The worst in 60 years, the lack of rain is affecting every sector of society
Farmer Gustavo Giailevra, 63, pets a cow affected by the weather at his farm, amid Argentina's worst drought in sixty years, in Tostado, northern Santa Fe Argentina on February 9 2023. File photo: MIGUEL LO BIANCO/REUTERS
“Things are bad, we don’t have much, we don’t have margins to stop things for four or five days. We are practically hauling water every day for the animals to drink,” said Betiger, who is contemplating bankruptcy. This in turn hits Argentina’s ability to build up much-needed reserves of dollars, threatening to derail a fragile economic revival and leave the government unable to meet debt repayments amid spiralling inflation and a deep fiscal deficit.
“There are more reasons to be pessimistic and to think that the numbers are going to continue to collapse,” Russo said, adding that the harvest was shaping up as the worst in 20 years. “You hear the calves bleat until they die. It’s terrible,” he told Reuters at his farm, where the water reservoirs he had dug are all dried up, forcing him to bring what little water he can by truck.
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