Argentina's Soybean Production Estimate Reduced to 48 Million Tons

30-Jan-2026 03:10 PM

Buenos Aires. Due to a lack of rainfall and high temperatures in Argentina, a leading analyst firm has lowered its soybean production estimate for the 2025-26 season by 1 million tons, now projecting 48 million tons. Severe heatwaves continue to affect many parts of the country.

According to the analyst, very little or no rain fell in Argentina last week. Only the western province of La Pampa received some scattered rainfall. Rain is expected in some other states in the coming days.

Soybean planting is 97% complete in Argentina, with only some areas in the northern part of the country remaining to be planted. In the far north, only 75-80% of the planting has been completed due to the dry and hot weather.

Planting was also delayed in the main irrigated production areas. It is worth noting that planting of this most important oilseed crop in Argentina takes place in two phases.

Flowering and pod formation have begun in 15% of the early-planted crop. Pest and disease attacks have been reported in dry areas. Farmers have been advised to closely monitor their crops.

It is noteworthy that Argentina is the world's third-largest producer and exporter of soybeans, while it ranks first in the export of soybean oil and soymeal.

India imports the majority of its soybean oil from Argentina. Meanwhile, Brazil is expected to have a record soybean harvest.