Required Report - public distribution

**Date:** 11/22/2004

**GAIN Report Number:** AR4060

AR4060

**Argentina**

**Citrus**

**ANNUAL**

**2004**

**Approved by:**

![](media/image1.wmf)Robert K. Hoff

U.S. Embassy

**Prepared by:**

Francisco Pirovano

**Report Highlights:**

Overall Argentine citrus production for calendar year (CY) 2005 is
forecast to remain at the level in CY 2004 2.4 million metric tons (MT).
Exports are expected to continue climbing in CY 2005 as more producers
are engaging in the ongoing export programs that are carried out by the
Argentine Animal and Plant Health and Food Safety authority (SENASA).
Imports are forecast to continue frozen due to the strength of the Euro
and U.S. Dollar vis-a-vis the Argentine peso. Domestic consumption will
continue falling, and more fruit will be destined foreign markets.

Includes PSD Changes: Yes

Includes Trade Matrix: No

Annual Report

Buenos Aires \[AR1\]

\[AR\]

Table of Contents

[**Section I. Situation and Outlook
3**](#section-i.-situation-and-outlook)

[Production 3](#production)

[Production Regions 3](#production-regions)

[Domestic Consumption 4](#domestic-consumption)

[Trade 5](#trade)

[Factors Affecting Industry Structure
8](#factors-affecting-industry-structure)

[Phytosanitary Issues 8](#phytosanitary-issues)

[Certified Plantations and Products
8](#certified-plantations-and-products)

[The Impact of a Larger European Union II
9](#the-impact-of-a-larger-european-union-ii)

[The Asian Market 9](#the-asian-market)

[Prices 10](#prices)

[Section II. Statistical Tables 12](#section-ii.-statistical-tables)

# Section I. Situation and Outlook

## Production

Overall citrus production in CY 2005 is forecast to remain at 2.4
million MT. While the dry spring has damaged part of the crop, it is
expected that good quality fruit will be a positive side effect.

Lemon production in CY 2005 is forecast at 1.1 million MT. Potential
lemon production is estimated at 1.4 million MT, but a very dry October,
just at blossom time, caused much fruit loss. Rain, however, came in
November and now sources in the industry think that some plantations
will recover. However, the damage provoked by the drought can not be
reversed. Production of grapefruits, oranges and tangerines in CY 2005
is expected to decline between four and five percent compared with CY
2004 (see table below).

A three per cent drop in total citrus production has been estimated for
CY 2004 with respect to CY 2003 due to unfavorable weather conditions in
north central Argentina.

Tangerine and orange production in CY 2004, however, is reported to have
increased about 10 per cent since the Northeastern region, where most of
oranges and tangerines plantations are, did not undergo any negative
climatic event. Lemon production in the Province of Tucuman, the main
production area, suffered a decrease of nearly 12 per cent due to the
effect of the drought in early summer. Grapefruit production was the
most affected with a fall of 14 per cent in CY 2004.

Table 1. Production

+-------------------+------------------+--------------+---------------+
| Ttootot           | **Total Citrus   |              |               |
|                   | Production       |              |               |
|                   | (Metric Tons)**  |              |               |
+-------------------+------------------+--------------+---------------+
| **Species**       | **2003**         | **2004**     | **2005\***    |
+-------------------+------------------+--------------+---------------+
| ####### Lemon     | 1,200,000        | 1,050,000    | 1,100,000     |
+-------------------+------------------+--------------+---------------+
| **Tangerines**    | 380,000          | 420,000      | 400,000       |
+-------------------+------------------+--------------+---------------+
| **Oranges**       | 700,000          | 770,000      | 750,000       |
+-------------------+------------------+--------------+---------------+
| **Grapefruits**   | 185,000          | 160,000      | 150,000       |
+-------------------+------------------+--------------+---------------+
| **Grand total**   | 2,465,000        | 2,400,000    | 2,400,000     |
+-------------------+------------------+--------------+---------------+

\*FAS Forecast

## 

## Production Regions

The main production areas in Argentina are: northwestern Argentina (NOA)
and northeastern Argentina (NEA).

The NEA covers the provinces of Entre Rios, Corrientes and Misiones, and
mainly produces oranges and tangerines. In CY 2004, there were no
extreme climatic events in that region that affected citrus production:
drought was not an issue here as it was in the northern regions. This is
the oldest citrus production area in Argentina and it experienced its
mjost productive period in the 1970's. Production units are spread about
in many small orchards. Orchards are generally old, and production
techniques have evolved little since the 1970s, compared with the new
plantations in the NOA.

The NOA encompasses mainly the provinces of Tucuman, Jujuy and Salta.
Tucuman is specialized in lemon production accounting for the 90 per
cent of the total Argentina production. Tucuman's annual rainfall regime
is 80 inches, concentrated from October through April. In 2004, rains
did not occur until late January. The lack of spring precipitation
caused severe damages to lemon yields. However a timely rain which
occurred in November 2004, will partially compensate the loss in yield
via the larger size of the fruit.

Orange and grapefruit production is mainly located in the provinces of
Jujuy and Salta, close to the Bolivian border. Oranges from the NOA
arrive in Europe at the beginning of July, and face their first
competition in August, when oranges from South Africa just begin to
reach European ports. In CY 2004, South African oranges failed to reach
Europe due to production problems and the Argentine exporters extended
their shipments.

![](media/image2.png)

+-----------------------------------------------------------------------+
| ![](media/image3.png){width="0.9472222222222222in"                    |
| height="0.2916666666666667in"}\                                       |
| NOA: Provincies of Jujuy, Salta, Tucumán and Catamarca.               |
|                                                                       |
| ![](media/image4.png){width="0.9472222222222222in"                    |
| height="0.2916666666666667in"}\                                       |
| NEA: Provinces of Misiones, Corrientes, Entre Ríos and NE and the     |
| Province of Buenos Aires                                              |
+-----------------------------------------------------------------------+

## 

## 

## Domestic Consumption

Table 2. Domestic consumption in kilogram (Kg.)/Capita/Year

  ------------------- ----------------- ----------------- -----------------
  **Species**         **2001**          **2002**          **2003**

  **Lemon**           2.66              1.93              1.481

  **Tangerines**      9.31              9.18              6.62

  **Oranges**         14.33             11.77             11.34

  **Grapefruit**      1.83              1.98              0.85

  **Total**           28.13             24.86             20.29
  ------------------- ----------------- ----------------- -----------------

Source: Argentine Citrus Federation (FEDERCITRUS)

## 

##  

## Trade

Citrus exports in CY 2004 are estimated at 540,000 MT a record high for
this sector due to increases in orange exports and to a lesser degree,
tangerines exports.

Exports of citrus from Jan-Aug CY 2004 reached 480,000 MT valued at
\$190 million, seven and 11 per cent higher than in the same period in
CY 2003, respectively, due to increases in oranges and tangerines
exports. These numbers represent a record high for Argentine citrus
exports.

Orange exports in the period Jan-Aug 2004 were 88,000 MT valued at \$28
million, compared with the 57,000 MT and \$17 million of CY 2003, this
is only comparable to CY 2001 where in the same period, exports reached
89,000 MT valued at \$35 million. In CY 2001 the exports of oranges were
at the record high of 107,000 MT valued at \$41 million. Falling CY 2004
production in South Africa due to drought and extreme heat pushed
Argentine exports up as it occurred back in CY 2001.

The European Union (EU) is still the largest market for the Argentine
oranges, and sales for CY 2004 increased 20 per cent (12,000 MT more
than in CY 2003). However, the upsurge in purchases from Russia, which
alone increased its purchases by 14,000 MT in the first eight months of
CY 2004, have heavily influenced total exports of oranges. Tangerines
exports also reached a record high for the period Jan-Aug with a total
volume of 60,000 MT at \$30 million against 40,000 MT and \$18 million
achieved in the same period in CY 2003.

