Uruguay remains as a most attractive country for Argentine investors because of its business opportunities, logical taxing system and absence of export levies plus its geographical closeness, according to Luis Bonetto Argentine investment advisor and expert in agriculture.
Chilean dairy farmers and the country’s main agriculture organization, SNA, are demanding safeguards against the import of powder milk and Gouda cheese from Uruguay and Argentina arguing “disloyal competition”.
The average price of an exported bottle of wine from Argentina has exceeded a Chilean bottle for the first time, according to recently released Wines of Chile figures. The report also revealed that Chile's wine exports fell 4.4% between January and June 2009, compared to the same time last year.
Officials from the administration of Argentine president Cristina Fernandez de Kirchner have announced a set of measures toward the liberalization of meat and grains exports -following demands made by farming organizations- in a move to resolve the ongoing conflict with farming leaders.
Argentine farmers said on Saturday that the camp is “no longer a tame cow to be milked” by a “predatory government” and blasted “inefficiency and wrong policies”.
NZ Farming Systems Uruguay Ltd has raised 30 million US dollars by selling a first tranche of bonds in Uruguay. The non-convertible bonds have an expected maturity of about 15 years, and pay a fixed interest rate of 5% until September 30, 2010.
The Chilean wine industry produced more wine, and of better quality, in 2009 than any previous year, according to a recent report by the Office of Agriculture and Livestock (SAG).
Argentine farmers have again warned that if “urgent solutions” are not forthcoming” it’s almost certain “we’ll be facing an even greater conflict”.
A recent increase in the sale of Falklands farms to overseas buyers may lead to amendments to the Lands Non-residents Ordinance potentially to restrict who can buy farmland in the islands.
On the 56th anniversary of the start of the Cuban Revolution, the message from President Raul Castro was not at all celebratory: the country must prepare for a second round of belt tightening because of the global financial crisis and promoting agriculture and food production is a “strategic priority”.