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For CY 2017, production of fresh apples and pears is revised down to 530,000 MT and 500,000 MT, respectively, and table grape production will remain unchanged at 40,000 MT.
Argentine sugar production for 2017/18 is forecast at 1.9 million tons (raw basis), a decline of six percent over the previous season.
On December 17th, 2015, the government of Argentina removed currency controls and eliminated the multiple exchange rate system.
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.
The victory of President-elect Maurcio Macri on November 22nd, has lifted producer expectations and will likely have a significant impact domestically and in international markets.
The incoming government under the leadership of President-elect Maurcio Macri has proposed a series of agricultural policy changes that could have a significant impact...
Argentine dairy production has remained relatively stagnant since 2011. Post forecasts Argentine milk output for calendar year 2016 to reach 11.67 million tons (equivalent to 11,328 million liters).
Argentina’s raisin production is forecast to rebound to normal levels in CY 2016 and CY 2015 due to favorable weather conditions.
Argentine Government implements new process for prior approval of labels for food, beverages, cosmetic and personal care products, and household cleaning products.
Post continues to project the 2015/16 wheat crop at 10.2 million metric tons (mmt), slightly below USDA’s official number.
For CY 2016, Post forecasts production to rebound to 720,000 MT for apples and 650,000 MT for pears from CY 2015 due to favorable weather conditions.
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.