Browse Data and Analysis

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.

On Thursday, May 20, 2021 the government of Argentina imposed a 30-day ban on beef exports. The measure is intended to lower domestic beef prices by temporarily increasing the domestic supply.

MY 2021 fluid milk production is projected at 11.58 million tons, an increase of 1.1% over revised MY 2020 production levels.

For MY 2020/21, Post revises down its estimate for fresh apple production to 560,000 MT. Fresh pear production is estimated to increase to 620,000 MT.

Argentine sugar production in marketing year (MY) 2021-2022 is forecast down at 1.55 million tons, raw value, due to early season dryness which is expected to negatively impact yields.

Posts projects marketing year production for wheat, barley, corn, sorghum, and rice.

Post projects an increase of 100,000 hectares in soybean planted area and production of 51.5 million tons for marketing year 2021/2022.