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On December 17th, 2015, the government of Argentina removed currency controls and eliminated the multiple exchange rate system.
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.
The victory of President-elect Maurcio Macri on November 22nd, has lifted producer expectations and will likely have a significant impact domestically and in international markets.
2016 Argentine broiler production is expected to reach a record 2.1 million metric tons (MMT) on modest growth in the export sector.
Argentine beef exports for 2016 are forecast up at 280,000 tons carcass weight equivalent (cwe), the highest level of the past 7 years.