Uruguay: Oilseeds and Products Annual
Post forecasts 2016/17 production area at 1.1 million hectares, a decrease of 8 percent from Post’s area estimate of 15/16. Despite the area loss, production is forecast to rise to 2.49 million tons as yields are expected to return to historical levels. The recent policy changes and positive outlook in Argentina have accelerated the exit of Argentine investor groups. 2016/2017 exports are forecast to rise to 2.18 million tons as a result of steady foreign demand and expanded top-off opportunities through the Obrinel Grain Terminal in Montevideo.
