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2020 chicken meat production will rise slightly to 2.2 million metric tons with exports of 158,000 metric tons, up 2 percent to key markets of China, Chile and Russia.
2019 Argentine dairy production is projected at 10,650,000 tons, down 1.8 percent from 2018 due to abnormally warm weather during the first half of the year.
2019/20 soybean planted area is forecast at 18 million hectares, up 0.2 million hectares as producers shift second season plantings from corn to soybeans.
Argentina continues to be the third largest producer of biotech crops, producing 14 percent of the world´s total biotech crops.
For CY 2017, production of all three types of citrus fruit is forecast to decrease below normal levels due to unfavorable weather conditions in the main citrus growing regions of Argentina.
Beginning in mid-November weather conditions improved in growing regions for soybeans and sunflower seed affected by previous heavy rains, allowing producers to reactivate their planting intentions.
There continues to be significant discussion over the short-term effects of the government’s decision to delay the reduction of soybean export taxes and the introduction of a five percent export...