Mar 18, 2025
2024/25 Argentina Corn 8% Harvested
Author: Michael Cordonnier/Soybean & Corn Advisor, Inc.
Mostly dry weather prevailed across Argentina over the weekend and this week should be mostly dry as well. Rainfall should increase in the 6-10 period in western and northwestern Argentina.
The Buenos Aires Grain Exchange is estimating the corn crop at 49.0 million tons, whereas the Rosario Exchange is estimating the crop at 44.5 million tons. In the March WASDE report, the USDA estimated the crop at 50.0 million tons. I decided to leave the corn estimate unchanged this week at 46.0 million tons.
Corn in Argentina was 8.1% harvested as of late last week, which represents an advance of 1.4% for the week. The harvest is most advanced in Entre Rios and north-central Santa Fe. Recent rainfall has helped the late planted corn in Cordoba and Buenos Aires although there has been some localized flooding in central Buenos Aires. The average corn yield thus far is 7,880 kg/ha (125.3 bu/ac), which is down 2.1 bushels from the prior week.
Below is the corn harvest progress in Argentina for March 12, 2025 from the Buenos Aires Grain Exchange.
Corn in Argentina was rated 23% poor/very poor, 47% fair, and 30% good/excellent as of late last week. The good/excellent percentage is up 1% compared to the prior week. This is the fourth week in a row that the corn condition has improved. Soil moisture for corn is rated 12% short/very short, 84% favorable/optimum, and 4% saturated. The favorable/optimum percentage is up 8% compared to the prior week. Below is the corn condition rating in Argentina for March 12, 2025 from the Buenos Aires Grain Exchange.
2024/25 Argentina Corn Ratings*
| Condition | Soil Moisture | |||
|---|---|---|---|---|
| Poor/V. Poor % | Good/Excellent % | Short/V Short | Favorable/Optimum | |
| Feb 5, 2025 | 26 (15) | 25 (31) | 37 (40) | 63 (60) |
| Feb 12, 2025 | 33 (17) | 16 (26) | 41 (26) | 59 (74) |
| Feb 19, 2025 | 30 (15) | 19 (28) | 36 (29) | 64 (71) |
| Feb 26, 2025 | 29 (13) | 21 (30) | 34 (24) | 65 (76) |
| Mar 6, 2025 | 23 (15) | 29 (27) | 18 (23) | 76 (75) |
| Mar 12, 2025 | 23 (17) | 30 (25) | 12 (23) | 84 (76) |
*Source: Buenos Aires Grain Exchange – Crop Condition & Development Stages
2024/25 Argentina Weekly Corn Yields*
| Date | Average Yield | Percent Harvested |
|---|---|---|
| March 6, 2025 | 8,010 kg/ha – 127.3 bu/ac | 6.7% |
| March 12, 2025 | 7,880 kg/ha – 125.3 bu/ac | 8.1% |
*Source: Buenos Aires Grain Exchange Weekly Report