Argentina completes 2024/25 soybean harvest
Argentina has completed its 2024/25 soybean harvest with 50.3 million tonnes, up 100,000 tonnes from the previous season, the Buenos Aires Grain Exchange said in its weekly crop report on Thursday.
The harvest capped a season marked by drought and a heatwave in the Southern Hemisphere summer, followed by autumn rains that helped restore yields, the exchange said.
The exchange said the country’s record soybean output was 60.8 million tonnes, the same as 10 years ago.
Argentina is the world’s largest exporter of soybean oil and meal. Amid a tariff standoff with the United States, China earlier chartered 30,000 tonnes of Argentine soybean meal, the first such shipment since Beijing approved imports from Argentina in 2019.
For the 2024/25 corn crop, the exchange said harvesting had gone well thanks to mostly dry conditions, with 61.7% of the planted area harvested. Corn production is expected to reach 49 million tonnes.
For almost 30 years of expertise in the agri markets, UkrAgroConsult has accumulated an extensive database, which became the basis of the platform AgriSupp.
It is a multi-functional online platform with market intelligence for grains and oilseeds that enables to get access to daily operational information on the Black Sea & Danube markets, analytical reports, historical data.
You are welcome to get a 7-day free demo access!!!
Read also
Sunflower meal supplies to China increased fourfold in March
Argentina to cut wheat production by a quarter in MY 2026/27
Brazil considers used cooking oil imports to expand SAF production
Ukraine and Saudi Arabia agree to deepen cooperation in food security
North American wheat market grapples with adverse weather conditions
Got additional questions?
We will be happy to assist!
Write to us
Our manager will contact you soon