Grapefruit exports in CY 2004 remained at the same level as previous
years at 30,000 MT valued at \$11 million. Lemon exports in the first
eight months of CY 2004 reached were 302,000 MT valued \$121 million
compared to 319,000 MT achieved in the same period in CY 2003 valued at
\$123 million.

Total citrus exports for CY 2003 were 485,000 MT, a 13.5 percent
increase with respect to citrus exports of 419,000 MT shipped in 2002.
Total citrus exports values accounted for \$181 million in 2003, 29
percent more than that achieved in CY 2002. This increase was due to the
higher international prices attained in CY 2003 for tangerines, oranges
and grapefruit.

The EU continued to be the main market for Argentine citrus, accounting
for 76 per cent of the total exports of CY 2003 or 372,000 MT. The
Russian Federation followed with 15.5 per cent, 75,000 MT. In 2002,
total Argentine citrus exported to Europe accounted for 300,000 MT while
the Russian Federation purchased 64,000 MT.

Table 3. Export volumes and values

+---------------------------------+-------+--------+--------+--------+
| **Lemons**                      |       |        |        |        |
+---------------------------------+-------+--------+--------+--------+
| Partner Country                 | 2002  |        | 2003   |        |
+---------------------------------+-------+--------+--------+--------+
|                                 | Value | Volume | Value  | Volume |
|                                 |       |        |        |        |
|                                 | USD   | MT     | USD    | MT     |
+---------------------------------+-------+--------+--------+--------+
| World                           | 87,30 | 2      | 130,7  | 3      |
|                                 | 7,766 | 67,714 | 92,708 | 36,815 |
+---------------------------------+-------+--------+--------+--------+
| Russian Federation              | 16,97 | 53,009 | 22,7   | 61,227 |
|                                 | 4,353 |        | 71,626 |        |
+---------------------------------+-------+--------+--------+--------+
| Spain                           | 12,23 | 36,176 | 22,4   | 56,074 |
|                                 | 5,125 |        | 18,730 |        |
+---------------------------------+-------+--------+--------+--------+
| Netherlands                     | 10,96 | 35,679 | 20,4   | 55,137 |
|                                 | 7,335 |        | 88,180 |        |
+---------------------------------+-------+--------+--------+--------+
| Italy                           | 10,45 | 33,602 | 19,0   | 50,027 |
|                                 | 8,520 |        | 08,613 |        |
+---------------------------------+-------+--------+--------+--------+
| Greece                          | 9,79  | 30,196 | 14,5   | 33,293 |
|                                 | 5,725 |        | 29,365 |        |
+---------------------------------+-------+--------+--------+--------+
| Belgium                         | 8,11  | 23,029 | 6,7    | 16,139 |
|                                 | 1,393 |        | 36,676 |        |
+---------------------------------+-------+--------+--------+--------+
| Poland                          | 4,96  | 15,736 | 6,0    | 17,518 |
|                                 | 6,012 |        | 63,682 |        |
+---------------------------------+-------+--------+--------+--------+
| United Kingdom                  | 2,89  | 7,811  | 5,0    | 11,188 |
|                                 | 1,056 |        | 56,518 |        |
+---------------------------------+-------+--------+--------+--------+
| Canada                          | 5,18  | 14,874 | 3,8    | 10,177 |
|                                 | 3,907 |        | 50,349 |        |
+---------------------------------+-------+--------+--------+--------+
| Ukraine                         | 1,66  | 5,476  | 3,2    | 8,803  |
|                                 | 9,552 |        | 60,097 |        |
+---------------------------------+-------+--------+--------+--------+
| Hong Kong                       | 2,02  | 5,098  | 1,6    | 3,926  |
|                                 | 5,545 |        | 55,438 |        |
+---------------------------------+-------+--------+--------+--------+
| Romania                         | 0     | 0      | 1,0    | 3,118  |
|                                 |       |        | 24,591 |        |
+---------------------------------+-------+--------+--------+--------+
| France                          | 91    | 3,516  | 8      | 2,363  |
|                                 | 7,923 |        | 61,683 |        |
+---------------------------------+-------+--------+--------+--------+
| Slovenia                        | 0     | 0      | 5      | 1,903  |
|                                 |       |        | 94,215 |        |
+---------------------------------+-------+--------+--------+--------+
| Others                          | 1,11  | 3,511  | 2,4    | 5,924  |
|                                 | 1,320 |        | 72,945 |        |
+---------------------------------+-------+--------+--------+--------+

  ---------------- ------------ --------- ------------ --------- ------------ ----------
  **Oranges**                                                                 

  Partner Country  2001                   2002                   2003         

                   USD          Volume    USD          Volume    USD          Volume

  World            40,710,971   107,402   17,590,656   84,825    22,481,500   78,134

  Spain            13,787,777   37,565    3,630,968    16,587    7,110,452    23,411

  Netherlands      5,716,806    16,467    4,324,783    18,146    5,000,818    19,134

  Belgium          5,687,191    11,087    4,068,882    12,737    3,465,527    10,502

  Russian          5,507,783    13,899    1,149,391    3,936     2,263,766    6,909
  Federation                                                                  

  Poland           877,632      2,260     139,997      481       790,257      3,577

  Italy            1,858,811    4,397     363,961      1,212     777,241      2,569

  Portugal         400,860      998       61,000       229       594,582      1,744

  United Kingdom   1,099,774    3,709     757,496      6,406     578,766      3,916

  Ukraine          607,731      1,425     538,340      1,642     463,316      1,359

  Romania          0            0         0            0         329,950      1,100

  Canada           1,507,342    3,276     708,715      2,150     292,736      847

  Sweden           250          1         250,848      2,315     195,332      1,251

  Greece           1,619,139    4,258     586,298      2,061     194,692      435

  Czech Republic   0            0         12,672       48        150,960      497

  France           1,079,032    3,010     531,286      1,997     127,304      418

  Yugoslavia       590,611      1,400     66,360       204       47,914       134

  Others           81.051.710   211,153   34,781,653   154,973   44,865,113   155,936
  ---------------- ------------ --------- ------------ --------- ------------ ----------

  ---------------- ------------ ------------ ------------ ------------ ------------ ------------
  **Tangerines**                                                                    

  Partner Country  2001                      2002                      2003         

                   USD          Volume       USD          Volume       USD          Volume

  World            22,530,001   36,704,530   17,633,137   46,048,735   19,000,224   42,927,205

  Netherlands      7,212,293    12,541,104   6,627,916    16,949,493   7,431,205    16,180,541

  Russian          2,420,581    3,963,596    1,949,080    4,839,336    2,719,191    5,596,299
  Federation                                                                        

  United Kingdom   4,948,148    8,199,234    3,570,979    9,055,217    2,187,966    5,645,126

  Philippines      1,164,339    1,936,680    788,316      2,293,956    1,491,057    4,144,600

  Canada           2,834,076    4,022,295    1,251,871    3,104,770    1,165,332    2,421,741

  Belgium          956,784      1,230,618    1,095,652    2,617,276    607,986      1,283,590

  Poland           741,345      1,233,692    195,456      515,720      508,340      1,038,688

  Spain            490,883      810,505      404,879      1,484,919    491,222      1,074,898

  Hong Kong        444,123      578,786      532,163      1,319,000    373,903      808,100

  Portugal         45,572       75,420       128,192      378,160      298,253      703,040

  Indonesia        260,113      368,960      141,786      355,967      245,724      532,160

  Malaysia         108,124      186,880      142,550      353,360      190,576      441,144

  Italy            170,974      310,832      71,940       165,744      184,069      495,668

  United Arab      181,428      277,680      83,120       249,600      180,593      420,400
  Emirates                                                                          

  Saudi Arabia     189,730      260,560      74,798       195,760      178,590      416,800

