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For MY 2016/2017, lemon production is forecast to decrease due to unfavorable weather conditions in the main citrus growing region of Argentina.
For calendar year (CY) 2016, Post revises production down to 640,000 metric tons (MT) for apples and 580,000 MT for fresh pears.
Post forecasts Argentine milk output for calendar year (CY) 2016 to reach 11.62 million tons, a one percent decrease from USDA’s CY2015 estimates.
For Calendar Year (CY) 2015, Post revised fresh apple production downward to 640,000 MT and fresh pear production is forecast to go down to 610,000 MT.
U.S. agricultural exports to South America nearly doubled in the past four years, reaching a record of more than $8 billion in calendar year 2014.