Argentina: Oilseeds and Products Update
2014/15 soybean production area is forecast at 21 million hectares, with production forecast at 57 million metric tons (mmt), based on commodity prices and currency hedging. With sluggish sales, 2013/14 ending stocks are estimated at 12.6 mmt. 2014/15 peanut production area is forecast at 345,000 hectares. 2014/15 sunflower production area is forecast at 1.5 million hectares, with production forecast at 2.7 mmt