Particle.news

BCR Raises Argentina Corn Outlook to Record 67 Million Tons

Satellite mapping revealed 420,000 extra corn hectares after heavy late‑March rains.

Overview

  • The Rosario Board of Trade, in its April update, lifted the 2025/26 corn forecast to 67 million tons after revising area and yields higher.
  • Satellite reclassification added 420,000 hectares of corn for a total of 10.2 million, which the exchange said explains about four of the extra five million tons.
  • Corn harvest progress stands near 23% nationwide with roughly two‑thirds of early fields cut in the central belt, where results beat expectations.
  • The exchange kept soybean production near 48 million tons despite trimming planted area to 16.2 million hectares, citing better early yields and cautioning estimates may still move as harvest advances.
  • Farmer soybean sales jumped 35% over three weeks, adding about 3 million tons and pushing the Rosario reference price to 440,000 pesos per ton on March 31, a 9% weekly drop.