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Argentina has reformed its food import and export regulations. The new rules allow food imported from countries with “high sanitary standards”, including the US, to enter with minimal paperwork. Also, exports from Argentina now only need to meet the requirements of destination countries rather than Argentine domestic regulations.

Argentine wheat production for marketing year (MY) 2023/2024 is estimated at 15.4 million tons, 400,000 tons higher than USDA official as yields were higher in the final phase than earlier expected. Corn production for MY 2023/2024 is projected at 57...