  Ukraine          0            0            184,368      463,392      129,835      290,400

  Romania          0            0            0            0            115,248      271,600

  Singapore        60,480       103,680      157,039      384,402      112,940      272,800

  Czech Republic   11,200       22,400       66,080       134,400      89,752       221,320

  Others           289,808      581,608      166,952      1,188,263    298,442      668,290
  ---------------- ------------ ------------ ------------ ------------ ------------ ------------

  ---------------- ----------- -------- ----------- -------- ----------- ----------
  **Grapefruit**                                                         

  Partner Country  2001                 2002                 2003        

                   USD         Volume   USD         Volume   USD         Volume

  World            9,780,441   23,993   6,349,243   22,891   9,212,373   29,183

  Belgium          4,538,186   10,728   3,769,945   12,856   5,414,892   16,928

  Netherlands      1,519,188   4,518    847,611     3,273    1,157,313   3,988

  Spain            565,976     1,446    436,789     2,038    788,042     2,502

  Russian          268,799     699      534,705     1,859    505,228     1,392
  Federation                                                             

  Romania          0           0        0           0        371,910     1,409

  Italy            459,370     1,073    132,627     455      250,769     777

  Poland           139,628     353      27,702      101      205,951     612

  Greece           187,406     446      144,922     578      137,190     430

  Ukraine          0           0        66,344      237      131,425     393

  United Kingdom   417,737     1,055    121,051     384      125,290     343

  France           445,880     1,003    80,364      321      53,700      178

  Slovenia         0           0        0           0        32,836      104

  United States    619,848     1,286    0           0        0           0

  Others           618,423     1,385    187,183     789      37,827      127
  ---------------- ----------- -------- ----------- -------- ----------- ----------

Source: Global Trade Atlas (GTA)

Citrus imports in CY 2003 totaled 3,700 MT valued at \$800,000 a little
bit more that the 1,300 MT imported in CY 2002 at \$640,000 but far from
the 13,000 MT at \$7 million imported in CY 2001. The total CIF price
fell in CY 2003 to \$220 per MT compared with the \$480 and \$540 paid
in CY 2002 and CY 2001 respectively. In the first eight months of CY
2004 citrus imports reached 2,000 MT valued at \$460,000 price was \$230
per MT.

Table 4. Export and Import requirements

  ------------------------------------------------------- ---------------
  **Citrus**                                              

  **Import tariff Outside the Mercosur Area (%)**         10.00

  **Import tariff Inside the Mercosur Area (%)**          0.00

  **Export tax (%)**                                      5.00

  **Statistical tax (%)**                                 0.50

  **Rebate Cases containing more than 20 Kg (%)**         2.70

  **Rebate Cases containing 16 to 20 Kg (%)**             4.05

  **Rebate Cases containing 16 Kg or less (%)**           5.00
  ------------------------------------------------------- ---------------

## 

## Factors Affecting Industry Structure

### Phytosanitary Issues

On November 11, 2003, the Spanish Ministry of Agriculture decided to
interrupt imports of Argentine citrus based on findings of the citrus
disease --black spot, on shipments of Argentine citrus. All the
shipments affected were rejected, and a ban on all citrus from Argentina
was imposed immediately. As a result, Spain issued an emergency
directive, which allowed for the exclusion of Argentine citrus due to
the risk of black spot as well as citrus canker and citrus scab, three
diseases that do not exist in the EU. On April 29, 2004, the EU passed a
new rule that allowed for the strengthening of the control measures
applied to all citrus from Argentina and Brazil in order to protect its
agriculture from the three diseases. Sources in the industry informed
that this new rule as applied by the Argentine Plant Protection and Food
Safety Agency (SENASA) has already excluded some of the largest citrus
producers/exporters of Argentina. On August 27, 2004 the EU's audit on
the Argentine phytosanitary system ended successfully. However one week
later on September 8, SENASA was notified by its Spanish counterpart
that a 126 MT shipment with lemons and oranges from Salta Province
(Northern Argentina) had been detained due to findings of black spot.
According to sources in the industry, the tractability imposed by
Argentina was a success in CY 2004. Compared with other exporter
countries from the Southern Hemisphere, the four rejected shipments that
the Argentine citrus shipments undergone in CY 2004 in the European
Union (75% in Spain) represent very little. Also compared with the 30
rejected shipments in CY 2003, CY 2004 looks very good.

### Certified Plantations and Products

In CY 2004, the lower number of rejected shipments by the EU is due,
according to sources in the industry, to the result of the excellent
surveillance system imposed by the SENASA. The Citrus Health Program
includes two components, the Citrus Certification Program for the NEA
and the Citrus Certification Program for the NOA. In both programs,
farmers must be registered with SENASA. In order to be registered, farms
must claim to be free of citrus canker and black spot and be willing to
receive audits from SENASA, whos technicians certify the plantations. At
a later stage, all the harvested fruit receive a preventive treatment at
the packing house. Before leaving for the port of export, SENASA's
inspectors make sure that the fruits are free of symptoms of the
diseases. SENASA is also present at the different ports of departure
where inspectors check the fruit for diseases. All these control
measures are supported by a very sophisticated traceability system.

### The Impact of a Larger European Union II

Although citrus consumption in the new EU members is now only half that
in the old EU, (11 Kg. Vs. 22 Kg.), it is probable that citrus
consumption in the new member states will slowly match the current old
European levels. So, with 75 million new people, the new European Union
members are expected to increase their citrus consumption by 825,000 MT
per year. This will inevitably benefit citrus exporters such as
Argentina. Despite the latter, sources in the industry believe that this
beneficial impact on the Argentine citrus exports will only be noted in
the long term (20 years) or more since the lower GDP in the new member
states will take that period of time to catch up the old EU. The same
sources asserted that there would be a larger effect on exports of
tangerines and oranges than on grapefruits and lemons.

### The Asian Market

On November 16 2004, the Presidents of China and Argentina, wrapped up a
phytosanitary protocol that will allow for the initial tests and audits
to start with the CY 2005 exports of oranges, tangerines and grapefruits
to the China. Sources in the industry informed that lemons were not
included in the protocol because of China's requirement of cold
treatment. This special requirement models the Japanese protocol that
intends to eliminate fruit fly from the lemon shipments. The
above-mentioned protocol establishes that only six ports of entry may be
used and those are ports located above Shanghai in Northern China.
Therefore, the agreement leaves Hong Kong out of the potential markets.
According to sources in the industry, only oranges and tangerines can be
exported to China per terms of the agreement. Due to the lack of
knowledge of this market it is difficult to forecast the potential size
at this moment.

In the past two years, lemon exports to Japan have undergone losses as a
result of the 19-21 days that the shipments have to be subjected to 32
degrees. According to sources in the industry the all-30 containers
exported in CY 2003 arrived in Japan in bad conditions. Argentina is
thinking to undertake a new approach in order to prove, through
research, that lemon is not a fruit fly host. Therefore, it will take
some years to convince Japan and its followers in Southeastern Asia that
cold treatment intended to kill fruit fly is not necessary in lemons.
Chile and the U.S. already accept it.

