The program came to an end last week after eight months of window. The results ? more than $116 billion has been declared before the Argentine tax authorities.
The government will collected $9.2 billion in fees paid by those who declared assets in the tax amnesty. This will allow the country to develop infrastructures, renewable energy programs etc. However, argentines are estimated to hold up to $400 billion in tax havens. So argentines have taken a great step forward back in their country. To be followed…
After having affected Peru and Colombia, “El Niño” weather natural phenomenon is now impacting all western regions of the southern cone. In Argentina, 7 provinces are already affected.
In Salta province, where San Bartolo farm is located, we registered more than 300 mm of water in less then 24 hours versus the annual historical average of 776 mm during the 1st weekend of April. The neighbouring villages of Lajitas and Apolinario Saravia are both under water.
As for San Bartolo farm, the house has been affected so as some internal roads. As a direct consequence, fattening services was temporarily interrupted. This flooding situation forced us to concentrate the herd in some dry plots and reduces also available pasture. As long as this event will remain, its consequences for the farm will remain limited.
Uruguay has just concluded a new preferential trade agreement with China for soybean exports (free of any weed – Tolerance 0% of impurities). This implies costs increase of harvest process, cleaning, classification and logistics or export companies may translated it into lower prices paid (discounts or coverage of the risk in shipping) – it’s likely that it will end up by being a combination of both above consequences.
We register more rainfall in the farm than the usual standard for the period. This rainfall benefits our cattle herd (over 5,000 heads) so as for our corn plantation dedicated ultimately to the animals suplementation. However, those episodes delayed a bit some other sowing activities.
The farm is dedicated to breeding activity and in this framework, we just successfully sowed 470 hectares of pastures to increase meet production. First step was the aerial application of glyphosate.
Then 400 hectares of ray grass were sowed via aerial application as you can see below. In addition, 70 hectares of OAT were sowed via land application.
In order that our herd take full benefit of this program, we are also building a new Australian water tank (400, 000 liters of capacity – 3 meters high) with a minor investment as we try as much as possible to re use existing resources or material available at farm. The tank should enter into service by end of April 2017.
It is expected that Uruguayan farmers should register a new record in soybean harvest in the coming months. Expected average yield for the campaign should be between 2.6 and 2.7 tons per hectare- with a base of 2.4 tons per hectare, which represents 3.3 million tons of soybean.