Argentina: Oilseeds and Products Annual
Post projects an increase of 100,000 hectares in soybean planted area and production of 51.5 million tons for marketing year 2021/2022. Sunflowerseed acreage expected to recover to 1.7 million hectares. 2019/2020 soybean estimated production is reduced to 45 million on prolonged dry conditions in northwestern Bueno Aires and Entre Rios Provinces. 2019/2020 soybean projected exports are reduced to 5.5 million tons on competition from Brazil and strong local crush demand.
