Consultant: Argentinian production would fall to 47 MMT of soybeans

14.02.2018

Córdoba consultant Pablo Adreani, owner of Agripac, has updated his estimate for Argentina’s soybean production and revised it from 57 million metric tons to 47 million metric tons due to the recent drought. For corn, the estimate was lowered from 40 million metric tons to 35 million metric tons.

In terms of financial loss, according to Adreani, that would be US$ 4 billion for the oilseed and US$ 1 billion in corn losses. Argentina is the largest soybean meal and soybeal oil provider in the world.


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