Argentina: An increase in soybeans and sunflowers is expected and a decline in corn production

The Cereal Exchange launched the 2024/25 Thick Crop Campaign, where it presented the first estimates of production, exports and contribution of agricultural chains to the Argentine economy for the new production cycle. Under a "weak or Neutral" Niña climate forecast, the threat of the chicharrita and an unfavorable input/product ratio, a total area of 28.25 million hectares is estimated for the main summer crops. This scenario favors a notable increase in the area destined for soybean cultivation and a sharp drop in corn, mainly due to the adverse impact of the pest in the north of the agricultural area. With this outlook, the entity stated that the surface to be occupied with soybeans, corn, sunflowers and sorghum during this new cycle would reach 19 MHa, 6.3 MHa, 1.9 MHa, 1.0 MHa, respectively, registering an interannual increase for soybeans (9.8%), sunflowers (5.4%), sorghum (5.3%) and a decrease in corn (20.3%). It also highlighted a lower intention on the part of producers ...