Argentina: Oilseeds and Products Update
Link to report:
Providently timed rains have allowed emergence amid generally positive early oilseed crop conditions, but the absence of significant soil profile moisture in much of the country means that farmers will be dependent on timely rains to meet yield goals. MY 2020/21 soybean production projection is lowered to 50 MMT and sunflowerseed is reduced to 2.9 MMT primarily due to dry weather, in line with USDA official. Peanut production is raised slightly to 1.35 MMT on larger planted area.
