Argentina: Oilseeds and Products Update

  |   Attaché Report (GAIN)   |   AR2025-0004

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Office of Agricultural Affairs, Buenos Aires   |   (011-54-11) 5777-4627

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Argentina: Oilseeds and Products Update
Argentina’s oilseed sector faces a mixed outlook in MY 2024/25, Post lowers soybean production to 49 MMT, impacted by drought but showing signs of recovery, while sunflower (4 MMT) and peanut (1.605 MMT) production remain strong. Crush volumes are high in MY2023/24 with soymeal exports revised up to 29.5 MMT, sunflower oil exports reaching a 16-year high, and peanut exports surpassing 1 MMT. The government’s temporary export tax cuts on soybeans, soy products, sunflower, and peanuts have yet to trigger large farmer selling, as many continue holding stocks but are expected to spur increased exports in the coming months. China remains Argentina’s top soybean buyer, while Paraguay supplies most of Argentina’s imported soybeans for processing.
Western Hemisphere, Argentina
Oilseeds, Soybeans, Oilseeds (excl. soybean)

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