Uruguay Farmers Fend Off Droughts With Soy Technology, CEO Says
- One of nation’s biggest farm firms optimistic on 2023 soy crop
- Top meal trader Argentina getting beans from Uruguay this year
A worker holds soybeans during a harvest in Waynesfield, Ohio, US, on Sunday, Oct. 17, 2022.
Photographer: Matthew Hatcher/BloombergThis article is for subscribers only.
Farmers in Uruguay, which is emerging as a supplier of soybeans to giant export plants in neighboring Argentina, are withstanding climate change through investments in technology to fight droughts.
The harvest next year could reach about 3 million metric tons despite forecasts of dry weather in the River Plate region until January. That’d be only slightly lower than the 2022 crop, which benefited from timely rains, according to Montevideo-based consultancy firm Exante.