Uruguay: Oilseeds and Products Annual
Post forecasts 2017/18 area planted to remain stagnant at 1.2 million hectares. This area and a return to historical yields are forecast to produce 3 million tons. Production for 2016/2017 is estimated at 3.4 million tons thanks to record yields, the result of excellent conditions throughout the season. A recent phytosanitary protocol reached between Uruguay and its primary export market, China, has led to great uncertainty in the country’s soybean sector.