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Argentina’s raisin production is forecast to rebound to historical levels of 35,000 MT in CY 2017 due to favorable weather conditions.
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.