Argentina: Dairy and Products Annual
Argentine dairy production continues to recover after massive industry consolidation and weather damage in 2016 and 2017. Post forecasts 2019 milk output to increase by 5 percent to 11.38 million tons based on lower feed costs, greater industry efficiency, and a recovery in prices. Dairy exports are expected to increase by nearly 22 percent to 225,000 tons due to a more competitive exchange rate and stronger milk powder exports.
