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Argentine farmers netted 24.1 billion dollars from grains and oilseeds last year

Tuesday, January 6th 2015 - 07:02 UTC
Full article 35 comments

Argentine farmers exported more than 300 million dollars worth of grains and oilseeds in the last two days of 2014 to help bring in much needed cash for the nation’s central bank. The situation was boosted by an agreement reached between farmers and the Argentine government regarding foreign currency payment for the grains and oilseed. Read full article

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  • Moderator

    The bashing mob is very quiet. I guess they hate good news.

    Jan 06th, 2015 - 08:17 am - Link - Report abuse 0
  • Porto Margaret

    #1

    Well the good news is that Argentina can now pay its debt and cease squealing that they can not do so.

    Time to write that cheque.

    Jan 06th, 2015 - 10:25 am - Link - Report abuse 0
  • brucey-babe

    The potential for Argentina could be astronomical if only it had proper governance. Tip, Before trying to conquer someone else's land, conquer your own !

    Jan 06th, 2015 - 10:44 am - Link - Report abuse 0
  • ChrisR

    @ 1

    Its an unadulterated disaster for the farmers you idiot.

    AND, are you so stupid you believe that the Central Bank has US31.4Bn in actual liquidity?

    The trends for commodities are distinctly DOWN for the next few years due to the problems China has gotten itself into!

    I know I am asking the impossible but do try and keep up.

    Jan 06th, 2015 - 11:19 am - Link - Report abuse 0
  • Moderator

    the frustrated bashing mob has awaken !

    Jan 06th, 2015 - 11:48 am - Link - Report abuse 0
  • Porto Margaret

    #5

    Thats why you have the pain in your gut. It's knowing you dear Moderator are as simple as we are patient.

    Jan 06th, 2015 - 12:02 pm - Link - Report abuse 0
  • CaptainSilver

    By the 'Bashing Mob' are you talking about the thugs that attacked the Top Gear film crew recently, please explain? I think they are probably illiterate anyway.

    Jan 06th, 2015 - 12:24 pm - Link - Report abuse 0
  • yankeeboy

    This reads like a K “all is well” press release or in civilized countries we call it Gov't Propaganda.
    What they report is factual as long as you don't take into account the context of it.

    Hoarding? How can you hoard your own private property? This is a concept unheard of in the civilized world.

    2014 was never supposed to be a tough year for Argentina, everyone has always predicted that 2015 would be, let's say, difficult.
    And this is before they knew commodities would plunge and the U$ would be at 11 year highs and going higher.

    The shameful pat of this supposed “Won Decade” is that is tha multiple towns of 100K+ populations are still ( in this day and age) are without running water for up to 5 days a week!!
    The whole seen and unseen infrastructure is in collapse.
    The Ks did nothing in the decade they had power.
    I can't imagine how the citizens will cope shortly.

    In the USA we have shows that take multiple families and have them live without running water or electricity the producers should bother trying to recreate the 1800s they should just go to Argentina and film how these people live their every day lives. :)

    Jan 06th, 2015 - 12:39 pm - Link - Report abuse 0
  • Pete Bog

    @1 On the contrary, if Argentina was successful it would stop the Malvinas myth which is only wheeled out when Argentina is doing badly.

    When Argentina was the 5th richest country in the world, at one time wealthier than the USA. there was little preaching of the Malvinas myth.

    Also it can pay off its debts and Britain can stop sending aid to Argentina and instead spend some money on Falkland Island infrastructure.

    It would be better for all if Argentina made a success of itself-unfortunately, Argentina prefers to messing up to success, always blaming someone else of course.

    Jan 06th, 2015 - 12:50 pm - Link - Report abuse 0
  • Conqueror

    @1. Quite funny. Unlike you, we aren't all sat hunched over our keyboards 24 hours a day. We like to sleep. We have lives. Other things to do. Your comment was posted 1 hour and 15 minutes after the article was posted. I was still in bed! I don't like to get up before 10am.

    Now, it seems like the farmers sold the majority of what they were stockpiling in the last 2 days. Was that a good idea? What do they have left? How did the desperate government persuade them to sell? Hey, the farmers got to keep foreign currency payments instead of being ripped off by the government. Will the desperate government stick to their side of the agreement? Doubtful. A few months and they'll find a new way.
    @5. Why do you assume others have your characteristics? Here's a tip. When you have 41.06% inflation, your reserves are a joke. But at least you have 4 billion with which to start paying your debts. You're paying the Paris Club, now pay the bondholders!

    Here's an analogy. In 1914, Germany went to war for all the wrong reasons. As the war progressed, Germany got battered down, mostly because the people didn't believe in the cause. So Germany lost. By 1939, Hitler was spreading the message that it wasn't their fault. They'd been stabbed in the back! It was all someone else's fault. And so they waved their flags, beat their drums, marched and went to war again. Can you see the comparison with argieland? And what happened. Nazi Germany was destroyed. That's your future too.