##  

## Prices

Table 5. Wholesale domestic prices in Argentine US dollars per kilo

+-------------+-------------+-------------+-------------+-------------+
| #           | **CY 2001** | **CY 2002** | **CY 2003** | **CY 2004** |
| ##### Lemon |             |             |             |             |
+-------------+-------------+-------------+-------------+-------------+
| ####        | \$0.31      | \$0.32      | \$0.16      | \$0.18      |
| ### January |             |             |             |             |
+-------------+-------------+-------------+-------------+-------------+
| *           | \$0.36      | \$0.23      | \$0.21      | \$0.24      |
| *February** |             |             |             |             |
+-------------+-------------+-------------+-------------+-------------+
| **March**   | \$0.36      | \$0.15      | \$0.22      | \$0.36      |
+-------------+-------------+-------------+-------------+-------------+
| **April**   | \$0.34      | \$0.11      | \$0.17      | \$0.41      |
+-------------+-------------+-------------+-------------+-------------+
| **May**     | \$0.29      | \$0.09      | \$0.15      | \$0.21      |
+-------------+-------------+-------------+-------------+-------------+
| **June**    | \$0.25      | \$0.08      | \$0.13      | \$0.17      |
+-------------+-------------+-------------+-------------+-------------+
| **July**    | \$0.24      | \$0.08      | \$0.13      | \$0.14      |
+-------------+-------------+-------------+-------------+-------------+
| **August**  | \$0.23      | \$0.08      | \$0.12      | \$0.15      |
+-------------+-------------+-------------+-------------+-------------+
| **          | \$0.23      | \$0.08      | \$0.13      | \$0.15      |
| September** |             |             |             |             |
+-------------+-------------+-------------+-------------+-------------+
| **October** | \$0.22      | \$0.11      | \$0.14      |             |
+-------------+-------------+-------------+-------------+-------------+
| *           | \$0.22      | \$0.13      | \$0.15      |             |
| *November** |             |             |             |             |
+-------------+-------------+-------------+-------------+-------------+
| *           | \$0.27      | \$0.14      | \$0.25      |             |
| *December** |             |             |             |             |
+-------------+-------------+-------------+-------------+-------------+
| **Average** | \$0.28      | \$0.13      | \$0.16      | \$0.22      |
+-------------+-------------+-------------+-------------+-------------+
| ###         | **CY 2001** | **CY 2002** | **CY 2003** | **CY 2004** |
| ### Oranges |             |             |             |             |
+-------------+-------------+-------------+-------------+-------------+
| ####        | \$0.28      | \$0.12      | \$0.18      | \$0.29      |
| ### January |             |             |             |             |
+-------------+-------------+-------------+-------------+-------------+
| *           | \$0.24      | \$0.09      | \$0.26      | \$0.30      |
| *February** |             |             |             |             |
+-------------+-------------+-------------+-------------+-------------+
| **March**   | \$0.27      | \$0.13      | \$0.25      | \$0.21      |
+-------------+-------------+-------------+-------------+-------------+
| **April**   | \$0.27      | \$0.10      | \$0.25      | \$0.16      |
+-------------+-------------+-------------+-------------+-------------+
| **May**     | \$0.33      | \$0.09      | \$0.21      | \$0.14      |
+-------------+-------------+-------------+-------------+-------------+
| **June**    | \$0.27      | \$0.10      | \$0.16      | \$0.13      |
+-------------+-------------+-------------+-------------+-------------+
| **July**    | \$0.22      | \$0.09      | \$0.16      | \$0.12      |
+-------------+-------------+-------------+-------------+-------------+
| **August**  | \$0.21      | \$0.08      | \$0.14      | \$0.14      |
+-------------+-------------+-------------+-------------+-------------+
| **          | \$0.20      | \$0.09      | \$0.15      | \$0.17      |
| September** |             |             |             |             |
+-------------+-------------+-------------+-------------+-------------+
| **October** | \$0.21      | \$0.11      | \$0.13      |             |
+-------------+-------------+-------------+-------------+-------------+
| *           | \$0.18      | \$0.15      | \$0.18      |             |
| *November** |             |             |             |             |
+-------------+-------------+-------------+-------------+-------------+
| *           | \$0.19      | \$0.20      | \$0.17      |             |
| *December** |             |             |             |             |
+-------------+-------------+-------------+-------------+-------------+
| **Average** | \$0.24      | \$0.11      | \$0.19      | \$0.18      |
+-------------+-------------+-------------+-------------+-------------+
| ######      | **CY 2001** | **CY 2002** | **CY 2003** | **CY 2004** |
|  Tangerines |             |             |             |             |
+-------------+-------------+-------------+-------------+-------------+
| ####        | \$0.28      | \$0.21      | \$0.21      | \$0.25      |
| ### January |             |             |             |             |
+-------------+-------------+-------------+-------------+-------------+
| *           | \$0.38      | \$0.19      | \$0.18      | \$0.22      |
| *February** |             |             |             |             |
+-------------+-------------+-------------+-------------+-------------+
| **March**   | \$0.33      | \$0.11      | \$0.20      | \$0.22      |
+-------------+-------------+-------------+-------------+-------------+
| **April**   | \$0.25      | \$0.08      | \$0.16      | \$0.24      |
+-------------+-------------+-------------+-------------+-------------+
| **May**     | \$0.24      | \$0.10      | \$0.14      | \$0.19      |
+-------------+-------------+-------------+-------------+-------------+
| **June**    | \$0.20      | \$0.10      | \$0.11      | \$0.16      |
+-------------+-------------+-------------+-------------+-------------+
| **July**    | \$0.19      | \$0.10      | \$0.10      | \$0.15      |
+-------------+-------------+-------------+-------------+-------------+
| **August**  | \$0.21      | \$0.09      | \$0.10      | \$0.15      |
+-------------+-------------+-------------+-------------+-------------+
| **          | \$0.21      | \$0.10      | \$0.13      | \$0.16      |
| September** |             |             |             |             |
+-------------+-------------+-------------+-------------+-------------+
| **October** | \$0.19      | \$0.11      | \$0.14      |             |
+-------------+-------------+-------------+-------------+-------------+
| *           | \$0.22      | \$0.14      | \$0.16      |             |
| *November** |             |             |             |             |
+-------------+-------------+-------------+-------------+-------------+
| *           | \$0.29      | \$0.19      | \$0.25      |             |
| *December** |             |             |             |             |
+-------------+-------------+-------------+-------------+-------------+
| **Average** | \$0.25      | \$0.13      | \$0.16      | \$0.19      |
+-------------+-------------+-------------+-------------+-------------+

+-------------+-------------+-------------+-------------+-------------+
| ######      | **CY 2001** | **CY 2002** | **CY 2003** | **CY 2004** |
|  Grapefruit |             |             |             |             |
+-------------+-------------+-------------+-------------+-------------+
| ####        | \$0.37      | \$0.14      | \$0.28      | \$0.41      |
| ### January |             |             |             |             |
+-------------+-------------+-------------+-------------+-------------+
| *           | \$0.37      | \$0.13      | \$0.39      | \$0.43      |
| *February** |             |             |             |             |
+-------------+-------------+-------------+-------------+-------------+
| **March**   | \$0.31      | \$0.15      | \$0.19      | \$0.45      |
+-------------+-------------+-------------+-------------+-------------+
| **April**   | \$0.24      | \$0.10      | \$0.17      | \$0.31      |
+-------------+-------------+-------------+-------------+-------------+
| **May**     | \$0.24      | \$0.10      | \$0.15      | \$0.19      |
+-------------+-------------+-------------+-------------+-------------+
| **June**    | \$0.27      | \$0.10      | \$0.14      | \$0.15      |
+-------------+-------------+-------------+-------------+-------------+
| **July**    | \$0.25      | \$0.10      | \$0.14      | \$0.14      |
+-------------+-------------+-------------+-------------+-------------+
| **August**  | \$0.24      | \$0.09      | \$0.14      | \$0.19      |
+-------------+-------------+-------------+-------------+-------------+
| **          | \$0.25      | \$0.10      | \$0.14      | \$0.21      |
| September** |             |             |             |             |
+-------------+-------------+-------------+-------------+-------------+
| **October** | \$0.22      | \$0.11      | \$0.14      |             |
+-------------+-------------+-------------+-------------+-------------+
| *           | \$0.20      | \$0.15      | \$0.17      |             |
| *November** |             |             |             |             |
+-------------+-------------+-------------+-------------+-------------+
| *           | \$0.21      | \$0.19      | \$0.39      |             |
| *December** |             |             |             |             |
+-------------+-------------+-------------+-------------+-------------+
| **Average** | \$0.26      | \$0.12      | \$0.20      | \$0.28      |
+-------------+-------------+-------------+-------------+-------------+

