MercoPress. South Atlantic News Agency

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  Zaphod Beeblebrox

  Meanwhile, in another thread, Reekie cherry-picks and says “Industrial activity has fallen 11.5 per cent in September”...

  Nov 09th, 2018 - 06:13 pm - Link - Report abuse +2
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  imoyaro

  Well, at least La Campora punks aren't damaging Soy farmer's silobolsas. Things are looking up. ;)

  Nov 10th, 2018 - 09:34 am - Link - Report abuse +1
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  :o))

  REF: “Argentina is expected to harvest some 140 million tons of grain”:
  
  #1º: Pl. note the word - “EXPECTED” [not net/factual]
  #2º: The question is: What'll be the Selling/Export-Price?
  #3º: Ultimately; will the farmers end-up gaining/losing?

  Nov 10th, 2018 - 01:37 pm - Link - Report abuse +1
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  Don Alberto

  That would be very nice for Argentina, as China has cancelled import of soy from Trump's US of A. Prices will increase on a narrow market.

  Nov 11th, 2018 - 02:08 am - Link - Report abuse +2
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  Enrique Massot

  Only large landowners and agribusiness representing a narrow part of the Argentine population can take advantage of the reduction or elimination of export taxes that president Macri implemented as his first business order after taking office in December 2015.
  
  The export taxes allowed Argentina to redistribute the wealth across multiple layers of society that spent most of it immediately, contributing to the economy's growth.
  
  Now, on top of the elimination of export taxes, the Macri government has freed exporters of agricultural products of the obligation to liquidate their exports' payments in a given time. As a result, exporters may bring their dollars home whenever suits them - not when it suits the country.
  
  Incidentally, Skull is right on being skeptical about this news. However, calling the owners of thousands of hectares “farmers” (chacareros) is not accurate in the English language sense. An Argentine farmer may own a few dozen or at most a few hundred hectares. But the land distribution in Argentina was extremely unequal, with few owners receiving huge portions of the most productive lands in the Humid Pampas. They are called “estancieros” if they raise cattle, or “dueños de campos” if they produce crops.
  
  Which makes a good harvest brings limited benefit to Argentina as a whole. After all, however, this is one of the government's core values - wealth must be concentrated in the hands of a few, who know what to do with money. Macri is not going to commit the “mistake” of letting the unwashed have money in their hands and spending it on God knows what.

  Nov 11th, 2018 - 06:12 am - Link - Report abuse -1
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  :o))

  @DA/EM:
  
  REF: “China has canceled import of soy from USA”:
  
  This is just a temporary situation. Neither China nor the USA can afford a Long Drawn Trade-War.
  
  It's just one of Trump's Reality-Shows and in the end - as usual - the presidents will praise each other besides indulging in a lot of stunts like publically hugging+kissing each other before signing yet another Toilet-Paper.
  
  REF: Soya-Exports: Argentina will have to compete with Brazil, as far as the Export-Prices are concerned. For a $-Hungry Country; the Export-Tax may make the product less competitive in the Int'l. Market.
  
  With all the hurdles, if Argentina can manage to export soya for a consistently long period, earning of the $ will be good for the economy. However, if it raises the domestic selling prices, the local consumers may be hit badly. That may add more fuel to the high Inflation-Fire. In other words, what's good for the govt. may not necessarily be good enough for the domestic markets.
  
  In Latin America, one can never count [on] the eggs even AFTER they are hatched!!!

  Nov 12th, 2018 - 03:25 pm - Link - Report abuse +1
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