Argentina to expand soybean area as corn planting declines

Argentina’s soybean planted area could increase by 1.2% in 2026/27 to 17 mln ha, up from 16.8 mln ha a season earlier, according to the Buenos Aires Grains Exchange. If realized, the area would return to its five-year average.

The largest increase is expected in northern regions, where the spread of the corn leafhopper is reducing farmers’ interest in planting corn. At the same time, soybeans offer relatively better margins in these areas, encouraging a shift of some acreage.

Planting decisions are also being supported by lower export duties and improved soybean prices. However, rising production costs, particularly fuel, continue to pressure margins for farms located far from export hubs.

In central and southern Argentina, soybean area could decline as early corn and sunflower remain stronger competitors for land. However, the expected expansion in the north is forecast to more than offset these reductions.

Soybean planting in Argentina is due to begin in October. After production reached 50.1 mln tons in 2025/26, the outlook for the new season will largely depend on weather conditions. Soil moisture is currently adequate, but excessive rainfall linked to a developing El Niño could delay fieldwork and increase disease risks.

Tags: corn, soybean, Argentina, sown area