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Argentina’s Soy Planting Starts on Wet Ground as Flooding Slows Pace

Producers confront a tax squeeze that could blunt gains despite firmer prices, revived demand, recharged soils.

Overview

  • National soybean sowing reached about 4.4–5% of the projected area, trailing last year as excess moisture blocks field access in central‑west Buenos Aires, according to the Buenos Aires Grain Exchange.
  • In the core region, roughly a quarter of first‑crop soy is already in the ground—about 800,000 hectares—though progress remains below the five‑year average, the Rosario Board of Trade reported.
  • Agronomists flag localized flooding in areas such as along Route 5 and warn that saturated profiles elevate weed pressure, raising risks for lost area and tighter early‑season management.
  • Projections from exchanges and analysts suggest production could surpass 50 million tonnes with more than US$20 billion in exports and around US$6 billion in export duties if favorable weather holds.
  • Brazil signals a larger 2025/26 campaign with an official area near 49 million hectares, but planting near 47% lags recent years, adding uncertainty about the timing of new supply in 2026.