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Post increases marketing year (MY) 2024/2025 soybean production to reach 52 million metric tons (MMT), up 1 MMT higher than USDA official and Post’s previous estimate on 17.2 million hectares (MHA) harvested as producers shift to more soy away from corn over fears of the impact of corn stunt (leafhopper/Chicharrita) in corn, continued low prices, and expected dry conditions.
Argentine wheat production in marketing year (MY) 2024/2025 is estimated at 18 million tons (MMT) with exports (including wheat flour in its wheat equivalent) at 12 million tons, slightly above USDA official.
Post projects 2025 Argentine chicken meat production to rise to 2.55 million metric tons (MMT), while exports are projected at 180,000 metric tons as the Chinese market remains closed to Argentine exports.
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.