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With the outlook for the sugar industry largely unchanged from the previous report, no significant changes are made to the supply and demand tables.
No significant changes were made to the 2024/25 wheat supply and demand forecasts. Wheat imports and exports remain banned. The 2024/25 rice production forecast is unchanged at a record 10 million tons.
Argentine beef exports in 2025 are projected at a record 860,000 tons, carcass weight equivalent (cwe) as beef production is forecast to increase marginally.