MercoPress, en Español

Montevideo, March 28th 2024 - 17:10 UTC

 

 

Agriculture can boost production by 40%/50% with measures announced by Macri's team

Friday, December 4th 2015 - 05:07 UTC
Full article 6 comments

Gustavo Grobocopatel, head of the agro-business Grobo group anticipated that with the measures announced by the team of president elect Mauricio Macri and to be implemented from next 10 December, Argentina's grains and oilseed crop “it going to increase by 40% to 50%”, meaning dollars for industry, jobs and services. Read full article

Comments

Disclaimer & comment rules
  • Pete Bog

    ”We should have been the great winners these last five, six years, but we chose to self inflict harm that was unnecessary”

    That' s been noted many times on these posts.

    Dec 04th, 2015 - 02:26 pm - Link - Report abuse 0
  • chronic

    Won decade! lol.

    Raise production and inflate input costs while you're lowering already weak market prices.

    Did Elvis draft this recipe for success?

    Latam is almost universally clueless to the realties of capitalism.

    Dec 04th, 2015 - 04:22 pm - Link - Report abuse 0
  • tHroUGH_THE_lOOKING_GlASS

    @2

    Food isn't oil you idiot. People can forgo travel and oil-hugging vehicles, tell me how many days can you forgo without food?

    Depressed prices or not, people in Asia and Africa and India need to eat, and they want to eat ever more. Furthermore, many marginal areas for food growing are now vanishing due to the change in climate and temperature. Expect a massive rebound in prices either from increasing demand, lack of supply do nature, or inneficient areas for growing crops halting production. Which Argentina isn't one.

    As the joke says: you ca stand on the Humid Pampa, shoot a lead bullet into the ground, spit on it with liquor-laden breath, and you will grow grain.

    Dec 05th, 2015 - 04:58 am - Link - Report abuse 0
  • yankeeboy

    Toby, you can't have a vibrant economy based on food sales. There are too many places that produce it cheaper than Argentina. Argentina can't afford the technology to become efficient in any business plus you're too far away from large markets.
    Commodities are on a decade long down cycle.
    The U$ will be worth around 30% more in the next couple of years.

    Argentina should learn to make something of value that someone is willing to buy.
    Until it does that you'll keep on the path to poverty.

    Dec 05th, 2015 - 01:37 pm - Link - Report abuse 0
  • tHroUGH_THE_lOOKING_GlASS

    @4

    Too far away from large markets... HAHAHAHAHA.

    Just because you live in a stall with horses and buggies doesn't mean everyone else does. Argentina wasn't too far from markets in the 19th century, with 2 centuries ago transport technology! You saying that today in 2020 we are farther away? What an inane comment.

    Though I agree with you food exports won't make the country rich, i have said so many times. That Argentina is done for. But that doesn't mean you can't make some good income while at it.

    Dec 06th, 2015 - 03:49 am - Link - Report abuse 0
  • Skip

    Argentina doesn't make good income.

    It exported US$5.2 billion in October. Australia with just over 50% the population of Argentina exported US$19.5 billion.

    Now that is good income.

    Argentina isn't done for. It's just mismanaged.

    Dec 07th, 2015 - 08:06 am - Link - Report abuse 0

Commenting for this story is now closed.
If you have a Facebook account, become a fan and comment on our Facebook Page!