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Post projects a slight increase in fresh apple production in Marketing Year (MY) 2024/25, forecast at 488,000 metric tons (MT), while pear production is expected to decrease to 655,000 MT from the previous year.
The Government of Argentina (GOA) approved five new genetically engineered (GE) events in late 2023 and 2024, including one cotton, two soybean, and two corn events. In 2024, the first three applications were submitted for joint assessment by the agricultural regulatory agencies of Argentina and Brazil under the Cooperation Agreement on Biosafety of Modern Biotechnology Products, signed in 2022.
In 2024, Argentina's dairy production faced significant challenges, primarily due to severe weather and economic issues which led to a projected 7 percent decline in milk output, estimated at 10,708 metric tons (MT).
Post revises 2018/2019 soybean production down slightly to 56 million tons based on lower planting area.