Final Report on 2019/20 Peanut Supply and Demand in Argentina

On September 1th, the Argentine Peanut Chamber (CAM, as per the Spanish acronym) updated its Supply and Demand Estimation for 2019/2020 peanut crop.

The good weather conditions favored the development of the crop leading to an estimation by growers of a yield of 2.78 MT per hectare (kernel basis). Based on industry data, total production is estimated at 976.356 tons, with an anual reduction on harvested area (-9,48%).