Argentina to increase sunflower plantings

in MY 2024/25 – at 51.1 million tons. Due to the high profitability of processing, its volume will remain at 42 million tons, despite a significant reduction in stocks after the short-term abolition of the export duty. Soybean exports will be 6.5 million tons (USDA estimates it at 8.25 million tons) due to high demand from China, while soybean meal and oil exports will return to their usual levels of 29.5 million tons and 6.15 million tons, respectively, after a record increase in MY 2024/25. Sunflower sowing areas in Argentina will grow to 2.65 million hectares, and ...