MercoPress. South Atlantic News Agency
Agriculture can boost production by 40%/50% with measures announced by Macri's team
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”We should have been the great winners these last five, six years, but we chose to self inflict harm that was unnecessary”
Dec 04th, 2015 - 02:26 pm - Link - Report abuse 0That' s been noted many times on these posts.
Won decade! lol.
Dec 04th, 2015 - 04:22 pm - Link - Report abuse 0Raise 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.
@2
Dec 05th, 2015 - 04:58 am - Link - Report abuse 0Food 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.
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.
Dec 05th, 2015 - 01:37 pm - Link - Report abuse 0Commodities 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.
@4
Dec 06th, 2015 - 03:49 am - Link - Report abuse 0Too 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.
Argentina doesn't make good income.
Dec 07th, 2015 - 08:06 am - Link - Report abuse 0It 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.
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