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Production of all three types of citrus in MY 2014/2015 is estimated to rebound, as a result of good weather conditions and the recuperation of plants that had been previously affected by frosts.
Bosnia and Herzegovina (BiH) imports approximately two-thirds of its overall food needs.
Post forecast Argentina’s milk production for calendar year (CY) 2015 at 11.7 million tons, a three percent decrease from CY2014 USDA’s estimates.
Robust soybean planting in Cordoba province and smooth planting in the rest of the country are trending national production area towards the 2014/15 soybean forecast of 21 million hectares.
Post forecasts production at above normal levels as production rebounds following 2014 series of bad weather and to the natural lifecycle of plants.
Wheat production for 2014-15 is forecast at 12.5 million tons, 500,000 tons higher than USDA.
The European Commission released its Progress Report on BiH’s pre-accession efforts and concluded that substantial work remains to be done in the fields of agriculture and rural development.
Post raises Argentine 2015 sugar production estimate to 2.05 million tons, a small increase from USDA’s number due to beneficial weather during harvest time.
There is a need for genetic improvement of BiH’s dairy herds to increase the production of milk and meat and create higher income for the rural population.
2014/15 soybean production area is forecast at 21 million hectares, with production forecast at 57 million metric tons (mmt), based on commodity prices and currency hedging.
Bosnia and Herzegovina imports 90 percent of the pet food consumed and these imports reached $7.5 million in 2013.
Argentina continues to be the third largest producer of biotech crops after the United States and Brazil, producing 14 percent of the world´s total biotech crops.