Argentina: Oilseeds and Products Annual

Post forecasts 2019/20 soybean production to fall by 3 percent to 53 million tons due to decreased area. Sunflower seed production is expected to decline by 7 percent to 3.6 million tons based on flat area while peanut production is expected to decline by 2 percent to 1.13 million tons due to a return to average yields. Producer uncertainty is high due to shifting economic conditions and an upcoming presidential election in October 2019. This has the potential to alter the flow of farmer sells and plantings decisions for the 2019/20 season.  

Argentina: Oilseeds and Products Annual