Argentina: Dairy and Products Annual
Argentine dairy production has remained relatively stagnant since 2011. Post forecasts Argentine milk output for calendar year (CY) 2016 to reach 11.67 million tons (equivalent to 11,328 million liters). Exports of dairy products in CY2016 are estimated at 270,000 metric tons (MT). Local dairy processors continue to struggle in a difficult domestic and international environment. As a consequence, returns in the sector are low and production rises are modest. A new president will take office in December 2015 and it may result in changes affecting macroeconomic and trade conditions.