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After some years of decline, the Argentine dairy sector is beginning to recover.
Post projects Argentine wheat production for 2017/18 at 16.8 million tons, 700,000 tons smaller than USDA due to a significantly lower harvested area. Excess rain during the planting and growing....
Heavy rains during August and September have caused noteworthy damage across Argentina’s main crop areas (specifically in the provinces of Buenos Aires, Santa Fe and Cordoba).
Argentine beef exports for 2018 are forecast to rise by 25 percent to 350,000 tons, carcass weight equivalent, and the largest volume of the past nine years.
Post forecasts 2018 broiler meat production to grow slightly by 1 percent to 2.11 million metric tons.
Argentina’s raisin production is forecast to rebound to normal historical levels to 40,000 MT in CY 2018 due to favorable weather conditions.
Argentine wheat production for the 2017/18 season is forecast at 16.65 million tons, 850,000 tons lower than USDA as Post estimates a smaller production area.
Argentine bioethanol production in 2018 is forecast at 1.12 billion liters.
Post forecasts slightly lower soybean production on limited area rise and a return to historical yield levels for 2017/18.
Post revises down 2017 Argentine milk output to 10.39 million tons (equivalent to 10.094 million liters).
For CY 2017, production of fresh apples and pears is revised down to 530,000 MT and 500,000 MT, respectively, and table grape production will remain unchanged at 40,000 MT.
Argentine sugar production for 2017/18 is forecast at 1.9 million tons (raw basis), a decline of six percent over the previous season.