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Montevideo, March 25th 2019 - 20:42 UTC

Argentine agro-industrial exports up 25% this year

Friday, November 11th 2016 - 08:00 UTC
Full article 2 comments
Minister Ricardo Buryaile and Argentina's new agricultural scenario Minister Ricardo Buryaile and Argentina's new agricultural scenario

It was in the first three quarters of 2016 compared to the same period in 2015, the Argentine Ministry of Agroindustry reported during the Agricultural Perspectives Conference at the Buenos Aires Cereal Exchange.

 Agroindustry Minister Ricardo Buryaile underlined the strategic importance of strengthening the Argentine participation in Mercosur, having reference prices and protecting the formal trade, objectives that will pass through the newly created Undersecretary of Agricultural Commercial Control.

“The national government is working to strengthen agricultural production and trade,” Buryaile said. He then reaffirmed President Mauricio Macri's commitment that Argentina is “to occupy the place it neglected for a long time.”

Buryaile also pointed out that in the first nine months of 2016 the exported agroindustrial volume went up 25% in the interannual measurement, which compensated for the fall in international prices and allowed a net growth of 6% in return.

Agriculture Undersecretary Luis Urriza said that “today we have a completely different scenario thanks to the measures implemented by the Government, which translate into the rural sector doing what it knows how to do, which is to produce.” The wheat and corn planting area is now about 3 percent larger and that for the 2016/2017 cycle the overall grain crop is expected to reach a record 130 million tons.

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  • Zaphod102

    Good news! Macri's policies have increased income from these exports by 6% and yet no comments from the usual suspects?

    Nov 14th, 2016 - 07:11 pm 0
  • Enrique Massot

    Zaphod was so alone in this thread I decided to cheer him up.
    Unfortunately, the story above means good just for a handful of large producers and agro-export companies.
    The rest of the economy is tanking because the glorious times when agro exports had Argentines spending like drunken sailors in NY and Paris aren't coming back.

    Nov 14th, 2016 - 10:01 pm 0
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