The 2024/25 Argentina soybean production estimate has been reduced by 1 million tons to 51 million tons.

25-Jan-2025 11:55 AM

The 2024/25 Argentina soybean production estimate has been reduced by 1 million tons to 51 million tons.  
★ After a hot and dry start last week, some rain fell over central and southern Argentina during the weekend, but the northern regions remained mostly dry.  
★ The percentage of soybeans rated good/excellent declined by 17% last week to 32%, marking a significant drop.  
★ As a result, the production estimate has been lowered to 51 million tons.