Jun 12, 2025
Argentina Soybean Estimate Unchanged at 48.5 Million Tons
Author: Michael Cordonnier/Soybean & Corn Advisor, Inc.
The 2024/2025 Argentina soybean estimate was left unchanged this week at 48.5 million tons with a neutral bias.
Soybeans in Argentina were 89% harvested as of late last week, which represents an advance of 8% for the week. Harvesting of the early-planted soybeans is nearing completion with the late planted soybeans 77% harvested.
The nationwide average yield is now 3,040 kg/ha (45.2 bu/ac). The early planted soybeans are averaging 3,190 kg/ha (47.5 bu/ac) with the late planted soybeans averaging 2,540 kg/ha (37.8 bu/ac). Yields continue to exceed initial expectations, especially in the southern core region.
Below is the soybean harvest progress in Argentina for June 5, 2025 from the Buenos Aires Grain Exchange.
2024/25 Argentina Soybean Ratings*
| Condition | Soil Moisture | |||
|---|---|---|---|---|
| Poor/V. Poor % | Good/Excellent % | Short/V Short | Favorable/Optimum | |
| Mar 26, 2025 | 25 (23) | 32 (31) | 15 (29) | 85 (71) |
| Apr 2, 2025 | 23 (23) | 36 (32) | 10 (27) | 87 (72) |
| Apr 9, 2025 | 21 (23) | 37 (36) | 27 (10) | 72 (87) |
| Apr 15, 2025 | 19 (26) | 37 (29) | 8 (14) | 90 (81) |
| Apr 23, 2025 | 20 (27) | 43 (28) | 10 (15) | 87 (82) |
| Apr 30, 2025 | 22 (29) | 39 (27) | 11 (16) | 88 (82) |
*Source: Buenos Aires Grain Exchange – Crop Condition & Development Stages
The two photos below from the Buenos Aires Grain Exchange illustrate the stark contrast facing farmers all within the province of Buenos Aires.
Soybean harvest in Coronel Suarez, Buenos Aires. Photo courtesy of Buenos Aires Grain Exchange.
Soybean harvest in Gorchs, Buenos Aires. Photo courtesy of Buenos Aires Grain Exchange.