2024/2025 Argentina Corn Estimate Unchanged at 49 Million
The 2024/2025 Argentina corn estimate was left unchanged this week at 49 million with a neutral to higher bias.
The 2024/2025 Argentina corn harvest progressed to 31.3% which was up 9.3% compared to the prior week. Harvesting was slowed due to excessive rain and farmers prioritizing their soybean harvest. Nationwide yield is now 8,210 kg/ha (130.5 bu/ac) which is in line with initial expectations. Yields of corn in northern Argentina may be disappointing due to prior adverse weather. But yields in central Argentina are expected to compensate for any losses in northern Argentina. The Argentine corn estimate was left unchanged this week at 49 million tons.
Below is the 2024/2025 Argentina corn harvest pace for April 30, 2025 from the Buenos Aires Grain Exchange.
Below is a photo of late-maturing corn from Carlos Tejedor, Buenos Aires, courtesy of the Buenos Aires Grain exchange.
The 2024/2025 Argentina corn was rated 20% poor to very poor, 42% fair, and 38% good to excellent. The good to excellent percentage was up one point compared to the prior week. Soil moisture for corn was rated 15% short to very short, and 92% favorable/optimum. The favorable to optimum was up one percentage point from the prior week.
Below is the 2024/2025 Argentina corn rating for April 30, 2025 from the Buenos Aires Grain Exchange.
2024/25 Argentina Corn Ratings*
| Condition | Soil Moisture | |||
|---|---|---|---|---|
| Poor/V. Poor % | Good/Excellent % | Short/V Short | Favorable/Optimum | |
| Mar 19, 2025 | 24 (20) | 30 (23) | 12 (25) | 86 (74) |
| Mar 26, 2025 | 26 (25) | 27 (22) | 6 (28) | 93 (72) |
| Apr 2, 2025 | 23 (32) | 33 (18) | 5 (34) | 90 (60) |
| Apr 15, 2025 | 22 (36) | 34 (20) | 5 (21) | 93 (79) |
| Apr 23, 2025 | 20 (40) | 37 (17) | 6 (20) | 91 (81) |
| Apr 30, 2025 | 20 (40) | 38 (18) | 15 (16) | 92 (84) |
*Source: Buenos Aires Grain Exchange – Crop Condition & Development Stages
2024/25 Argentina Weekly Corn Yields*
| Date | Average Yield | Percent Harvested |
|---|---|---|
| March 19, 2025 | 8,270 kg/ha – 131.6 bu/ac | 13.1% |
| March 26, 2025 | 8,390 kg/ha – 133.4 bu/ac | 19.2% |
| April 2, 2025 | 8,370 kg/ha – 133.0 bu/ac | 20.3% |
| April 9, 2025 | 8,330 kg/ha – 132.4 bu/ac | 23.1% |
| April 15, 2025 | 8,260 kg/ha – 131.3 bu/ac | 28.0% |
| April 23, 2025 | 8,240 kg/ha – 131.0 bu/ac | 29.7% |
| April 30, 2025 | 8,210 kg/ha – 130.5 bu/ac | 31.3% |
*Source: Buenos Aires Grain Exchange Weekly Report
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