BAGE forecasts Argentina’s soybean crop at 53.6 million tons
In Ukraine, UkrAgroConsult reported that the Buenos Aires Grain Exchange (BAGE) forecasts Argentina’s soybean production at 53.6 million tons in the 2026/27 season.
This would be 3.5 million tons above the 50.1 million tons produced in the previous season, according to the report.
Soybean area could expand to 17 million hectares, up 0.2 million hectares year-on-year. The increase is being supported by strong demand from the crushing industry and risks to corn production from the spread of leafhoppers, the report added.
BAGE’s estimate is notably higher than forecasts from other organizations. USDA expects Argentina’s soybean crop at 50 million tons, while the Rosario Grain Exchange projects 47.8 million tons.
Category: Food & Agriculture
