Argentina: Oilseeds and Products Update
2015/2016 sunflower production is revised down to 2.61 million tons on an increasingly less profitable situation, especially in Buenos Aires and La Pampa provinces. 2014/2015 sunflower production is revised down 9 percent to 2.86 million tons on new and updated information from local analysts. A number of producers are switching from sunflower to soybeans as the latter remains the most cost-effective option for adequate returns. Soybean production remains unchanged at 57 million tons. Peanut production is unchanged at 1.2 million tons.
