Argentina: Grain and Feed Update

Argentine wheat production in marketing year (MY) 2024/2025 is estimated at 18 million tons (MMT) with exports (including wheat flour in its wheat equivalent) at 12 million tons, slightly above USDA official. Barley production in MY 2024/2025 is estimated at 4.9 MMT, slightly higher than in the previous season, with exports at 3.3 MMT, 200,000 tons lower than USDA, but 6 percent higher than in MY 2023/2024. Despite a significant cut in planted area due to last year’s corn stunt attack, corn production is projected at 48 MMT, 2.5 million tons lower. Corn exports are forecast at 35 MMT. Sorghum production in MY 2024/2025 is forecast at 3.8 million tons with exports at 1.5 MMT. Rice production is forecast at 1.46 MMT with rice exports are forecast at 440,000 tons milled base.