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For calendar year 2019, Post revises Argentine milk production up slightly to 10.91 million metric tons with CY2019 stocks estimated to fall to 53 million metric tons from 82 million metric tons....
For CY 2018/2019, production of fresh apples and pears is revised upward to 590,000 MT and 600,000 MT, respectively, from official USDA estimates.
Argentine sugar production for marketing year 2019/20 is forecast stable at 1.68 million tons, raw value, with domestic consumption continuing its downward trend and exports forecast....
For marketing year 2019/20, wheat production is forecast at a record 20.4 million tons with exports expected at 14.5 million tons.
Post forecasts 2019/20 soybean production to fall by 3 percent to 53 million tons due to decreased area.
Argentina’s herd size, slaughter and stock numbers remain unchanged from 2018.