Another record wheat year is forecasted for Uruguay
Comments OffUruguay could be heading for another record of farmland dedicated to wheat and although it is too early to have the exact data, estimates are above 500.000 hectares. Good climate and lower input costs, mainly from fertilizers, could be anticipating a record harvest next December overtaking the 480.000 hectares and 1.2 million tons of the [...]
Uruguay received offers for offshore exploration and production
Comments OffDespite all the international difficulties for investments in new areas for oil exploration, the oil giant PETROBRAS, YPF and GALP formed a consortium to present E&P bids for two of the most promising blocks of the Uruguayan offshore. This historical step for the offshore oil exploration in Uruguay raises the hope to get energy independence [...]
Lugar Urges Trade Benefits for Uruguay in Bid to Nudge Brazil
Comments OffSenator Richard Lugar, the ranking Republican on the Foreign Relations Committee, is urging the U.S. to extend trade benefits to Uruguay, a move he says would increase pressure on Brazil to deepen commercial ties.
In a report to be distributed next week, Lugar says Uruguay and neighboring Paraguay, the junior members of the Mercosur trade block [...]
