Argentina: Oilseeds and Products Annual

Argentina’s oilseed sector enters marketing year (MY) 2025/2026 with diverging trajectories across key crops. Soybean area is forecast to contract by nearly one million hectares as producers revert to traditional corn rotations following a soy-heavy year driven by pest concerns. Sunflower seed area holds steady on strong yields and expanding acreage in marginal zones, while peanut production is expected to decline sharply from record highs due to falling prices and diminished profitability. Despite reduced soybean area, crush volumes are set to rise on firm margins, ample carry-in stocks, and continued soybean imports from Paraguay. Domestic vegetable oil consumption remains stable, but export-oriented crush and biodiesel output continue to anchor Argentina’s position as the world’s top soy crusher and exporter of meal and oil.