Source: Buenos Aires Central Market

Table 6: Retail domestic prices in U.S. dollars per Kilo

+------------+--------+---------+--------+--------+---------+--------+
|            | **Le   |         |        | **Or   |         |        |
|            | mons** |         |        | ange** |         |        |
+------------+--------+---------+--------+--------+---------+--------+
| **Months** | **     | *       | **     | **     | *       | **     |
|            | 2002** | *2003** | 2004** | 2002** | *2003** | 2004** |
+------------+--------+---------+--------+--------+---------+--------+
| #####      | \$0.64 | \$0.36  | \$0.54 | \$0.28 | \$0.36  | \$0.40 |
| ## January |        |         |        |        |         |        |
+------------+--------+---------+--------+--------+---------+--------+
| **         | \$0.57 | \$0.45  | \$0.47 | \$0.25 | \$0.43  | \$0.49 |
| February** |        |         |        |        |         |        |
+------------+--------+---------+--------+--------+---------+--------+
| **March**  | \$0.34 | \$0.49  | \$0.48 | \$0.22 | \$0.48  | \$0.62 |
+------------+--------+---------+--------+--------+---------+--------+
| **April**  | \$0.32 | \$0.43  | \$0.49 | \$0.25 | \$0.44  | \$0.64 |
+------------+--------+---------+--------+--------+---------+--------+
| **May**    | \$0.25 | \$0.38  | \$0.45 | \$0.22 | \$0.37  | \$0.43 |
+------------+--------+---------+--------+--------+---------+--------+
| **June**   | \$0.22 | \$0.34  | \$0.40 | \$0.19 | \$0.31  | \$0.33 |
+------------+--------+---------+--------+--------+---------+--------+
| **July**   | \$0.22 | \$0.32  | \$0.36 | \$0.19 | \$0.28  | \$0.30 |
+------------+--------+---------+--------+--------+---------+--------+
| **August** | \$0.22 | \$0.31  | \$0.38 | \$0.18 | \$0.27  | \$0.28 |
+------------+--------+---------+--------+--------+---------+--------+
| **S        | \$0.20 | \$0.32  | \$0.35 | \$0.17 | \$0.29  | \$0.29 |
| eptember** |        |         |        |        |         |        |
+------------+--------+---------+--------+--------+---------+--------+
| *          | \$0.25 | \$0.47  |        | \$0.20 | \$0.33  |        |
| *October** |        |         |        |        |         |        |
+------------+--------+---------+--------+--------+---------+--------+
| **         | \$0.28 | \$0.54  |        | \$0.22 | \$0.34  |        |
| November** |        |         |        |        |         |        |
+------------+--------+---------+--------+--------+---------+--------+
| **         | \$0.30 | \$0.54  |        | \$0.30 | \$0.35  |        |
| December** |        |         |        |        |         |        |
+------------+--------+---------+--------+--------+---------+--------+
| *          | \$0.32 | \$0.41  | \$0.44 | \$0.22 | \$0.35  | \$0.42 |
| *Average** |        |         |        |        |         |        |
+------------+--------+---------+--------+--------+---------+--------+

Source: The National Institute for Statistics and Census (INDEC)

Table 7. FOB Prices in U.S. Dollars

+-------------+------------+--------------+-------------+-------------+
| **Average   |            |              |             |             |
| FOB         |            |              |             |             |
| Prices**    |            |              |             |             |
+-------------+------------+--------------+-------------+-------------+
| ####        | 2001       | 2002         | 2003        | Aug - 2004  |
| ### Species |            |              |             |             |
+-------------+------------+--------------+-------------+-------------+
| **Citrus**  | \$440      | \$310        | \$370       | \$400       |
+-------------+------------+--------------+-------------+-------------+
| **Lemons**  | N/A        | \$330        | \$390       | \$400       |
+-------------+------------+--------------+-------------+-------------+
| **T         | \$610      | \$380        | \$440       | \$490       |
| angerines** |            |              |             |             |
+-------------+------------+--------------+-------------+-------------+
| **Oranges** | \$380      | \$210        | \$290       | \$320       |
+-------------+------------+--------------+-------------+-------------+
| **Gr        | \$410      | \$280        | \$320       | \$360       |
| apefruits** |            |              |             |             |
+-------------+------------+--------------+-------------+-------------+

# Section II. Statistical Tables

+----------------+------+-------+------+-------+------+------+--------+
| PSD Table      |      |       |      |       |      |      |        |
+----------------+------+-------+------+-------+------+------+--------+
| ####### Countr | A    |       |      |       |      |      |        |
| y {#country-1} | rgen |       |      |       |      |      |        |
|                | tina |       |      |       |      |      |        |
+----------------+------+-------+------+-------+------+------+--------+
| **Commodity**  | *    |       |      |       | (HE  |      |        |
|                | *Lem |       |      |       | CTAR |      |        |
|                | ons, |       |      |       | ES)( |      |        |
|                | Fre  |       |      |       | 1000 |      |        |
|                | sh** |       |      |       | TRE  |      |        |
|                |      |       |      |       | ES)( |      |        |
|                |      |       |      |       | 1000 |      |        |
|                |      |       |      |       | MT)  |      |        |
+----------------+------+-------+------+-------+------+------+--------+
|                | 2002 | Re    | 2003 | Est   | 2004 | Fore | UOM    |
|                |      | vised |      | imate |      | cast |        |
+----------------+------+-------+------+-------+------+------+--------+
|                | USDA | Post  | USDA | Post  | USDA | Post |        |
|                | Offi | Est   | Offi | Est   | Offi | Esti |        |
|                | cial | imate | cial | imate | cial | mate |        |
|                | \[O  | \[    | \[O  | \[    | \[O  | \[N  |        |
|                | ld\] | New\] | ld\] | New\] | ld\] | ew\] |        |
+----------------+------+-------+------+-------+------+------+--------+
| **Market Year  |      | 01    |      | 01    |      | 01/  | M      |
| Begin**        |      | /2003 |      | /2004 |      | 2005 | M/YYYY |
+----------------+------+-------+------+-------+------+------+--------+
| **Area         | 4    | 45200 | 4    | 45200 | 0    | 4    | (HEC   |
| Planted**      | 4100 |       | 4100 |       |      | 6000 | TARES) |
+----------------+------+-------+------+-------+------+------+--------+
| **Area         | 4    | 44000 | 4    | 44000 | 0    | 4    | (HEC   |
| Harvested**    | 2000 |       | 2000 |       |      | 5000 | TARES) |
+----------------+------+-------+------+-------+------+------+--------+
| **Bearing      | 9200 | 11000 | 9200 | 11000 | 0    | 1    | (1000  |
| Trees**        |      |       |      |       |      | 1000 | TREES) |
+----------------+------+-------+------+-------+------+------+--------+
| **Non-Bearing  | 2700 | 1000  | 2700 | 1000  | 0    | 1000 | (1000  |
| Trees**        |      |       |      |       |      |      | TREES) |
+----------------+------+-------+------+-------+------+------+--------+
| **TOTAL No. Of | 1    | 12000 | 1    | 12000 | 0    | 1    | (1000  |
| Trees**        | 1900 |       | 1900 |       |      | 2000 | TREES) |
+----------------+------+-------+------+-------+------+------+--------+
| **Production** | 1050 | 1200  | 950  | 1050  | 0    | 1100 | (1000  |
|                |      |       |      |       |      |      | MT)    |
+----------------+------+-------+------+-------+------+------+--------+
| **Imports**    | 0    | 0     | 0    | 0     | 0    | 0    | (1000  |
|                |      |       |      |       |      |      | MT)    |
+----------------+------+-------+------+-------+------+------+--------+
| **TOTAL        | 1050 | 1200  | 950  | 1050  | 0    | 1100 | (1000  |
| SUPPLY**       |      |       |      |       |      |      | MT)    |
+----------------+------+-------+------+-------+------+------+--------+
| #              | 340  | 337   | 300  | 323   | 0    | 330  | (1000  |
| ###### Exports |      |       |      |       |      |      | MT)    |
+----------------+------+-------+------+-------+------+------+--------+
| **Fresh Dom.   | 35   | 53    | 35   | 47    | 0    | 50   | (1000  |
| Consumption**  |      |       |      |       |      |      | MT)    |
+----------------+------+-------+------+-------+------+------+--------+
| **Processing** | 675  | 810   | 615  | 680   | 0    | 720  | (1000  |
|                |      |       |      |       |      |      | MT)    |
+----------------+------+-------+------+-------+------+------+--------+
| **TOTAL        | 1050 | 1200  | 950  | 1050  | 0    | 1100 | (1000  |
| DISTRIBUTION** |      |       |      |       |      |      | MT)    |
+----------------+------+-------+------+-------+------+------+--------+