    Jan 06th, 2015 - 01:13 pm - Link - Report abuse 0
  • Moderator

    About the Falklands

    The Spanish name for the archipelago, Islas Malvinas, derives from the French Îles Malouines — the name given to the islands by French explorer Louis-Antoine de Bougainville in 1764. Bougainville, who founded the islands' first settlement, named the area after the port of Saint-Malo (the point of departure for his ships and colonists). The port, located in the Brittany region of western France, was in turn named after St. Malo (or Maclou), the Christian evangelist who founded the city.

    The Falklands are French ! What a blow, thats even worse for the Brit mob.

    Jan 06th, 2015 - 01:19 pm - Link - Report abuse 0
  • yankeeboy

    11. Is New Orleans French too?

    Why to Rgs have such messed up logic?

    I think that must be why their Society collapses every decade or so.

    Jan 06th, 2015 - 01:24 pm - Link - Report abuse 0
  • The Voice

    @11 Yes, and France is like us part of the European Union. All citizens have the right to live in any country, so the Islanders are just fine. But if you are an Argy you have no such right and you will need a Visa. We know all about St Malo thank you very much, France is our second home and we are mostly descended from the French since 1066 ad.

    But… since we are on the subject of farming…
    An Argentine gaucho named Bruno,
    Said a lot about sex I do know,
    A woman is fine,
    And sheep are divine,
    But llamas are numero uno

    Jan 06th, 2015 - 02:09 pm - Link - Report abuse 0
  • Porto Margaret

    # La voix

    Thanks, that explains La Cámpora, sired by gauchos from llamas.

    Jan 06th, 2015 - 02:41 pm - Link - Report abuse 0
  • imoyaro

    @1
    Not sure why you'd call it good news, it sounds like both the government and the farmers lost out this year. ;)

    http://www.buenosairesherald.com/article/170874/buzzi-%E2%80%98hoarding-grains-was-a-mistake%E2%80%99

    Jan 06th, 2015 - 03:42 pm - Link - Report abuse 0
  • yankeeboy

    http://tn.com.ar/economia/la-toalla-femenina-chavista-reusable-que-muestran-como-una-solucion-contra-la-escasez_560385

    The Venezuelans and Cubans are teaching the Rgs how to reuse tampons.
    Isn't that sweet?
    Learn from the best

    Jan 06th, 2015 - 05:32 pm - Link - Report abuse 0
  • CaptainSilver

    Apparently Cristina is solving Argentinas toilet roll shortage by issuing a decree that all new stock is printed with the message “Economy! Use both sides”

    Jan 06th, 2015 - 05:51 pm - Link - Report abuse 0
  • Pete Bog

    @11

    “The Falklands are French ! What a blow, that's even worse for the Brit mob.”

    I doubt it, but France could always present their case to the ICJ if they wish, on the grounds of occupying port Louis for all of 3 years.

    Jan 06th, 2015 - 05:53 pm - Link - Report abuse 0
  • ChrisR

    @ 16 yankeeboy

    Did you see the SIZE of those things?

    It must be 'fit and forget' when they first menstruate until they get a boyfriend.

    MADuro has a lot to answer for.

    Jan 06th, 2015 - 06:38 pm - Link - Report abuse 0
  • Briton

    Well its the only Rock, these argies will get for awhile...

    Jan 06th, 2015 - 08:18 pm - Link - Report abuse 0
  • aussiesunshinee

    good news for Argentina!!
    hope it continuous in this direction!! WELL DONE

    Jan 06th, 2015 - 08:30 pm - Link - Report abuse 0
  • Briton

    Great , fantastic,
    now she can pay her debts...

    Jan 06th, 2015 - 08:52 pm - Link - Report abuse 0
  • zathras

    In any normal country farmers sell their produce when they like.

    There is more to this story than meets the eye.

    How much did the farmers get per ton?

    How much are they taxed?

    As this was sold abroad, did the farmers get the full value in hard currency?

    Oh and has been said, now Argentina can pay it's debts.

    Jan 06th, 2015 - 09:37 pm - Link - Report abuse 0
  • Enrique Massot

    Definitely, the bashing mob has tried but nothing has come out. Shortage of ideas.
    I see nothing worth discussing here, but am posting just so that yankeeboy can get inspired and write calling me a commie who does not know a thing because he lives in another country...and too bad the military missed him..etc. etc.

    Jan 07th, 2015 - 03:17 am - Link - Report abuse 0
  • imoyaro

    @24
    Definitely your LA Campora thugs missed him. Unfortunately you are listed as a La Campora/ Batayon Mitante light weight. Bring it on Maestro. ;)

    Jan 07th, 2015 - 05:22 am - Link - Report abuse 0
  • Z-ville

    @24

    Actually, what is missing from the article is an explanation for how the farmers are going to get the $$ they need to replant next year. And why they should bother when the Whacky Leadership confiscates their export earnings...

