Insights and Stories of Hugh Bronstein

Sep. 3, 2015 at 4:11 pm CDT

Buenos Aires | Reuters — The El Nino weather phenomenon is expected to start dumping torrential rains on Argentina next month, pushing farmers to plant more low-cost soy and less corn despite concern over lack of crop rotation in one of the world’s main food suppliers. Argentina, the No. 1 […]

By Hugh Bronstein

Aug. 24, 2015 at 5:20 pm CDT

Buenos Aires | Reuters — Argentine farmers started a five-day crop sales strike on Monday, part of an election-year push in the world’s No. 3 soybean exporter to change policies that they say have killed profits under outgoing President Cristina Fernandez. The country is the biggest international supplier of soybean […]

By Hugh Bronstein

Mar. 21, 2015 at 4:59 am CDT

Buenos Aires | Reuters –– Argentine farmers have stockpiled more than twice as much soy this year than last, defying a government desperate to increase export tax revenue needed to finance rising state spending ahead of the October presidential election. Growers say the increase in soybean reserves, to 7.4 million […]

By Hugh Bronstein

Mar. 2, 2015 at 6:52 pm CST

Buenos Aires | Reuters — Argentina will keep an eye on how much soy is being hoarded on farms throughout the country by requiring that the sales of silo bags be reported to tax authorities, according to a government resolution announced Monday. The oblong industrial-strength plastic bags have come to […]

By Hugh Bronstein

Jan. 16, 2015 at 3:24 pm CST

Buenos Aires | Reuters –– The company that led the breakneck expansion of Argentine soy cultivation over the last two decades has quietly reduced the area it farms by more than half as inflation, trade restrictions and high taxes drain growers’ profits. Los Grobo, once known as the South American […]

By Hugh Bronstein