required report public distribution date 10 31 2003 gain number ar3043 argentina dairy and products annual approved by robert hoff us embassy prepared ken joseph highlights argentine exports in 2004 are projected to drop somewhat as an expected reactivation domestic consumption will more than offset a slight milk production increase dry whole powder the most exported product would suffer some reductions cheese nonfat remain quite stable brazil algeria mexico chile forecast be largest markets taking 60 percent of country s total for is begin recover returns at farm level good however with strong dollar prices grains oilseeds recovery could slow includes psd changes yes trade matrix no buenos aires ar1 ar usda foreign agricultural service global agriculture information network template version 2 07 page unclassified table contents section i situation outlook ii statistical tables 7