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 …

Billion-Dollar Pulp Mill Transforms Quiet Corner Of Uruguay

Patrick Archer agribusiness, foreign investment, real estate, uruguay

It won’t officially open for a few more months, but a the Montes del Plata pulp mill is already changing lives, incomes and expectations in a once-quiet corner of Uruguay. Montes del Plata is investing a reported US$1.9 billion on the state-of-the-art facility in Conchillas, and the spillover effects from the mill’s construction have been felt throughout Colonia. Local salaries …