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Argentina Agroexports Rebound in 2025 as Top Traders Tighten Grip

Fresh data confirm stronger 2025 dollar inflows, reflecting temporary duty relief and wider market access.

Overview

  • BCR reports 105.5 million tonnes of grains and byproducts registered for export in 2025, up 53.2% from 2024, led by the soy complex at 51.6 million tonnes, maize at 29.7 million and wheat at 14.8 million.
  • Ten companies accounted for 90.5% of recorded volumes, with Cargill leading at 17.3 million tonnes, while Argentine-origin firms AGD, ACA and Molinos Agro entered the top ten.
  • CIARA–CEC says agroexporters liquidated USD 31.338 billion in 2025, with USD 1.015 billion in December tied to new wheat and barley shipments and continued soy and soy-product exports under Decree 682/2025.
  • The Agriculture Secretariat reports 162 international market openings or reopenings in 2025, supported by SENASA and the Foreign Ministry after sanitary and administrative efforts.
  • Market signals for 2026 point to softer Chinese soybean buying and low domestic industrial stocks that could support early-crop prices, with futures pricing new-crop soy roughly USD 30 per tonne below spot and significant old-crop holdings still with producers.