Corn Argentina’s 2024/25 corn harvest is virtually complete, with only isolated fields still being collected. Final output is expected to exceed 50 MMT. Attention now shifts to the 2025/26 crop, where planted area is projected at 7.8 million hectares — surpassed only by the 2023/24 season. Planting remains under 5 percent of the estimated area, but progress should accelerate under optimal conditions in the coming days. Early corn is likely to account for more than half of total area.
On the supply and demand side, exports for the 2024/25 season remain below 20 MMT, with August shipments failing to reach 2.5 MMT. Exporters have purchased 23.7 MMT against shipping permits of 22.2 MMT, of which roughly 19.6 MMT have already...
What You Need to Know Today: The corn and soybean markets closed slightly higher in low-volume trade. The wheat market was mixed, with HRW continuing its downward trek on improved moisture. As expected, the bearish cattle on feed report drove down cattle prices and pulled hogs down with it. Mi...
Key Market Insights Macro markets delivered a full whipsaw today. Early in the session, crude oil had rallied back above $100/barrel as traders priced renewed concern over the U.S.-Iran standoff and potential supply risk through the Strait of Hormuz. That strength helped pull grains off their o...
