http://online.wsj.com/article/SB1000142405297020446440457711...Argentina is on the verge of drastically limiting foreign ownership of farmland. The details in this article seem to indicate it won't be retroactive and companies that already have land will be able to keep it. It also isn't clear how CRESY will be viewed, although it sounds like the company is being considered an Argentine owner at this time. With at least 40% of the company owned by either the Elzstains or the Argentine Social Security Admin, I would wager it will be considered Argentine going forward, which could reduce competition from well-funded companies like Adecoagro.
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