Uruguay: Oilseeds and Products Annual

  |   Attaché Report (GAIN)

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Office of Agricultural Affairs, Buenos Aires   |   (011-54-11) 5777-4627

In a time of tight margins due to lower commodity prices, only soybeans make financial sense. Post forecasts 2015/16 soybean production area at 1.3 million hectares, a four percent decrease from 2014/15 production area. Crop rotation requirements and the exit of some production pools are responsible for the decline. Yields have been on the rise, as farmers improve their know-how and avail better seed genetics, leading to a 2015/16 production forecast of 3.65 million metric tons (mmt). Exports are forecast at a record 3.385 mmt. A new terminal in Montevideo will lead to top off export opportunities for Uruguay, displacing some exports from the southern ports of Buenos Aires province.

Uruguay: Oilseeds and Products Annual

 

Western Hemisphere, Uruguay
Biofuels, Oilseeds, Soybeans, Oilseeds (excl. soybean)

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