Agriculture is one of the bases of Argentina's economy. Argentine agriculture is relatively capital intensive, today providing about 7% of all employment and, even during its period of dominance around 1900, accounting for no more than a third of all labor. Having accounted for 20% of GDP as late as 1959, it adds, directly, less than 10% today; however, agricultural goods, whether raw or processed, still earn over half of Argentina's foreign exchange and, arguably, remain an indispensable pillar of the country's social progress and economic prosperity.
An estimated 10-15% of argentinian farmland is foreign owned.
In 2007, more than one fifth of Argentine exports of about US$56 billion were composed of unprocessed agricultural primary goods, mainly soybeans, wheat and maize. A further one third were composed of processed agricultural products, such as animal feed, flour and vegetable oils. The national governmental organization in charge of overseeing agriculture is the Secretariat of Agriculture, Cattle Farming, Fishing and Food (Secretaría de Agricultura, Ganadería, Pesca y Alimentos, SAGPyA).
Argentine beef and other meats are some of the most important agricultural export products of Argentina. Nearly 5 million tonnes of meats (not including seafood) are produced in Argentina, long the world's leading beef consumer on a per capita basis. Beef accounts for 3.2 million tonnes (not counting 500.000 tonnes of edible offal). Then, following in importance: chicken, with 1.2 million tonnes; pork, with 265,000 and mutton (including goat meat), over 100,000. Cattle is mainly raised in the provinces of Buenos Aires and Santa Fe. Additional significant agricultural commodities include cereals, oilseeds, fruit, vegetables, sugar cane, dairy products and fish/seafood. (Full article...)