Apr 24, 2026
Argentina Soybean Estimate Unchanged at 48.0 Million Tons
Author: Michael Cordonnier/Soybean & Corn Advisor, Inc.
As mentioned earlier, both the Rosario and Buenos Aires Exchanges increased their corn acreage, but only the Rosario Exchange lowered the soybean acreage due to switching from soybeans to corn. The Rosario Exchange lowered the soybean acreage 200,000 hectares to 15.8 million hectares (39.0 million acres) resulting in production of 49.0 million tons. They indicated that the smaller area was compensated for with higher yields. The Buenos Aires Grain Exchange left the soybean estimate unchanged at 48.5 million tons. USDA is estimating the crop at 48.0 million tons.
Early soybean yields are promising with yields in the northern core in the range of 3,960 kg/ha (59 bu/ac) and the southern core reporting 4,200 kg/ha (62.5 bu.ac). The Buenos Aires Grain Exchange is reporting the average nationwide yield thus far at 3,750 kg/ha (55.8 bu/ac).
2025/26 Argentina Weekly Soybean Yields*
| Date | Average Yield | Percent Harvested |
|---|---|---|
| April 15, 2026 | 3,750 kg/ha – 55.8 bu/ac | 6.2 |
*Source: Buenos Aires Grain Exchange Weekly Report
Soybeans in Argentina were 6.2% harvested as of late last week, which represents an increase of 4% for the week. The northern core area is most advanced at 24.7% harvested, while other areas are less than 10% harvested. Harvesting is running at about half the normal pace in the core areas due to wet weather and there are concerns about seed quality. Below is the soybean harvest progress in Argentina for April 15, 2026 from the Buenos Aires Grain Exchange.
Soybeans in Argentina were rated 13% poor, 39% fair, and 48% good/excellent as of late last week. The good/excellent percentage is up 1% from the prior week. Soil moisture for soybeans is rated 2% short, 91% favorable/optimum, and 7% surplus. The favorable/optimum percentage is up 3% compared to the prior week and the surplus percentage is up 1%. Below is the soybean rating in Argentina for April 15, 2026 from the Buenos Aires Grain Exchange.
2025/26 Argentina Soybean Ratings*
| Condition | Soil Moisture | |||
|---|---|---|---|---|
| Poor/V. Poor % | Good/Excellent % | Short/V Short | Favorable/Optimum | |
| March 4, 2026 | 26 (20) | 30 (31) | 33 (19) | 67 (79) |
| March 11, 2026 | 22 (25) | 38 (33) | 19 (17) | 79 (81) |
| March 18, 2026 | 18 (24) | 38 (33) | 13 (15) | 85 (85) |
| March 31, 2026 | 17 (22) | 45 (36) | 10 (10) | 88 (88) |
| April 3, 2026 | 14 (20) | 47 (38) | 6 (8) | 88 (91) |
| April 15, 2026 | 13 (18) | 48 (37) | 2 (8) | 91 (90) |
*Source: Buenos Aires Grain Exchange – Crop Condition & Development Stages