President Javier Milei recently visited Puerto Iguazú on September 4, 2026, to close a major financial convention and strengthen his political party's footprint for 2027. However, the trip was highlighted by a 'tractorazo'—a massive rural protest—as local Yerba Mate producers fight for survival against deregulation and plummeting prices in Argentina's lush northeast.

Presidential Agenda in the 'Red Land'

On Friday, September 4, 2026, President Javier Milei arrived in Puerto Iguazú, located in the province of Misiones (famous for its red soil and the breathtaking Iguazú Falls). The primary objective of the visit was to deliver the closing speech at the 47th Annual Convention of the Argentine Institute of Finance Executives (IAEF), held at the Loi Suites hotel.

Milei was accompanied by his economic inner circle, including Luis Caputo, Federico Sturzenegger, and Pablo Quirno, and was welcomed by the governor of Misiones, Hugo Passalacqua.

🎯 Strategic Vision: Eyeing 2027

Beyond the economic discussions, sources indicate the President used the trip to solidify La Libertad Avanza (LLA)—his libertarian party—as a powerful force for the 2027 elections, holding strategic meetings with local leaders Adrián Núñez and Diego Hartfield.

The 'Tractorazo': A Cry for Help from the Fields

While the official events unfolded, National Route 12 became the stage for a peaceful but powerful mobilization. Local producers, harvesters (known as tareferos), and farmers, backed by organizations such as ATE Misiones, CTA, and the Movimiento Evita, marched with tractors and trucks from Comandante Andresito and San Vicente.

What is Yerba Mate? For foreigners, Yerba Mate is more than a plant; it is a cultural icon of the Southern Cone. It is a caffeine-rich herbal tea consumed from a gourd with a metal straw (bombilla), and Misiones is the heart of its production in Argentina.

The Core of the Conflict

The tension stems from the market deregulation driven by Decree (DNU) 70/2023. This law stripped the National Yerba Mate Institute (INYM) of its power to set reference prices, leaving farmers at the mercy of supply and demand.

Key Indicator Previous/Ref. Value Current/Reported Value
Green Leaf Price (per kg) ~ 400 pesos 180 to 300 pesos
Production Cost (per kg) - ~ 500 pesos
Diesel Fuel (per liter) 380 pesos 2,300 pesos
Co-responsibility Conv. 11,000 pesos/ton 44,000 pesos/ton

Government Responses & Hope

The National Government's stance remains firm. Minister of Deregulation Federico Sturzenegger reportedly rejected the idea of returning to minimum price controls. He suggests that the path to prosperity lies in opening international markets and boosting exports.

🌿 Provincial Action

In a hopeful move to protect small farmers, Governor Hugo Passalacqua is pushing a "Yerba Mate Emergency" bill through the provincial legislature. This would establish a minimum support price specifically for farms smaller than 50 hectares.

Main Demands from the Sector:
  • ✅ Restore powers to the INYM.
  • ✅ Establish mandatory minimum prices.
  • ✅ Implement traceability systems.
  • ✅ Access to real credit lines for farmers.
  • ✅ Open a formal dialogue table with the state.

Source: Infobae