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Wheat production in marketing year (MY) 2021-2022 is forecast at a record 20 million tons, and exports are projected at 13.5 million tons (including flour in its wheat equivalent), both unchanged from USDA’s official numbers.
Post lowers its MY 2021/22 projected planted area for soybeans to 17.0 million hectares. This reduction of 500,000 hectares will translate to total projected production of 49.7 million metric tons, 2.3 million metric tons below the USDA Official estimate.
Argentine wheat production for 2017/18 is increased to 18 million tons, 500,000 tons higher than USDA as final yields have been surprisingly higher than earlier expected.
The government’s plan to gradually reduce soybean export taxes commenced with the publication of Decree 1343/17 on January 2, 2018.
For MY 2017/2018, all three types of fresh citrus production are forecast to increase due to favorable weather conditions.
The government’s plan to gradually reduce soybean export taxes commenced with the publication of Decree 1343/17 on January 2.
This report provides overall information on regulations and standards for importing U.S. food and beverages into Argentina.