While Brazil’s soybean production has been getting a lot of attention recently, soybean acres are also growing in neighbouring Argentina. Here’s a report on that expansion. ROSARIO, Argentina – Argentine soy production is expanding and setting new records year after year, despite the country’s frequent economic problems. With the 2002-03 harvest in full swing, the […] Read more
Stories by Damian Wroclavsky
Grain becomes new peso in Argentina
BUENOS AIRES, Argentina – In Argentina, where economic chaos has given birth to 11 different currencies issued by cash-hungry local governments, farmers have found a bushel of soybeans is worth more than a bag of banknotes. In a bankrupt country where a massive debt default and a freeze on bank deposits have made credit nonexistent […] Read more
