Browse Data and Analysis

Post lowers marketing year (MY) 2023/2024 production to 49.5 million metric tons (MMT), still nearly double last year’s crop, based on a stretch of dry and hot weather in the major production areas despite previous ideal rains following planting.

Argentine beef exports in 2024 are projected up at 920,000 tons carcass weight equivalent, 20,000 tons higher than USDA official.

In order to maintain soybean processing at normal levels, Argentina is importing US soybeans for the first time in over two decades.

For CY 2018, production of the two types of fresh deciduous fruit is forecast to decrease to 530,000 MT for apples and 530,000 MT for pears from official USDA estimates.

While MY2018/19 Argentine forecast for sugar production and consumption maintain stable levels, exports plummet to 150,000 tons (raw value), due to stagnant production and lower beginning stocks.

For marketing year 2018/19, Argentine wheat production is forecast at a historic high of 20 million tons driving record exports of 14.2 million tons.