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Post revises 2018/2019 soybean production down slightly to 56 million tons based on lower planting 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.