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Wheat exports for marketing year (MY) 2022-2023 are forecast at 12.35 million tons, l.15 million tons lower than USDA’s official number as a result of lower production. The wheat and barley crops are suffering very dry weather. Barley exports in MY 2022-2023 are forecast at 3.7 million tons, the same as in MY 2021-2022.
Argentina’s raisin production is forecast to remain stable in Marketing Year (MY) 2022/23 at 44,500 metric tons (MT). During December, crops suffered some negative effects from hale and strong winds, but managed to resiliently overcome these weather events. Exports are forecast at 39,000 MT, with Brazil as the primary destination, accounting for 70 percent of the Argentine exports.
On December 17th, 2015, the government of Argentina removed currency controls and eliminated the multiple exchange rate system.
Argentina continues to be the third largest producer of biotech crops after the United States and Brazil, producing 14 percent of the world´s total biotech crops.
The victory of President-elect Maurcio Macri on November 22nd, has lifted producer expectations and will likely have a significant impact domestically and in international markets.
The incoming government under the leadership of President-elect Maurcio Macri has proposed a series of agricultural policy changes that could have a significant impact...
Argentine dairy production has remained relatively stagnant since 2011. Post forecasts Argentine milk output for calendar year 2016 to reach 11.67 million tons (equivalent to 11,328 million liters).
Argentina’s raisin production is forecast to rebound to normal levels in CY 2016 and CY 2015 due to favorable weather conditions.
Argentine Government implements new process for prior approval of labels for food, beverages, cosmetic and personal care products, and household cleaning products.
Post continues to project the 2015/16 wheat crop at 10.2 million metric tons (mmt), slightly below USDA’s official number.
For CY 2016, Post forecasts production to rebound to 720,000 MT for apples and 650,000 MT for pears from CY 2015 due to favorable weather conditions.
2015/2016 sunflower production is revised down to 2.61 million tons on an increasingly less profitable situation, especially in Buenos Aires and La Pampa provinces.