Agriculture in Brazil and Argentina: Developments and Prospects for Major

Recent increases in international competitiveness by Argentine and Brazilian grain and oilseed producers could foreshadow continued gains on the strength of abundant undeveloped agricultural resources, increasing market orientation, and expanding global trade liberalization. Economic and policy reform coupled with agricultural research developments drove the dramatic growth surge of the 1990s. Infrastructure development, livestock sector dynamics, and macroeconomic stability in each country will determine the speed and intensity of further growth.