land price increases for agricultural use in Uruguay. Banks and brokers
The land for agricultural use has increased from 13% of its value, according to a report published Monday in the web site of the Presidency of the Republic.
The information comes at a time of sustained growth in agricultural production, for example, the rice crop will exceed 1.5 million tonnes and afforestation which represents more than 1,000 million dollars a year in exports.
The official report noted that the average land and has been located in $ 2,650 hectare in late 2010 against $ 2,329 in 2009. The document said that in the second half of 2010 were 1,143 sales transactions totaling 157,000 hectares for 434 million dollars.
Data were provided by the Bureau of Agricultural Statistics (IDEA) of the Ministry of Livestock, Agriculture and Fisheries.
Fernando Rincon, responsible for monitoring and information management, said that in 2010 negotiated the area was 350,000 hectares, with a slight increase of 4% compared to 2009.
The report noted that the Department of Paysandu, Durazno Tacuarembó were those who have registered major land sales, especially to destine them to livestock and forestry.
departments with more land were sold Rocha, Cerro Largo and Lavalleja, accounting for 23% of total transactions, while San Jose and Colonia recorded the highest average prices in 6195 and $ 5,000 per hectare for small areas 70 and 95 hectares, by operation respectively.
While Rivera, on the border with Brazil, recorded the lowest average with $ 1,124 an acre.
Livestock - beef - continues to be the largest item of export from Uruguay with over 1,400 million dollars last year on a total of Uruguayan products exported 6.732 million dollars in 2010.
forestry exports grew at over 1,000 million dollars in 2010 against just over 600 million dollars in 2009.
Herald
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