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Post forecasts 2018 broiler meat production to grow slightly by 1 percent to 2.11 million metric tons.
Argentina’s raisin production is forecast to rebound to normal historical levels to 40,000 MT in CY 2018 due to favorable weather conditions.
Argentine wheat production for the 2017/18 season is forecast at 16.65 million tons, 850,000 tons lower than USDA as Post estimates a smaller production area.
Argentine sugar production for 2015/16 is projected up at 2.25 million metric tons.
Post forecasts Calendar Year (CY) 2016 grape production at 2.67 million metric tons (MMT) under normal weather conditions and maintaining the current good sanitary conditions of the vineyards.
Argentine wheat production for crop 2015/16 is forecast down at 12 million tons due to a projected smaller planted area.
Post forecasts 2015/16 soybean area at 20.3 million hectares, marginally lower than Post’s 2014/15 area estimate, though up 2.5 percent from USDA 2014/15 estimates.