    Jan 07th, 2015 - 05:41 am - Link - Report abuse 0
  • CabezaDura2

    NEA & NOA farmers are at the verge of collapsing and falling off the global markets - as the Brazilian Cerrado's farmers in the next years will do- if they dont get the trains running up again.

    http://www.fyo.com/noticia/146232/ferrocarril-clave-transporte-granos

    Jan 07th, 2015 - 07:38 am - Link - Report abuse 0
  • Steve R

    @11 You do know that St Malo was once owned by the English dont you? as was most of France :-) (Try looking up the Angevin Empire” so once again the Falklands by historic association must be British :-)
    The name of Brittany derives from settlers from Great Britain, who fled that island in the wake of the Anglo-Saxon conquest of England between the fifth and seventh centuries. St Malo is in Brittany LOL

    Jan 07th, 2015 - 11:26 am - Link - Report abuse 0
  • yankeeboy

    CD. I was actually thinking about that yesterday. In the USA farmers will have a drastically different cost structure than in Argentina this year with the new gas prices. We should be extremely profitable while most Arg Soy/COrn farmers lose money.
    Oh well that's the way the cookie crumbles...
    :)

    Jan 07th, 2015 - 11:39 am - Link - Report abuse 0
  • St.John

    @ 11 Moderator

    Please get a grip!

    We have covered this territory extensively in 2012, 2013 and 2014, using mostly documents from the Argentine 'Archivo General de la Nación' and concurrent (i.e. valid in the year 1833 and until 1918) international law to show that the islands weren't French, they were Spanish, and that Argentina could not enherit them before the 1859 July 09 ”Tratado de Reconocimiento, Paz y Amistad Firmado por la Confederación Argentina con S.M. la Reina de España (no, the 1853 treaty is not sufficient), thus 26 years to late, as the Falkland Islands were British by international law since 1833, as officially acknowledged in the “Convención Para Restablecer Las Perfectas Relaciones De Amistad Entre La Confederación Argentina Y Su Majestad Británica.” “Firma: Buenos Aires, 24 de Noviembre de 1849 Vigor: 15 de Mayo de 1850 ”peace and by Presidente de la República Argentina, Bartolomé Mitre, Vicepresidente de la República Argentina, Marcos Paz and Presidente de La República Argentina Domingo Sarmientos.

    We have been there.
    We have shown where to find the French, British, Spanish and Argentine documents and the concurrent international law.
    Forget that line of thought, it's a waste of time.

    Jan 07th, 2015 - 02:07 pm - Link - Report abuse 0
  • paulcedron

    “ President Cristina Fernandez government persuaded farmers on Oct. 22 to stop hoarding the harvest and sell to replenish reserves.”

    it seems the mare doesnt know that there is a 40% inflation rate.
    so, what hoarding is the mare talking about?
    add to that that you have to pay the inputs in blue dollars and you receive agro dolares (dólar oficial - 35%).

    as for the rest of the comments, get informed before posting.
    what the f+ck can you isleters know about agro industry?
    that the sheep are covered with wool?

    Jan 07th, 2015 - 03:19 pm - Link - Report abuse 0
  • Captain Poppy

    #29 I agree yb. Rubbing those combines and big ol JD's are going to be very cheap. Fuel is a huge bit in the operating costs in farming. Cut that in half.....even be conservation and only say 1/3..........farmers in the USA will be smiling to the bank.

    Jan 07th, 2015 - 04:45 pm - Link - Report abuse 0
  • imoyaro

    @31
    ”President Cristina Fernandez government persuaded farmers on Oct. 22 to stop hoarding the harvest and sell to replenish reserves.”

    There were also a large number of incidents where silobolsas were vandalized at night. Would that have been part of the persuasion? ;)

    http://i1290.photobucket.com/albums/b521/imoyaro/chopperlaff_zpsrpl58kjd.gif

    Jan 07th, 2015 - 04:48 pm - Link - Report abuse 0
  • Captain Poppy

    Vandalized.......sounds like the work or Fat Max the druggie pedophile.

    http://www.agprofessional.com/news/Argentina-to-restart-soy-exports-as-farmers-forced-to-sell-242653641.html

    Jan 07th, 2015 - 06:05 pm - Link - Report abuse 0
  • Usurping Pirate

    With “retenciones ” and other taxes and the cost of fuel , farmers actually netted about 40% of the value of the harvest.
    U$S 2.41Bn divided by 365 Million tonnes = U$S660 / Ton .
    Soy averaged U$S 550/ton in 2014 .
    Wheat averaged U$S 290 / ton .
    It would appear INDEC is lying again , but would ask Yankeeboy or CD2 to verify these figures ?

    Jan 08th, 2015 - 05:49 pm - Link - Report abuse 0

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