Argentina’s Soy Planting Begins With ‘Optimal’ Moisture, Exchange Says

By Maximilian Heath

BUENOS AIRES, Nov. 6 (Reuters) – Argentine farmers began planting their fields with soy for the 2025/26 season in recent days, the Buenos Aires grains exchange said on Thursday, noting most fields benefited from “optimal” surface moisture conditions.

Argentina is the world’s largest exporter of soybean oil and meal, and the exchange expects this season to yield some 48.5 million metric tons of crop.

Farmers have planted 4.4% of the 17.6 million hectares it expects will be sown with soy, it added.

Corn farmers are waiting for optimal conditions to begin planting the late-maturing crop for the 2025/26 season, it added, which usually begins at the end of November.

Farmers have so far planted 36% of the 7.8 million hectares the exchange predicts will be planted with corn, and which it expects to produce some 58 million tons.

Argentina’s 2025/26 wheat output is forecast at 22 million tons and farmers have so far harvested some 11.6% of fields they planted, it added.

The exchange said it has not finished assessing the impact of late-season frosts that hit crops in the southern part of the country’s agricultural heartlands.

(Reporting by Maximilian Heath, Editing by Chizu Nomiyama)