Argentina grains exports could hit four-year high in 2024/25 season, exchange says

Grains and oilseed output in Argentina could reach up to 143 million metric tons in the 2024/25 season under normal weather conditions, which could boost exports to their highest volume in four years, the Rosario grains exchange said on Tuesday.

Given normal conditions, exports of the country’s soy, corn, wheat and other crops could rise to 101.5 million tons, the exchange said in a since the 2020/21 season.

Argentina, the top global exporter of soybean oil and flour and a major corn supplier, could however reap a total harvest as low as 128.8 million tons if there is not enough rain, it added.

For now, soil moisture conditions are adequate in Argentina’s agricultural core, but the country’s western and northern agricultural fields are in urgent need of rainfall.

Soybean planting is due to begin next month, while producers began planting corn in recent weeks.

(Reporting by Maximilian Heath; Editing by Sarah Morland)

Source: Notícias Agrícolas

Original reporting: https://www.noticiasagricolas.com.br/noticias/graos/385576-exportacoes-de-graos-da-argentina-podem-atingir-alta-de-quatro-anos-na-temporada-2024-25-diz-bolsa.html

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