Argentina: Oilseeds and Products Update

2019/20 Soybean production forecast is raised to 54.1 Million Metric Tons (MMT), up 1.1 MMT from December, on positive growing conditions for first crop soybeans across Argentina. Sunflowerseed and peanut production is unchanged. Argentine farmers are concerned that the Argentine government will soon raise export taxes on grains and oilseeds using authority from an emergency economic law passed in December 2019.

Argentina: Oilseeds and Products Update