Argentina: Oilseeds and Products Update
2015/2016 soybean production is revised up to 58.5 million tons on good crop conditions resulting in higher yields. 2015/2016 sunflower and peanut production is revised down as a result of lower area and yields to 2.35 and 1.0 million tons, respectively. 2015/2016 sunflower exports are revised up to 85,000 tons as producers expect a more favorable international market that is expected to make exports more lucrative. Major changes in agricultural polices under new government will have a significant impact.
