Argentina Grains, Cereal & Legumes insights

Mostly dry weather prevailed in Argentina last week easing wetness and favoring the corn harvest. Rainfall over the weekend favored central Argentina. Wetter weather is expected over the next 1-2 weeks which could slow down the corn and early soybean harvest. Corn in Argentina was 13.6% harvested as of late last week which represented an

Argentina’s 2024/25 soybean crop is now estimated at 48.6 million metric tons, down from the 49.6 million tons previously expected, according to a forecast from the Buenos Aires grains exchange published on Thursday. The exchange credited the smaller expected output to a drought that has reduced yields in the country’s northeast. Argentina’s is the world’s largest exporter of soybean oil and meal. Source: Reuters

Argentina’s grain exchange on Thursday cut its forecast for the country’s 2024/25 soybean crop by 1 million tonnes as the effects of drought become increasingly apparent. The Buenos Aires exchange now expects the harvest to reach 48.6 million tonnes, down from the 49.6 million tonne forecast it issued last week. Argentina is the world’s largest