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Argentine sugar production for marketing year (MY) 2022-2023 is forecast at 1.71 million tons, raw value, practically unchanged from the previous year. La Niña weather conditions have limited sugarcane production over the last two years, and output was affected by a severe winter last year and a very dry and hot summer early this year.
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.