Argentina farmer sales rise further

Market: Agriculture
26/02/25

Argentina's farmers continued to increase sales of their main crops — soybeans, corn and wheat— in the week ending 19 February after some producing regions received favourable rainfall.

Soybeans

Soybean sales to the export market totalled 131,900t for the reporting week, more than double the latest five-week average of 61,100t, according to agricultural ministry data. Almost all sales were for the new crop year, with 129,900t sold for the 2024-25 crop and just 2,000t sold for the 2023-24 crop.

Domestic soybean sales rose sharply to 915,700t from 492,300t a week earlier, 50pc above the five-week average of 606,120t. Almost 425,000t was sold for the 2024-25 crop and more than 491,000t for the 2023-24 crop.

Grains

Corn sales to the export market in the reporting week were 866,200t, up by 13.5pc from the five-week average of 763,120t. In contrast to the previous week, sales were primarily for the old crop year, with 481,600t sold for the 2023-24 crop and 380,500t sold for the 2024-25 crop. Sales of the 2022-23 crop fell to 4,100t, compared with the previous five-week average of 12,100t.

Argentinian farmers sold 458,900t of wheat for export, up by 38pc from the five-week average of 332,520t. Most sales were for the 2024-25 crop at 456,700t, with only 2,200t for the 2023-24 crop year.

Farmer sales of wheat to the domestic market were 105,000t for the week, up by 19pc from the five-week average of 88,280t. Sales for the 2024-25 crop year were 102,100t, with just 2,900t for the 2023-24 crop.

In contrast, feed barley sales to the export market for the week ending 19 February fell to 64,100t from last week's 104,400t, and were 7pc below the five-week average of 93,180t.

Export sales were almost entirely of the new 2024-25 crop, with only 100t sold for the 2023-24 crop.

By Alexey Yeromin

Argentina weekly crop sales, t
	19 Feb	12 Feb	Five-week average

Total export sales
Corn	866.2	802.9	763.1
Wheat	458.9	327.1	332.5
Barley	64.1	104.4	93.2
Soybeans	131.9	115.4	61.1
Total domestic sales
Corn	na	na	na
Wheat	105.0	89.7	88.3
Soybeans	915.7	492.3	608.1
— Argentina agriculture ministry, Argus

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