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  • How much soybean production in Argentina in 2024/2025?
  • Post forecasts Argentina soybean production at 51 million metric tons (MMT) in marketing year (MY) 2024/2025 as production returns to assuming good weather in the year ahead and increased soy planting at the expense of wheat and corn, particularly in late or second crop soy.
  • Will Argentina lose its position in the world's largest exporter of soybeans?
  • As a result of the drought, Post estimates that Argentina will need to import a record 11 MMT of soybeans to achieve a crush of 29.5 MMT. This reduced crush would lead Argentina to export only 18.75 MMT of soybean meal, potentially losing its position as the world's largest exporter of soybean meal. Soybean oil exports are estimated at 3.65 MMT.
  • What would happen if Argentina ceased exporting soybean meal?
  • This reduced crush would lead Argentina to export only 18.75 MMT of soybean meal, potentially losing its position as the world's largest exporter of soybean meal. Soybean oil exports are estimated at 3.65 MMT. Sunflowerseed production is estimated unchanged at 4 MMT and peanut production is lowered to 970,000 MT due to the effects of drought.
  • Which country exports the most soybean oil?
  • Currently, Argentina is the leading Soybean oil exporting country with an export volume of about ~5.1 million metric tons. Argentina's soybean production is forecast at 53.0 million tons, down 3.0 million from the revised 2018/19 forecast due to a lower trend yield and bad rainfall.
  • Will sunflower oil revive the sunflower oil industry in Argentina?
  • In Argentina, sunflowers are sown from north to south, as soil temperatures increase. Though Palm Oil holds the larger market share in Europe which is experiencing weak demand due to the poor standard of production, could revive the Sunflower Oil industry in Argentina in the near future.
  • What's going on with soybean exports & sunflowerseed production in my 2024/25?
  • Soy oil exports are forecast to grow as well to 5.3 MMT. Sunflowerseed production is forecast down up slightly in MY2024/25 to 3.7 MMT as producers expect another dry La Niña weather pattern ahead, but still down significantly from the record year of MY2022/23 when sunflower was the only bright spot in a bleak crop landscape.