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Post projects Argentine wheat production for 2017/18 at 16.8 million tons, 700,000 tons smaller than USDA due to a significantly lower harvested area. Excess rain during the planting and growing....
Heavy rains during August and September have caused noteworthy damage across Argentina’s main crop areas (specifically in the provinces of Buenos Aires, Santa Fe and Cordoba).
The United States is the world’s largest producer of beef but it also imports more beef than any other country.
Post forecasts lower soybean production on decreased area and a return to historical yield levels for 2016/17.
A new government took office in December implementing rapidly policy changes to support the local agricultural sector.