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Post forecasts record Uruguayan beef exports at 490,000 tons carcass weight equivalent as a result of abundant beef supplies, strong foreign demand, and export limitations in several important competitors.
Post reduces estimated 2020/2021 soybean production to 2.125 million tons on dry conditions in February and early March, resulting in reduced exports of 1.97 million tons.
Post reduces estimated 2020/2021 soybean production to 2.125 million tons on dry conditions in February and early March, resulting in reduced exports of 1.97 million tons.
In marketing year 2021/22, wheat production and exports are forecast up to 980,000 tons and 500,000 tons, respectively, on increased planted area.
On June 28, 2019, the European Union became the first major partner to strike a trade agreement with the Southern Common Market (or MERCOSUR) countries of Argentina, Brazil, Paraguay, and Uruguay.
2021 beef production is forecast up at 555,000 carcass weight equivalent, on larger fed cattle inventory.
The government of Finland has announced a number of measures to help businesses that have been adversely affected by the coronavirus (COVID-19) pandemic.
Uruguayan wheat farmers in 2020-2021 are projected to keep planted acreage unchanged, with a similar output at 780,000 tons.
Post projects 2020/2021 Uruguayan soybean planted acres at 920,000 hectares, a decrease of 80,000 HA or 8% from 2019/2020 with total production of 2.35 million tons.
EU-27+UK chicken meat production is expected to increase slightly again in 2020 driven by both domestic and export demand.
At nearly 313.5 MMT, the total MY2019/20 EU28 grain crop is around 2 MMT higher than the previous forecast, with higher wheat, corn and barley production partially offset by a lower mixed grain....
Uruguayan beef exports for marketing year (MY) 2020 are projected at 454,000 tons carcass weight (cwe), marginally lower than in 2019, as large calf exports from 2016-2018....