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Argentine beef exports in 2020 are projected down at 640,000 tons carcass weight equivalent as lower prices and animal and human health issues generate negative trade dynamics.
On Wednesday, March 4, 2020 the Government of Argentina announced adjustments to its export tax regime.
2019/20 Soybean production forecast is raised to 54.1 Million Metric Tons (MMT), up 1.1 MMT from December, on positive growing conditions for first crop soybeans across Argentina.
Post revises 2018/2019 soybean production down slightly to 56 million tons based on lower planting area.
For 2018/2019, apple and pear production is forecast to increase over last year, despite lower planted area, but remain below historical levels.
Argentine dairy production continues to recover after massive industry consolidation and weather damage in 2016 and 2017.
Post forecasts wheat exports in marketing year (MY) 2018/19 at 13.6 million tons, 600,000 tons lower than USDA. Due to tighter supplies, Post estimates barley exports for 2017/18 at 2.5 million....
The Argentine government announced a plan to halve the number of Ministries which will bring the Ministry of Agroindustry under the Ministry of Production as a sub-secretariat.
Post forecasts 2019 chicken meat production to remain stable at 2.18 million metric tons.
For 2019, beef production is forecast to increase marginally to 3 million tons carcass weight equivalent.
For 2017/18, drought impacts continue to impact oilseed commodities.
Argentina’s raisin production is forecast to remain stable at 41,000 metric tons in CY 2019 due to an expectation of favorable weather conditions.