Increasing farm rental prices 2011

According to a report by the Uruguayan Ministry of Agriculture rental prices increased 19% in 2011 as compared to prices in 2010. The overall average rental price is $ 152 USD per hectare. For cattle breeding the average price is $ 62 USD en for grains the average price is $ 317 USD per hectare. The highest increase in rental price was seen in forestry with 29% followed by grains with 23%. The full report with details per sector and region is available upon request.