Over 60% of Argentine soybeans are in normal to excellent condition: Buenos Aires grain exchange

In Argentina, La Nacion reported that more than 60% of Argentina’s 2024/25 soybeans are in normal to excellent condition thanks to rains in recent weeks that have provided relief to crops hit by drought and high temperatures, according to the Buenos Aires Grain Exchange.

The exchange estimates the soybean harvest for the current campaign at 49.6 million tons.

In turn, more than 60% of the 18.4 million hectares planted with soybeans have adequate to optimal soil moisture conditions, the exchange added in its weekly crop report.

Regarding corn for 2024/25 cycle, the exchange reported that last week the sowing of the 6.6 million hectares reserved for the cereal was completed, with production estimated at 49 million tons.

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