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Post raises Argentine 2015 sugar production estimate to 2.05 million tons, a small increase from USDA’s number due to beneficial weather during harvest time.
On September 18, 2014 the Korean Ministry of Agriculture, Food and Rural Affairs (MAFRA) issued a press release announcing the liberalization of its rice market through tariffication.
In 2013, $55 billion in local dairy product sales was two-percent higher than 2012.
2014/15 soybean production area is forecast at 21 million hectares, with production forecast at 57 million metric tons (mmt), based on commodity prices and currency hedging.