By Maximilian Heath
BUENOS AIRES, Sept. 19 (Reuters) – Argentina’s exports of grains and their byproducts could hit a record 105.1 million metric tons in the 2025/26 season, the Rosario grains exchange said on Friday.
That would top the 101.6 million tons of exports logged in the previous season as well as the record 104.1 million tons in the 2018/19 season, according to the exchange.
Argentina is the world’s top exporter of soybean oil and meal, and the third-largest exporter of corn.
In its report, the exchange projected shipments of grains and oilseeds at 64.7 million tons, with 62% being corn sales.
Exports of oils and meals, meanwhile, were estimated at 40.4 million tons, with the vast majority derived from soybeans.
The record exports could also come from a bountiful year in the fields, the exchange said, with total grains harvests expected to bring in 146.4 million tons of crop.
However, with lower grains prices on the international market, the bumper crop would represent the same foreign-currency income as in the previous season, $34.8 billion, the exchange said.
Agricultural exports are a key source of foreign currency for Argentina.
Argentina’s wheat crop is currently in its most crucial growth phase, with the harvest set to kick off in November. Farmers began planting corn over the past several weeks, with soybean planting to start in October.
(Reporting by Maximilian Heath; Writing by Kylie Madry; Editing by Brendan O’Boyle and Natalia Siniawski)
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