The Buenos Aires desk predicts Argentina's soybean crush to rise to 40.0 million tonnes in 2024/25 from an expected 39.5 million in 2023/24. The crush is projected to yield 31.2 million tonnes of soymeal and 7.9 million tonnes of soyoil, slightly up from the 30.8 million and 7.8 million produced in 2023/24, respectively. Soymeal exports are expected to remain steady at 27.0 million tonnes in 2024/25, while the carryout is set to rise to 3.1 million tonnes from 2.6 million.

Soyoil exports from Argentina are anticipated to reach 5.3 million tonnes in 2024/25, a slight increase from 5.1 million this year. The carryover is expected to remain at 225,000 tonnes.