Business Opportunities in Agriculture: 150 Field Interviews (Book)

Argentina Agribusiness Report

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The Argentina Agribusiness Report features Business Monitor International's market assessment and independent 5-year forecasts covering the supply and demand outlook for the livestock, dairy, grains, rice, sugar, edible oils, coffee and cocoa sectors. ( Argentina Agribusiness Report - Business Market Reports )

Business Monitor International's Agribusiness service also provides proprietary medium term price forecasts for key commodities, including corn, wheat, rice, sugar, cocoa, coffee, soy and milk; in addition to newly-researched competitive intelligence on leading agribusiness producers, traders and suppliers; in-depth analysis of latest industry developments; and essential industry context, such as the background macroeconomic outlook and the downstream supply chain.

Key Benefits
Use BMI's independent 5-Year industry forecasts to test other views - a key input for successful planning in dynamic agribusiness markets.

Apply BMI's medium term commodity price forecasts to assist with budgetary planning and the identification of investment opportunities and potential risks

Exploit latest competitive intelligence on your competitors and peers in Asia, Europe, Latin America, the Middle East and Africa through our company rankings and analysis.

Executive Summary

The Argentine agricultural industry is characterised by strong production and large-scale mechanisation and enjoys a position as one of the world's foremost agricultural exporters, with the industry contributing over US$16bn to GDP. With GDP forecast to increase by over 50% to 2012, the potential for agriculture to further drive growth in the country is enormous.

The country's per capita meat consumption is the highest in the world, while its competitiveness in beef production means that the industry plays a major role in political and economic decisions. In our Argentina Agribusiness Report Q109, we look at how the local agricultural sectors have responded to various internal and external supply and demand issues. For instance, high tariffs and bans on beef and grains exports have unleashed the wrath of the country's farmers, prompting fears of domestic supply disruptions and further unrest in these sensitive times. In light of such potentially destabilising aspects, we foresee the industry performing healthily to the end of our forecast period, although hiccups along the way are expected.

The year 2008 has been one in which increasing numbers of local farmers took up soybean production. Between 1994 and 2004, it is estimated that the total of land under soybean cultivation grew by 236%, which reflects global demand for biofuels as environmentally sustainable energy sources. Consequently, Argentina has become a top soybean producing and exporting nation, reaping the benefit from its vast expanses of land. It is now predicted that over 60% of Argentine farmland is now used for soybean cultivation. However, the incompatibility of soybean production with other crops has led to massive reductions in available land for grains and beef.

Although beef production is forecast to grow by 8.1% over the period of our outlook, the reduction in pastures has led to a growing number of US-style feedlots, where the animals are fed with soybean meal.

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Business Opportunities in Agriculture: 150 Field Interviews (Book)

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