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Argentina expected to export 25% fewer soybeans because of the extensive floods

Friday, May 20th 2016 - 10:28 UTC
Full article 6 comments

Argentina could export up to 25% fewer soybeans this year than last, analysts said, after severe rains left many fields underwater, damaging oilseed quality. In April, floods inundated key farm areas of Argentina, the world's third-biggest exporter of raw soybeans, prompting the U.S. Department of Agriculture to slash its forecast for soybean output to 56.5 million metric tons this year. Read full article

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  • chronic

    Does anyone think that rg maybe needs to invest in its human capital?

    May 20th, 2016 - 01:43 pm - Link - Report abuse 0
  • ChrisR

    Nevermind, the 25% extra next year will more than make up the loss this year.

    Pity that the money lost this year never comes back though!

    May 20th, 2016 - 06:47 pm - Link - Report abuse 0
  • Enrique Massot

    #1 chronic
    Although I rarely agree with chronic, he is right on this one. Investing on Argentina's valuable human capital by improving education, public health and small and medium size enterprises is key for the country's progress. Not that current president Macri understands it.

    May 21st, 2016 - 06:13 pm - Link - Report abuse 0
  • Marti Llazo

    Public education under the recent past governments (Kirchnerismo) was a monumental failure. Fewer than half of the Argentine adolescents complete secondary school, and this trend worsen during the final years of CFK's government. Teacher unions here are overwhelmingly Peronist, and teachers seem happier when out on strike than in the classrooms.

    Right now the teachers' strike in Tierra del Fuego has kept students from public schools for three months. The new government has ordered the school administrators to take over and teach, so that students don't lose an entire school year. Getting back to work, to study. Something that Peronismo could not possibly understand.

    May 22nd, 2016 - 02:37 am - Link - Report abuse 0
  • Room101

    Perhaps some pupils play truant, like Tom Soya.

    May 23rd, 2016 - 09:18 pm - Link - Report abuse 0
  • Marti Llazo

    @5 Here is an article from last month on the high dropout rate in argie schools. Covers some of the details of the abysmal legacy in education that was left by the Kirchner governments. Apparently the large numbers of people who don't finish secondary school has been good for swelling the ranks of kirchnerism.

    http://www.lanacion.com.ar/1888789-hoy-la-mitad-de-los-jovenes-no-termina-el-colegio-secundario-dijo-esteban-bullrich

    May 24th, 2016 - 01:06 am - Link - Report abuse 0

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