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Argentine sugar exports in marketing year (MY) 2024/2025 are projected at 625,000 tons raw value, the largest in the past 15 years due to the combination of expected large production and large stocks of sugar passed in from the previous marketing year.
Post forecasts Argentina soybean production at 51 million metric tons (MMT) in marketing year (MY) 2024/2025 as production returns to assuming good weather in the year ahead and increased soy planting at the expense of wheat and corn, particularly in late or second crop soy.
Argentina continues to be the third largest producer of biotech crops after the United States and Brazil, producing 14 percent of the world´s total biotech crops.
Argentine beef exports in 2015 are forecast at 210,000 tons carcass wt equivalent, an increase from the 2014 estimate, but still an insignificant volume for what Argentina has historically exported.
Argentine 2015 broiler production is expected to reach a new record high of 2.15 million metric tons (MMT), in response to increasing Russian demand.