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Thursday, July 4

Forbes / Reuters Peru's farming output up 8.2 pct Jan-May: "Farming represents about 8 percent of gross domestic product for Peru, Latin America's seventh largest economy, but the sector is not a traditional bread-winner like the key mining and fishing sectors.Farming shrank 0.6 percent last year, but production leaped 8.1 percent year-on-year in May." Growth in farm production is real good news for the Toledo government because it's labor intensive and includes the whole country, as opposed to mining, which is concentrated in pockets and exports much of its profits.

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