+-------------------------+--------------+--------------+--------------+
| ######## Prices Table   |              |              |              |
+-------------------------+--------------+--------------+--------------+
| **Country**             | *            |              |              |
|                         | *Argentina** |              |              |
+-------------------------+--------------+--------------+--------------+
| **Commodity**           | **Fresh      |              |              |
|                         | Lemons**     |              |              |
+-------------------------+--------------+--------------+--------------+
| **Prices in**           | **US\$ FOB** | **per uom**  | **MT**       |
+-------------------------+--------------+--------------+--------------+
|                         |              |              |              |
+-------------------------+--------------+--------------+--------------+
| **Year**                | **2003**     | **2004**     | **% Change** |
+-------------------------+--------------+--------------+--------------+
| ####### Jan             | 0            | 300          |              |
+-------------------------+--------------+--------------+--------------+
| **Feb**                 | 0            | 590          |              |
+-------------------------+--------------+--------------+--------------+
| **Mar**                 | 350          | 410          | 17%          |
+-------------------------+--------------+--------------+--------------+
| **Apr**                 | 420          | 400          | -7%          |
+-------------------------+--------------+--------------+--------------+
| **May**                 | 390          | 410          | 5%           |
+-------------------------+--------------+--------------+--------------+
| **Jun**                 | 380          | 400          | 5%           |
+-------------------------+--------------+--------------+--------------+
| **Jul**                 | 380          | 410          | 8%           |
+-------------------------+--------------+--------------+--------------+
| **Aug**                 | 390          | 400          | 3%           |
+-------------------------+--------------+--------------+--------------+
| **Sep**                 | 390          |              | -100%        |
+-------------------------+--------------+--------------+--------------+
| **Oct**                 | 420          |              | -100%        |
+-------------------------+--------------+--------------+--------------+
| **Nov**                 | 0            |              |              |
+-------------------------+--------------+--------------+--------------+
| **Dec**                 | 170          |              | -100%        |
+-------------------------+--------------+--------------+--------------+

+---------------+------+--------+-------+-------+------+------+-------+
| PSD Table     |      |        |       |       |      |      |       |
+---------------+------+--------+-------+-------+------+------+-------+
| ##            | A    |        |       |       |      |      |       |
| ##### Country | rgen |        |       |       |      |      |       |
|  {#country-2} | tina |        |       |       |      |      |       |
+---------------+------+--------+-------+-------+------+------+-------+
| **Commodity** | ###  |        |       |       | (HE  |      |       |
|               | #### |        |       |       | CTAR |      |       |
|               | # Or |        |       |       | ES)( |      |       |
|               | ange |        |       |       | 1000 |      |       |
|               | s, F |        |       |       | TRE  |      |       |
|               | resh |        |       |       | ES)( |      |       |
|               |      |        |       |       | 1000 |      |       |
|               |      |        |       |       | MT)  |      |       |
+---------------+------+--------+-------+-------+------+------+-------+
|               | **20 | **Rev  | **2   | **    | **20 | **Fo | **    |
|               | 02** | ised** | 003** | Estim | 04** | reca | UOM** |
|               |      |        |       | ate** |      | st** |       |
+---------------+------+--------+-------+-------+------+------+-------+
|               | **   | **Post | *     | *     | **   | **   |       |
|               | USDA | Es     | *USDA | *Post | USDA | Post |       |
|               | Offi | timate | Off   | Est   | Offi | Esti |       |
|               | cial | \[N    | icial | imate | cial | mate |       |
|               | \    | ew\]** | \[Ol  | \[Ne  | \    | \    |       |
|               | [Old |        | d\]** | w\]** | [Old | [New |       |
|               | \]** |        |       |       | \]** | \]** |       |
+---------------+------+--------+-------+-------+------+------+-------+
| ####### Mark  |      | 0      |       | 01    |      | 01/  | MM    |
| et Year Begin |      | 1/2003 |       | /2004 |      | 2005 | /YYYY |
+---------------+------+--------+-------+-------+------+------+-------+
| **Area        | 6    | 63000  | 60000 | 60000 | 0    | 6    | (HECT |
| Planted**     | 3000 |        |       |       |      | 0000 | ARES) |
+---------------+------+--------+-------+-------+------+------+-------+
| **Area        | 6    | 60000  | 58000 | 58000 | 0    | 5    | (HECT |
| Harvested**   | 0000 |        |       |       |      | 8000 | ARES) |
+---------------+------+--------+-------+-------+------+------+-------+
| **Bearing     | 2    | 22000  | 20000 | 20000 | 0    | 2    | (1000 |
| Trees**       | 2000 |        |       |       |      | 0000 | T     |
|               |      |        |       |       |      |      | REES) |
+---------------+------+--------+-------+-------+------+------+-------+
| **Non-Bearing | 2200 | 2200   | 3000  | 3000  | 0    | 3000 | (1000 |
| Trees**       |      |        |       |       |      |      | T     |
|               |      |        |       |       |      |      | REES) |
+---------------+------+--------+-------+-------+------+------+-------+
| **TOTAL No.   | 2    | 24200  | 23000 | 23000 | 0    | 2    | (1000 |
| Of Trees**    | 4200 |        |       |       |      | 3000 | T     |
|               |      |        |       |       |      |      | REES) |
+---------------+------+--------+-------+-------+------+------+-------+
| *             | 700  | 700    | 730   | 770   | 0    | 770  | (1000 |
| *Production** |      |        |       |       |      |      | MT)   |
+---------------+------+--------+-------+-------+------+------+-------+
| **Imports**   | 0    | 0      | 0     | 0     | 0    | 0    | (1000 |
|               |      |        |       |       |      |      | MT)   |
+---------------+------+--------+-------+-------+------+------+-------+
| **TOTAL       | 700  | 700    | 730   | 770   | 0    | 770  | (1000 |
| SUPPLY**      |      |        |       |       |      |      | MT)   |
+---------------+------+--------+-------+-------+------+------+-------+
| **Exports**   | 76   | 76     | 80    | 120   | 0    | 90   | (1000 |
|               |      |        |       |       |      |      | MT)   |
+---------------+------+--------+-------+-------+------+------+-------+
| **Fresh Dom.  | 474  | 474    | 490   | 490   | 0    | 500  | (1000 |
| Consumption** |      |        |       |       |      |      | MT)   |
+---------------+------+--------+-------+-------+------+------+-------+
| *             | 150  | 150    | 160   | 160   | 0    | 180  | (1000 |
| *Processing** |      |        |       |       |      |      | MT)   |
+---------------+------+--------+-------+-------+------+------+-------+
| **TOTAL       | 700  | 700    | 730   | 770   | 0    | 770  | (1000 |
| D             |      |        |       |       |      |      | MT)   |
| ISTRIBUTION** |      |        |       |       |      |      |       |
+---------------+------+--------+-------+-------+------+------+-------+

