Soybean Situation in Brazil and Argentina (2024/25)

07-Apr-2025 10:40 AM

Soybean Situation in Brazil and Argentina (2024/25)
Brazil
★ As of last week, 81% of the soybean crop has been harvested, ahead of last year’s 73% and the five-year average of 79%.
★ Harvesting is nearly complete in Central Brazil.
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Argentina
★ Harvesting has begun, with around 37% of the soybean crop having reached maturity.
★ Farmers have sold only 17–18% of their soybean crop so far — the lowest in the past 10 years.
Crop Condition (as of March 26, 2025):
25% – Poor/Very Poor
43% – Fair
32% – Good/Excellent