US$100 Million Grain Terminal Rising In The Port of Montevideo

Patrick Archer agribusiness, competitiveness, foreign investment, real estate, uruguay

Construction of the largest and most modern grain terminal in Uruguay is underway in the Port of Montevideo, a US$100 million port project that will transform the way local producers export their grains and wood chips to the world. The new grain terminal, which is expected to begin operation in April 2015, will double the Port of Montevideo’s current capacity …

Uruguay Is The Most Transparent Country In Latin America

Patrick Archer agribusiness, competitiveness, foreign investment, global rankings, lifestyle, real estate, uruguay

More positive reinforcement today for foreign investors considering Uruguay as a destination for portfolio diversification and wealth preservation. Uruguay is Viewed As the Most Transparent Country in Latin America is the headline in today’s El Observador summarizing the 2013 Corruption Perceptions Index from Berlin-based Transparency International. On a scale from 0 (totally corrupt) to 100 (very transparent), Uruguay is the …

High Flyin’ 747: Uruguay Posts Record Commodity Exports

Patrick Archer agribusiness, competitiveness, uruguay

Uruguay continued its blistering pace of export growth in October with everything from soy to beef to lumber posting solid gains, according to the country’s leading trade promotion agency. The monthly trade report from Uruguay XXI shows Uruguay exports rose 8.5% in October compared to the previous year. In total, Uruguay shipped US$747 million worth of beef, crops, timber and …

Uruguay Timber Growers Benefit From US New Construction

Patrick Archer agribusiness, real estate, uruguay

The recent increase in US residential construction activity has been good news for Uruguay timber growers, according to the country’s leading forestry association. Uruguay is exporting significantly more lumber and plywood to the United States this year, a trend that is forecast to continue through 2013 and increase in 2014, says Carlos Faroppa, the director of the country’s Society of …

Uruguay Cattle Population Outnumbers Residents 4 To 1

Patrick Archer agribusiness, competitiveness, real estate, uruguay

Twelve million cattle in a country of three million people. That is the scenario unfolding in Uruguay, as the country’s decade-long livestock boom is poised to reach another population milestone in 2014. Uruguay’s National Institute of Agricultural Research (INIA) is forecasting the birth and weaning of 3 million calves next fall, an unprecedented number which would bring the total number …