In the course of the 2024/25 season, the mixture of document planted acreage in Argentina and favorable climate situations resulted in grain manufacturing of 135.8 million tons (Mt), the second highest in historical past. On the similar time, a brief discount in export duties, in impact from January 27 to June 30, created a extra favorable surroundings for enterprise and boosted the sector’s export momentum.
On this context, official knowledge reveal that between January and June 2025, 48.4 Mt of grains, by-products, and oils have been shipped from Argentine ports. This represents a 5% improve over the identical interval final yr and 18% over the three-year common. It ought to be famous that this common is affected by the exceptionally hostile yr 2023, marked by a extreme drought that diminished manufacturing by greater than 50 Mt and, consequently, exports as nicely.
The year-on-year improve in agro-industrial product shipments was primarily as a result of larger grain shipments, which totaled 30 Mt, 5% greater than within the first half of 2024. In the meantime, shipments of by-products reached 14.7 Mt (+5%) and oil shipments reached 3.6 Mt (+10%).
Wheat shipments elevated by 46% year-on-year within the first half of the yr (+2.2 Mt). This progress occurred within the context of a 39% year-on-year restoration in manufacturing, following two weak seasons, reaching a harvest of 20.1 Mt. The overall provide of wheat for the 2024/25 season was the second highest on document.
Corn exports grew by 1% year-on-year (+140,300 tons). This improve was primarily concentrated in January and February, earlier than the beginning of the present season, which exhibits an 8% year-on-year drop in quantity.
In distinction, soybean and sorghum shipments fell by 24% and 22% year-on-year, with a discount of 687,600 and 180,000 tons, respectively. Within the case of soybeans, past the slight decline in manufacturing, a part of this lower is because of elevated industrial processing of the oilseed, with progress in exports of its by-products.
Between January and June 2025, Argentine agro-industrial merchandise reached 93 nations. Asia accounted for 48% of shipments, adopted by the Americas (20%), Africa (18%), Europe (13%), and Oceania (1%).
Vietnam was the primary vacation spot, with 5.4 million tons of grains, by-products, and oils (+4% year-over-year and +15% in comparison with the three-year common). Saudi Arabia adopted with 3.4 million tons (+62% year-over-year), and Brazil in third place with 3.1 million tons (+19% vs. 2024 and +26% in comparison with the common).
However, China misplaced floor after a 40% drop in its purchases, which totaled simply 3.1 million tons in comparison with 5.2 million tons for a similar interval in 2024, rating fourth in significance.
July 18, 2025/ Rosario Inventory Trade/ Argentina.
https://www.bcr.com.ar
