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- (-) August 2018
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For 2017/18, drought impacts continue to impact oilseed commodities.
Argentina’s raisin production is forecast to remain stable at 41,000 metric tons in CY 2019 due to an expectation of favorable weather conditions.
Argentine fuel ethanol production and consumption are forecast to increase to a record 1.15 billion liters in 2018 as the local industry expands in order to fulfill the official quota....
Due to the government’s efforts to protect agricultural exports to China, over facilitating the entry of new technology, only two genetically engineered events (GE) received final approval in 2017....
Pakistan’s 2018/19 wheat production is estimated at 26.3 million metric tons (MMT), 800,000 tons higher than current USDA estimate.
Pakistan continues to increase its purchasing of soybeans and imports are expected to reach a record 2 million metric tons (MMT) during 2017/18 and 2.5 MMT during 2018/19.
Post forecasts wheat exports in MY2018/19 at 13.6 million tons, 600,000 tons lower than USDA, leading to greater stocks at 760,000 tons.