Browse Data and Analysis

Dry weather and high temperatures in the last months of 2022 have damaged the Marketing Year (MY) 2022/23 Argentine soybean crop, particularly affecting first crop soybeans within a 125 kilometer radius of Rosario, Santa Fe Province.

Argentine imports of consumer-oriented food and beverages in 2023 are projected to remain flat at 2022 levels, due to continuing economic uncertainty, currency controls, weak consumer spending, and the expectation of high inflation.

For Marketing Year (MY) 2022/23, Post forecasts fresh deciduous fruit production to rebound to 535,000 MT for apples and 700,000 MT for pears due to favorable weather conditions.

For marketing year (MY) 2022/23, Post forecasts fresh lemon production to decrease to 1.77 million metric tons (MMT) due to unfavorable weather conditions. Fresh orange production is projected to decrease to 800,000 metric tons (MT), and fresh tangerine production is expected to decrease to 380,000 MT due to heavy hailstorms in July 2022 in northeastern Argentina, which caused fruit loss and may have damaged trees.