{"id":10932,"date":"2013-10-08T09:21:44","date_gmt":"2013-10-08T09:21:44","guid":{"rendered":"http:\/\/praag.org\/?p=10932"},"modified":"2013-10-08T10:23:12","modified_gmt":"2013-10-08T10:23:12","slug":"argentinian-farmland-fetch-high-prices","status":"publish","type":"post","link":"https:\/\/praag.org\/?p=10932","title":{"rendered":"Argentinian farmland fetch high prices"},"content":{"rendered":"<figure id=\"attachment_10933\" aria-describedby=\"caption-attachment-10933\" style=\"width: 259px\" class=\"wp-caption alignleft\"><a href=\"http:\/\/praag.org\/wp-content\/uploads\/2013\/10\/grainships.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-10933\" alt=\"Argentine agri exports looking good\" src=\"http:\/\/praag.org\/wp-content\/uploads\/2013\/10\/grainships.jpg\" width=\"259\" height=\"194\" srcset=\"https:\/\/praag.org\/wp-content\/uploads\/2013\/10\/grainships.jpg 259w, https:\/\/praag.org\/wp-content\/uploads\/2013\/10\/grainships-148x111.jpg 148w, https:\/\/praag.org\/wp-content\/uploads\/2013\/10\/grainships-31x23.jpg 31w, https:\/\/praag.org\/wp-content\/uploads\/2013\/10\/grainships-38x28.jpg 38w\" sizes=\"auto, (max-width: 259px) 85vw, 259px\" \/><\/a><figcaption id=\"caption-attachment-10933\" class=\"wp-caption-text\">Argentine agri exports looking good<\/figcaption><\/figure>\n<p style=\"text-align: justify;\">Twenty percent of GDP in Argentina is agriculture-related, making it an important country for agriculture production due its high yields.<\/p>\n<p style=\"text-align: justify;\">Argentina is the world&#8217;s largest exporter of sunflower oil, a leading exporter of soybean oil and among the top five exporters of soybeans and corn. More than a third of Argentina&#8217;s exports are in agri products, which earned them $25 billion in 2010\/2011.<\/p>\n<p style=\"text-align: justify;\">Export oportunities is a key driver for agricultural production for 1014\/2015, particulary for grains, rice and sugar. However a key risk is the county&#8217;s rising food inflation, which could force the government to try and stem exports as has been done to beef exports in the past.<\/p>\n<p style=\"text-align: justify;\">The government is taking positive steps to change grain seed laws to increase the biofuel blending limit, which could increase production in the medium term.<\/p>\n<p style=\"text-align: justify;\">It could help foster a good relationship with the farmers and capitalize on its strong production potential.<\/p>\n<p style=\"text-align: justify;\">Beef consumption is expected to decline as consumers switch to poultry. It has unintended consequences.<\/p>\n<p style=\"text-align: justify;\">Farmers will build stocks on the back of high prices and Argentina could return to being one of the world&#8217;s largest beef exporters over the medium term.<\/p>\n<p style=\"text-align: justify;\">The long-term soybean forecasts should be revised as the government passes new seed laws to encourage farmers to use genetically modified GM seeds.<\/p>\n<p style=\"text-align: justify;\">Only 35% use it now and that could change to 80% shortly. It would cut production costs while allowing farmers to earn more revenue from their output.<\/p>\n<p style=\"text-align: justify;\">It could mean that Argentina could surpass Brazil and become the world&#8217;s second largest soybean exporter. At the moment they are in third place.<\/p>\n<p style=\"text-align: justify;\">A continued rebound in corn is expected as Buenos Aires Grains Exchange already saw a 4% area increase in corn planted for the 2011 season. Argentina is the world&#8217;s second largest corn exporter.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Twenty percent of GDP in Argentina is agriculture-related, making it an important country for agriculture production due its high yields. Argentina is the world&#8217;s largest exporter of sunflower oil, a leading exporter of soybean oil and among the top five exporters of soybeans and corn. More than a third of Argentina&#8217;s exports are in agri &hellip; <a href=\"https:\/\/praag.org\/?p=10932\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Argentinian farmland fetch high prices&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":10933,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5,3,10,123],"tags":[6820,2520,6821,6823,6819,6815,6822,6816,6818,6817],"class_list":["post-10932","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-and-finance","category-news","category-united-states","category-world","tag-agri-products","tag-argentina","tag-biofuel-blending-limit","tag-buenos-aires-grains-exchange","tag-corn","tag-dumping","tag-genetically-modified","tag-gm-seeds","tag-soybean","tag-sunflower-oil"],"cc_featured_image_caption":{"caption_text":false,"source_text":false,"source_url":false},"jetpack_featured_media_url":"https:\/\/praag.org\/wp-content\/uploads\/2013\/10\/grainships.jpg","_links":{"self":[{"href":"https:\/\/praag.org\/index.php?rest_route=\/wp\/v2\/posts\/10932","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/praag.org\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/praag.org\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/praag.org\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/praag.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=10932"}],"version-history":[{"count":4,"href":"https:\/\/praag.org\/index.php?rest_route=\/wp\/v2\/posts\/10932\/revisions"}],"predecessor-version":[{"id":10938,"href":"https:\/\/praag.org\/index.php?rest_route=\/wp\/v2\/posts\/10932\/revisions\/10938"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/praag.org\/index.php?rest_route=\/wp\/v2\/media\/10933"}],"wp:attachment":[{"href":"https:\/\/praag.org\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=10932"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/praag.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=10932"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/praag.org\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=10932"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}