Argentina Wheat Producers Move En Masse To Uruguay

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

First it was cattle growers, then it was soybean farmers, and now Argentina wheat producers are moving their operations across the river to farmer-friendly Uruguay. “Wheat producers, advisors, managers and investors who have left Argentina to manage their own farms or join forces with a local firm now account for 40% of the wheat sown in Uruguay,” writes La Nacion’s …

Uruguay 2014 Soybean Harvest Will Set Another Record

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

Soybean farmers in Uruguay are planting 250,000 more acres (100,000 hectares) of soybeans this year in anticipation of the country’s largest soybean harvest next year. In total, Uruguay farmers are expected to plant a total of 3.33 million acres (1.35mm hectares) of soybeans which would be an 8% increase over last year’s planting, according to the Business Regulation & Statistics Division …

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 …

Uruguay Farmland Prices Have Risen 800% Since 2002

Patrick Archer agribusiness, aruba, average prices, foreign investment, real estate, uruguay

The average price of Uruguay farmland has surged 800% over the past decade, according to new numbers from the Uruguay Ministry of Livestock, Agriculture and Fishing. “Since 2002, the average price of Uruguay land has multiplied by nine, rising from US$385 per hectare to US$3,477 last year. In the past 13 years, over 7.1 million hectares of Uruguay farmland worth …