Argentina: Oilseeds and Products Update
2015/2016 oilseeds production is left unchanged compared to Post’s estimates from last month. However, excessive rain and heat levels in various areas of the country could lead to damage resulting yield and area losses. Soybean crush is revised up to 44.6 million tons as current conditions make it more economically viable to add value to soybeans than market the grain alone. 2015/2016 sunflower exports are revised up based on a stronger industry outlook. 2014/2015 peanut exports are revised up based on current trade data.
