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Argentina’s raisin production is forecast to remain stable in CY 2021 at 44,000 metric tons (MT) due to favorable weather conditions.
MY2020/21 wheat production is forecast at 17.4 million tons, 8 percent lower than USDA due to weather losses, reducing exports to 11.2 million tons.
2020 Argentine milk production is revised upwards to 11.35 million tons on favorable production conditions.
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...