Argentina: Grain and Feed Annual
Post agrees with USDA’s estimation of Argentina’s 2016/17 wheat production volume (15.0 million tons) and exports (8.6 million tons). The quality of the production is good, far better than the past two crop seasons. Barley production for 2016/17 is projected at 3.15 million tons, the same as USDA. However, Post estimates barley exports at 1.2 million tons, 600,000 tons lower than USDA. Corn production is kept at 36.5 million tons. However, due to the severe rain storms that occurred during mid-December and mid-January, the harvested area is reduced 50,000 hectares. Corn which was not directly affected by floods is in great condition. Post continues to estimate sorghum production in 2016/17 at 3.4 million tons, 200,000 tons lower than USDA. Exports for 2015/16 and 2016/17 are forecast at 600,000 tons each, lower than estimated by USDA. Post estimates rice production for 2016/17 at 845,000 tons (milled basis), lower than USDA. Two important producing provinces confirmed a lower planted area. The harvest just began in northern Corrientes.
