Post revises down 2016 Argentine milk output to 10.39 million tons (equivalent to 10.094 million liters) as result of severe weather damage, an increase in production costs, and low farm gate prices. Adverse weather has resulted in significant flooding in the main production provinces of Cordoba, Entre Rios, and Santa Fe. Total dairy exports for CY2016 are revised down to 211,000 MT due to lower supplies.