing to cap increases in a bid to tackle inflation and keep costs at the pump down.
Agriculture Government moves ahead with second run at ‘soy dollar’ scheme 28-11-2022 12:35 Dólar Soja 2: Government hopes to boost reserves by US$3 billion with a second run at agroindustry-aimed programme.
BLOOMBERG South America rain offers hope for relief in world food prices 15-11-2022 21:28 Rain finally fell in Argentina over the weekend and soy farmers started revving up tractors to make up for lost planting time.
ENVIRONMENT Agriculture and livestock farming devours the forests of Gran Chaco 09-11-2022 15:39 The Gran Chaco indigenous forest, spanning one million square kilometres across three nations, is a little-known victim of 25 years of gradual invasion by agriculture and livestock farming, with deforestation causing immeasurable harm to local fauna and flora.