+-----------------+-------------------+-----------------+-------------+
| #######         |                   |                 |             |
| ## Prices Table |                   |                 |             |
+-----------------+-------------------+-----------------+-------------+
| ###### Count    | **Argentina**     |                 |             |
| ry {#country-3} |                   |                 |             |
+-----------------+-------------------+-----------------+-------------+
| **Commodity**   | **Fresh Oranges** |                 |             |
+-----------------+-------------------+-----------------+-------------+
| **Prices in**   | **US\$ FOB**      | **per uom**     | **MT**      |
+-----------------+-------------------+-----------------+-------------+
|                 |                   |                 |             |
+-----------------+-------------------+-----------------+-------------+
| **Year**        | **2003**          | **2004**        | **%         |
|                 |                   |                 | Change**    |
+-----------------+-------------------+-----------------+-------------+
| **Jan**         | 0                 | 0               | 0           |
+-----------------+-------------------+-----------------+-------------+
| **Feb**         | 0                 | 0               | 0           |
+-----------------+-------------------+-----------------+-------------+
| **Mar**         | 0                 | 0               | 0           |
+-----------------+-------------------+-----------------+-------------+
| **Apr**         | 0                 | 0               | 0           |
+-----------------+-------------------+-----------------+-------------+
| **May**         | 360               | 360             | 0           |
+-----------------+-------------------+-----------------+-------------+
| **Jun**         | 330               | 330             | 0           |
+-----------------+-------------------+-----------------+-------------+
| **Jul**         | 300               | 320             | 3%          |
+-----------------+-------------------+-----------------+-------------+
| **Aug**         | 290               | 310             | 7%          |
+-----------------+-------------------+-----------------+-------------+
| **Sep**         | 250               | 0               | 0           |
+-----------------+-------------------+-----------------+-------------+
| **Oct**         | 160               | 0               | 0           |
+-----------------+-------------------+-----------------+-------------+
| **Nov**         | 190               | 0               | 0           |
+-----------------+-------------------+-----------------+-------------+
| **Dec**         | 0                 | 0               | 0           |
+-----------------+-------------------+-----------------+-------------+

+----------------+-------+------+-------+-------+------+------+-------+
| PSD Table      |       |      |       |       |      |      |       |
+----------------+-------+------+-------+-------+------+------+-------+
| ####### Countr | Arge  |      |       |       |      |      |       |
| y {#country-4} | ntina |      |       |       |      |      |       |
+----------------+-------+------+-------+-------+------+------+-------+
| **Commodity**  | **T   |      |       |       | (HE  |      |       |
|                | anger |      |       |       | CTAR |      |       |
|                | ines, |      |       |       | ES)( |      |       |
|                | Fr    |      |       |       | 1000 |      |       |
|                | esh** |      |       |       | TRE  |      |       |
|                |       |      |       |       | ES)( |      |       |
|                |       |      |       |       | 1000 |      |       |
|                |       |      |       |       | MT)  |      |       |
+----------------+-------+------+-------+-------+------+------+-------+
|                | **2   | **R  | **2   | **    | **20 | **Fo | **    |
|                | 002** | evis | 003** | Estim | 04** | reca | UOM** |
|                |       | ed** |       | ate** |      | st** |       |
+----------------+-------+------+-------+-------+------+------+-------+
|                | *     | **   | *     | *     | **   | **   |       |
|                | *USDA | Post | *USDA | *Post | USDA | Post |       |
|                | Off   | Esti | Off   | Est   | Offi | Esti |       |
|                | icial | mate | icial | imate | cial | mate |       |
|                | \[Ol  | \    | \[Ol  | \[Ne  | \    | \    |       |
|                | d\]** | [New | d\]** | w\]** | [Old | [New |       |
|                |       | \]** |       |       | \]** | \]** |       |
+----------------+-------+------+-------+-------+------+------+-------+
| **Market Year  |       | 01/  |       | 01    |      | 01/  | MM    |
| Begin**        |       | 2003 |       | /2004 |      | 2005 | /YYYY |
+----------------+-------+------+-------+-------+------+------+-------+
| **Area         | 36000 | 3    | 38000 | 38000 | 0    | 3    | (HECT |
| Planted**      |       | 6000 |       |       |      | 8000 | ARES) |
+----------------+-------+------+-------+-------+------+------+-------+
| **Area         | 32000 | 3    | 33000 | 33000 | 0    | 3    | (HECT |
| Harvested**    |       | 2000 |       |       |      | 3000 | ARES) |
+----------------+-------+------+-------+-------+------+------+-------+
| **Bearing      | 14000 | 1    | 14000 | 14000 | 0    | 1    | (1000 |
| Trees**        |       | 4000 |       |       |      | 4000 | T     |
|                |       |      |       |       |      |      | REES) |
+----------------+-------+------+-------+-------+------+------+-------+
| **Non-Bearing  | 1000  | 1000 | 1000  | 1000  | 0    | 1000 | (1000 |
| Trees**        |       |      |       |       |      |      | T     |
|                |       |      |       |       |      |      | REES) |
+----------------+-------+------+-------+-------+------+------+-------+
| **TOTAL No. Of | 15000 | 1    | 15000 | 15000 | 0    | 1    | (1000 |
| Trees**        |       | 5000 |       |       |      | 5000 | T     |
|                |       |      |       |       |      |      | REES) |
+----------------+-------+------+-------+-------+------+------+-------+
| **Production** | 380   | 380  | 400   | 420   | 0    | 400  | (1000 |
|                |       |      |       |       |      |      | MT)   |
+----------------+-------+------+-------+-------+------+------+-------+
| **Imports**    | 0     | 0    | 0     | 0     | 0    | 0    | (1000 |
|                |       |      |       |       |      |      | MT)   |
+----------------+-------+------+-------+-------+------+------+-------+
| **TOTAL        | 380   | 380  | 400   | 420   | 0    | 400  | (1000 |
| SUPPLY**       |       |      |       |       |      |      | MT)   |
+----------------+-------+------+-------+-------+------+------+-------+
| **Exports**    | 43    | 43   | 45    | 65    | 0    | 70   | (1000 |
|                |       |      |       |       |      |      | MT)   |
+----------------+-------+------+-------+-------+------+------+-------+
| **Fresh Dom.   | 292   | 292  | 310   | 310   | 0    | 300  | (1000 |
| Consumption**  |       |      |       |       |      |      | MT)   |
+----------------+-------+------+-------+-------+------+------+-------+
| ####           | 45    | 45   | 45    | 45    | 0    | 30   | (1000 |
| ### Processing |       |      |       |       |      |      | MT)   |
+----------------+-------+------+-------+-------+------+------+-------+
| **TOTAL        | 380   | 380  | 400   | 420   | 0    | 400  | (1000 |
| DISTRIBUTION** |       |      |       |       |      |      | MT)   |
+----------------+-------+------+-------+-------+------+------+-------+

