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2h ago

Soybean and Corn Planting Stall in Argentina as Wheat Yields Surge

Flooding narrows the soybean planting window, raising the risk of unplanted hectares despite record wheat yields.

“Hace un mes y medio empezó la demanda y se dio como se venía informando: de manera explosiva", dijo Diego Napolitano, de Cedasaba
El freno en estos dos meses sobreviene tras el fenómeno que ya se dio con un anticipo de ventas, principalmente por la baja y suspensión de retenciones, precios internacionales más moderados y un clima comercial donde el productor prioriza retener mercadería estratégica, especialmente soja
No ceden los anegamientos en el centro oeste bonaerense
El exceso de agua frena a la soja

Overview

  • Soybean sowing covers 24.6% of the projected 17.6 million hectares, running 11 percentage points behind last year, with access problems in Buenos Aires due to excess moisture, according to the BCBA.
  • In the core farm belt, about one million hectares of first-crop soy remain unplanted as the optimal window closes, the BCR reported.
  • Maize planting stands at 37.3% with one of the largest recent delays, and 12% of planted area shows water excess that hampers fertilization and fieldwork.
  • Wheat harvest is progressing with yields above previous highs in central areas, and the BCBA maintains a national output forecast near 24 million tonnes.
  • Despite a third straight decline in Chicago, cash soy in Rosario rose ARS 5,000 on currency moves and local demand, while agro export dollar inflows are seen slowing to about US$2.6 billion in Nov–Dec even as 2025 totals are projected near US$34 billion.