Argentine Tea and Yerba Mate Report.

From: Tea & Coffee Trade Journal | Date: May 1, 1997| Author: Misdorp, Sheila | Copyright information

Argentina pulled out of its year long recession in 1996 with the economy expanding by 4.4%. Prospects for 1997 look good with industrial output up by 10% in February 1997 over the same 1996 period. Industry, Trade, and Mining Secretary Alieto Guadagni forecast in mid-March that industrial production will grow by at least 6% for the year.

While farmers in most sectors benefited from rising production and higher prices, the same cannot be said for Argentina's tea and yerba mat...

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