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- (-) October 2024
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Post increases marketing year (MY) 2024/2025 soybean production to reach 52 million metric tons (MMT), up 1 MMT higher than USDA official and Post’s previous estimate on 17.2 million hectares (MHA) harvested as producers shift to more soy away from corn over fears of the impact of corn stunt (leafhopper/Chicharrita) in corn, continued low prices, and expected dry conditions.
Health Canada opened public consultations on proposed compositional requirements for infant foods and foods currently regulated as foods for special dietary use. Interested stakeholders may submit their comments until December 23, 2024.
Argentine wheat production in marketing year (MY) 2024/2025 is estimated at 18 million tons (MMT) with exports (including wheat flour in its wheat equivalent) at 12 million tons, slightly above USDA official.
FAS/Canada projects modest milk production growth in 2025, based on a slight increase in fluid milk consumption, and steady requirements for industrial milk.
Post projects 2025 Argentine chicken meat production to rise to 2.55 million metric tons (MMT), while exports are projected at 180,000 metric tons as the Chinese market remains closed to Argentine exports.