Browse Data and Analysis

For MY 2021/22, Post forecast fresh deciduous fruit production is estimated to remain relatively stable at 570,000 MT for fresh apples and 590,000 MT for fresh pears, compared to MY 2020/21.

Wheat production in marketing year (MY) 2021-2022 is forecast at a record 20 million tons, and exports are projected at 13.5 million tons (including flour in its wheat equivalent), both unchanged from USDA’s official numbers.

Post lowers its MY 2021/22 projected planted area for soybeans to 17.0 million hectares. This reduction of 500,000 hectares will translate to total projected production of 49.7 million metric tons, 2.3 million metric tons below the USDA Official estimate.

Post forecasts Argentine 2022 beef exports at 630,000 tons carcass weight equivalent (cwe), the lowest volume since 2019.

Post projects 2020 Argentine chicken meat production at 2.3 million metric tons, up very slightly from 2021 levels.

Argentine biofuel production in 2021 continues to suffer from the negative effects of the COVID-19 pandemic which has reduced fuel demand, a prolonged domestic economic recession, and recent changes in policy.

Argentina’s raisin production is forecast to remain stable in MY 2021/22 at 44,500 metric tons (MT).

Wheat production in marketing year (MY) 2021/22 is projected at a record 20.8 million tons, 300,000 tons higher than USDA Official.

As countries roll back COVID-19 restrictions, foreign market demand for beef is becoming a bright spot for U.S. producers.

With the MY 2020/2021 harvest season almost complete, Post lowers its soybean production estimate 500,000 tons, to 44.5 million metric tons (MMT), 2.5 MMT below USDA Official.

In the first quarter of 2021, U.S. soybean exports reached the second-highest value ever at $7.7 billion, nearly double the same period last year.

For MY 2020/21, Post’s revises its estimate for fresh lemon production to 1.15 million metric tons (metric tons), up 12 percent from prior estimates, as summer rains offset some drought impacts.