BUENOS AIRES, Argentina (DTN) -- Argentine farmers received a real shot in the arm with the devaluation of the peso and cutting of quotas and tariffs on Argentine grain and meat exports.
The new regime will likely prompt a dramatic jump in output over the next two years, including a jump of 15% in grain output through 2017.
However, freeing up markets and the resulting expansion will expose shortcomings previously hidden by reduced activity.
"The issue is that we are not well-prepared for this expansion," said Gustavo Lopez, a grains analyst at Agritrend, a Buenos Aires-based consultancy.
Lopez says the ...