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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.
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.