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The high number of rainy days and unusually cool November slowed the corn harvest; about 10%-20% of corn was estimated to be still in the fields at the end of November.
Bulgaria already exported its rapeseeds surplus with exports reaching 460,000 MT at the end of November.
Production of all three types of citrus in MY 2014/2015 is estimated to rebound, as a result of good weather conditions and the recuperation of plants that had been previously affected by frosts.
Post forecast Argentina’s milk production for calendar year (CY) 2015 at 11.7 million tons, a three percent decrease from CY2014 USDA’s estimates.
Robust soybean planting in Cordoba province and smooth planting in the rest of the country are trending national production area towards the 2014/15 soybean forecast of 21 million hectares.
Unusually rainy weather along with cooler temperatures this year made the season challenging for the farmers.
Unusually rainy weather along with cooler temperatures this year made the season challenging for the farmers.
Post forecasts production at above normal levels as production rebounds following 2014 series of bad weather and to the natural lifecycle of plants.
Wheat production for 2014-15 is forecast at 12.5 million tons, 500,000 tons higher than USDA.
Post raises Argentine 2015 sugar production estimate to 2.05 million tons, a small increase from USDA’s number due to beneficial weather during harvest time.
Market demand, consumption and trade in legumes in Bulgaria are increasing. The market is diversifying and demand for higher quality product grows.
2014/15 soybean production area is forecast at 21 million hectares, with production forecast at 57 million metric tons (mmt), based on commodity prices and currency hedging.