Business Index: agricultural confidence improved, but investor sentiment still lacks traction

A total of 1,450 entrepreneurs and 228 advisors belonging to the Groups that make up the Regional Agricultural Experimentation Consortia (CREA) responded to the latest edition of the SEA survey, the quarterly survey of expectations on which the Agricultural Entrepreneur Confidence Index (ICEA) is built. And this time, with the responses obtained in November, CREA emphasized that there were "significant changes" in the ICEA, which showed a "marked recovery, mainly explained by better expectations about the evolution of the Argentine economy." Basically, the results of the elections and the subsequent economic stability seem to have opened up the possibility in the minds of agricultural entrepreneurs of structural changes in the Argentine economy, which opens a horizon of confidence. However, it is still too early for this trend to consolidate: the investment mood remains low, as producers still do not see a favorable scenario to disburse money for new projects or expansions of ...