The first estimate for Argentina’s 2025/26 corn crop points to the possibility of achieving a record production of 62 million tons.

“That figure exceeds the previous record (52.5 million tons in 2023/24) by 9.5 million tons. Compared with the previous season, production would increase by 24%,” the Rosario Board of Trade said today.

The estimate is based on a planted area of 9.75 million hectares, of which 8.05 million correspond to grain that would enter the commercial marketing channel, while the remaining area would be allocated to forage consumption.

The Rosario Board of Trade report indicates that the harvest projection could have been much higher had the streak of rainfall not been interrupted, a situation that is affecting many early-planted corn fields.

With an expected opening stock of 5.2 million tons and a likely harvest of 62 million tons, Argentina’s exportable corn supply for the 2025/26 cycle could reach 41 million tons, compared with 31 million tons in the previous cycle. The average over the past five years stands at 34.3 million tons.

Although domestic consumption is expected to grow in the current campaign to reach 18.6 million tons, up from 16.5 million tons in 2024/25, exports will need to play a key role in the cereal’s price formation system.