+-----------------------+--------------+--------------+---------------+
| #                     |              |              |               |
| ######## Prices Table |              |              |               |
+-----------------------+--------------+--------------+---------------+
| **Country**           | ######       |              |               |
|                       | ## Argentina |              |               |
+-----------------------+--------------+--------------+---------------+
| **Commodity**         | **Fresh      |              |               |
|                       | Tangerines** |              |               |
+-----------------------+--------------+--------------+---------------+
| **Prices in**         | **US\$ FOB** | **per uom**  | **MT**        |
+-----------------------+--------------+--------------+---------------+
|                       |              |              |               |
+-----------------------+--------------+--------------+---------------+
| **Year**              | **2003**     | **2004**     | **% Change**  |
+-----------------------+--------------+--------------+---------------+
| ####### Jan           | 0            | 0            |               |
+-----------------------+--------------+--------------+---------------+
| **Feb**               | 470          | 0            |               |
+-----------------------+--------------+--------------+---------------+
| **Mar**               | 450          | 510          | 13%           |
+-----------------------+--------------+--------------+---------------+
| **Apr**               | 450          | 520          | 16%           |
+-----------------------+--------------+--------------+---------------+
| **May**               | 460          | 530          | 13%           |
+-----------------------+--------------+--------------+---------------+
| **Jun**               | 460          | 510          | 11%           |
+-----------------------+--------------+--------------+---------------+
| **Jul**               | 430          | 470          | 7%            |
+-----------------------+--------------+--------------+---------------+
| **Aug**               | 410          | 460          | 12%           |
+-----------------------+--------------+--------------+---------------+
| **Sep**               | 400          |              |               |
+-----------------------+--------------+--------------+---------------+
| **Oct**               | 400          |              |               |
+-----------------------+--------------+--------------+---------------+
| **Nov**               | 0            |              |               |
+-----------------------+--------------+--------------+---------------+
| **Dec**               | 0            |              |               |
+-----------------------+--------------+--------------+---------------+

+----------------+------+-------+-------+------+------+-------+-------+
| PSD Table      |      |       |       |      |      |       |       |
+----------------+------+-------+-------+------+------+-------+-------+
| ####### Countr | A    |       |       |      |      |       |       |
| y {#country-5} | rgen |       |       |      |      |       |       |
|                | tina |       |       |      |      |       |       |
+----------------+------+-------+-------+------+------+-------+-------+
| **Commodity**  | *    |       |       |      | (HE  |       |       |
|                | *Gra |       |       |      | CTAR |       |       |
|                | pefr |       |       |      | ES)( |       |       |
|                | uit, |       |       |      | 1000 |       |       |
|                | Fre  |       |       |      | TRE  |       |       |
|                | sh** |       |       |      | ES)( |       |       |
|                |      |       |       |      | 1000 |       |       |
|                |      |       |       |      | MT)  |       |       |
+----------------+------+-------+-------+------+------+-------+-------+
|                | **20 | *     | **2   | **Es | **20 | **    | **    |
|                | 02** | *Revi | 003** | tima | 04** | Forec | UOM** |
|                |      | sed** |       | te** |      | ast** |       |
+----------------+------+-------+-------+------+------+-------+-------+
|                | **   | *     | *     | **   | **   | *     |       |
|                | USDA | *Post | *USDA | Post | USDA | *Post |       |
|                | Offi | Est   | Off   | Esti | Offi | Est   |       |
|                | cial | imate | icial | mate | cial | imate |       |
|                | \    | \[Ne  | \[Ol  | \    | \    | \[Ne  |       |
|                | [Old | w\]** | d\]** | [New | [Old | w\]** |       |
|                | \]** |       |       | \]** | \]** |       |       |
+----------------+------+-------+-------+------+------+-------+-------+
| **Market Year  |      | 01    |       | 01/  |      | 01    | MM    |
| Begin**        |      | /2003 |       | 2004 |      | /2005 | /YYYY |
+----------------+------+-------+-------+------+------+-------+-------+
| **Area         | 1    | 12000 | 13000 | 1    | 0    | 13000 | (HECT |
| Planted**      | 2000 |       |       | 3000 |      |       | ARES) |
+----------------+------+-------+-------+------+------+-------+-------+
| **Area         | 1    | 12000 | 12000 | 1    | 0    | 12000 | (HECT |
| Harvested**    | 2000 |       |       | 2000 |      |       | ARES) |
+----------------+------+-------+-------+------+------+-------+-------+
| **Bearing      | 2950 | 2950  | 3000  | 3000 | 0    | 3000  | (1000 |
| Trees**        |      |       |       |      |      |       | T     |
|                |      |       |       |      |      |       | REES) |
+----------------+------+-------+-------+------+------+-------+-------+
| **Non-Bearing  | 150  | 150   | 100   | 100  | 0    | 100   | (1000 |
| Trees**        |      |       |       |      |      |       | T     |
|                |      |       |       |      |      |       | REES) |
+----------------+------+-------+-------+------+------+-------+-------+
| **TOTAL No. Of | 3100 | 3100  | 3100  | 3100 | 0    | 3100  | (1000 |
| Trees**        |      |       |       |      |      |       | T     |
|                |      |       |       |      |      |       | REES) |
+----------------+------+-------+-------+------+------+-------+-------+
| **Production** | 185  | 185   | 150   | 160  | 0    | 160   | (1000 |
|                |      |       |       |      |      |       | MT)   |
+----------------+------+-------+-------+------+------+-------+-------+
| **Imports**    | 1    | 1     | 0     | 0    | 0    | 0     | (1000 |
|                |      |       |       |      |      |       | MT)   |
+----------------+------+-------+-------+------+------+-------+-------+
| **TOTAL        | 186  | 186   | 150   | 160  | 0    | 160   | (1000 |
| SUPPLY**       |      |       |       |      |      |       | MT)   |
+----------------+------+-------+-------+------+------+-------+-------+
| **Exports**    | 30   | 30    | 20    | 30   | 0    | 30    | (1000 |
|                |      |       |       |      |      |       | MT)   |
+----------------+------+-------+-------+------+------+-------+-------+
| **Fresh Dom.   | 81   | 50    | 60    | 40   | 0    | 40    | (1000 |
| Consumption**  |      |       |       |      |      |       | MT)   |
+----------------+------+-------+-------+------+------+-------+-------+
| **Processing** | 75   | 106   | 70    | 90   | 0    | 90    | (1000 |
|                |      |       |       |      |      |       | MT)   |
+----------------+------+-------+-------+------+------+-------+-------+
| **TOTAL        | 186  | 186   | 150   | 160  | 0    | 160   | (1000 |
| DISTRIBUTION** |      |       |       |      |      |       | MT)   |
+----------------+------+-------+-------+------+------+-------+-------+

+------------------------+--------------+--------------+--------------+
| ######### Prices Table |              |              |              |
+------------------------+--------------+--------------+--------------+
| **Country**            | *            |              |              |
|                        | *Argentina** |              |              |
+------------------------+--------------+--------------+--------------+
| **Commodity**          | **Fresh      |              |              |
|                        | Grapefruit** |              |              |
+------------------------+--------------+--------------+--------------+
| **Prices in**          | **US\$ FOB** | **per uom**  | **MT**       |
+------------------------+--------------+--------------+--------------+
|                        |              |              |              |
+------------------------+--------------+--------------+--------------+
| **Year**               | **2003**     | **2004**     | **% Change** |
+------------------------+--------------+--------------+--------------+
| **Jan**                | 0            | 0            | 0            |
+------------------------+--------------+--------------+--------------+
| **Feb**                | 0            | 0            | 0            |
+------------------------+--------------+--------------+--------------+
| **Mar**                | 0            | 0            | 0            |
+------------------------+--------------+--------------+--------------+
| **Apr**                | 310          | 380          | 23%          |
+------------------------+--------------+--------------+--------------+
| **May**                | 300          | 360          | 20%          |
+------------------------+--------------+--------------+--------------+
| **Jun**                | 330          | 350          | 6%           |
+------------------------+--------------+--------------+--------------+
| **Jul**                | 320          | 340          | 3%           |
+------------------------+--------------+--------------+--------------+
| **Aug**                | 330          | 360          | 9%           |
+------------------------+--------------+--------------+--------------+
| **Sep**                | 180          |              |              |
+------------------------+--------------+--------------+--------------+
| **Oct**                | 0            |              |              |
+------------------------+--------------+--------------+--------------+
| **Nov**                | 0            |              |              |
+------------------------+--------------+--------------+--------------+
| **Dec**                | 0            |              |              |
+------------------------+--------------+--------------+--------------+