Browse Data and Analysis

Due to dry conditions, Argentine wheat production for marketing year (MY) 2022/23 is forecast down at 15.5 million metric tons (MMT), 2 MMT lower than the official USDA estimate. As a consequence wheat exports are lowered to 10 MMT. Barley exports for MY 2022/23 are also forecast down at 3 MMT, 500,000 MT lower than official USDA projection as result of lower production and slower farmer selling.

2022 Argentine dairy production is projected at the same level with respect to 2021 or with a drop of less than one percent year-on-year to 11.495,000 MT, due to abnormally dry and warm weather during the first half of the year which is expected to continue until the end of the year. Post forecasts Whole Milk Powder (WMP) production to rise to 245,000 MT in a recessionary domestic market with stable production compared to 2021, which would result in a higher export balance.

According to the Argentine government, farmers sold a record volume of soybeans, more than 13.7 million metric tons (MMT) in September, after the government offered a special exchange rate for producers. As a result, exporters booked nearly 4 MMT in export declarations, with China as the principal destination.

For 2017/2018, production of all three types of fresh deciduous fruit is forecast to rise to 550,000 MT for apples, 600,000 MT for pears and 45,000 MT for table grapes due to higher yields....

After some years of decline, the Argentine dairy sector is beginning to recover.

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).

Argentine beef exports for 2018 are forecast to rise by 25 percent to 350,000 tons, carcass weight equivalent, and the largest volume of the past nine years.

Post forecasts 2018 broiler meat production to grow slightly by 1 percent to 2.11 million metric tons.

Argentina’s raisin production is forecast to rebound to normal historical levels to 40,000 MT in CY 2018 due to favorable weather conditions.

Argentine wheat production for the 2017/18 season is forecast at 16.65 million tons, 850,000 tons lower than USDA as Post estimates a smaller production area.

Argentine bioethanol production in 2018 is forecast at 1.12 billion liters.