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Argentine sugar production for marketing year 2019/20 is forecast stable at 1.68 million tons, raw value, with domestic consumption continuing its downward trend and exports forecast....
For marketing year 2019/20, wheat production is forecast at a record 20.4 million tons with exports expected at 14.5 million tons.
Post forecasts 2019/20 soybean production to fall by 3 percent to 53 million tons due to decreased area.
Argentina’s herd size, slaughter and stock numbers remain unchanged from 2018.
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.