A media máquina: The data indicate that Argentine agriculture only uses 50% of the "installed capacity" and that there is still room for more.

The capacity for growth in agriculture - or "resilience," depending on how you look at it - is often measured in terms of technological incorporation or new discoveries. But an in-depth analysis of what is already available demonstrates that the sector's "installed capacity" - to use an industrial metaphor - is practically double what is actually being used. This is an agricultural sector that works at half capacity and, even so, is a leader in food production in the region and the world. Moreover, even with all the new technology accumulated over the last few decades - from GMOs and direct seeding to the latest in digitalization and data analysis - it is not even a third as efficient as it was in other eras. A group of economists from the Inter-American Development Bank (IDB) that set out to illustrate this phenomenon with figures throughout Latin America and the Caribbean could not help but stop at the particular Argentine case, where the limit is not technical, but of ...