Farmers in Argentina, a leading global grain supplier, are likely to prioritize corn over soybeans in the 2025/26 season due to higher export taxes on soy and subdued prices. Argentina, the world’s top exporter of processed soy oil and meal and the third-largest corn exporter, significantly influences global markets. Global prices for both soybeans and corn remain low, intensifying focus on tax burdens and profit margins. Argentina’s total grain production for the 2024/25 season is projected to reach 136 million tons, according to the Rosario grains exchange.
SOURCE: UKR AGROCONSULT
https://ukragroconsult.com/en/news/argentine-farmers-favor-corn-over-soy-amid-taxes-and-low-price/