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2016/2017 wheat production is estimated at 6.7 million metric tons (mmt), up 17 percent from the previous year based on good weather driving better quality.
Corn production is projected to be higher than previous estimates, as farmers shifted production from sorghum to corn due to pest concerns.
Post agrees with USDA’s estimation of Argentina’s 2016/17 wheat production volume (15.0 million tons) and exports (8.6 million tons).