Argentina has completed soybean harvest and wheat planting, but its record corn crop is only half harvested.

In the 2025/26 MY, Argentina harvested 50.1 million tons of soybeans with an average yield of 3.13 tons/ha, with the yield of the first harvest being 3.4 tons/ha and the yield of the second being 2.57 tons/ha.

Wheat has been sown on 87.9% of the planned 6.5 million hectares in the country, which is 7% ahead of the sowing plan, but 12.2% below the average. At the same time, 100% of the crops are in normal or excellent condition.

Barley has been sown in 67.6% of the planned area in the country. The sowing rate is accelerating, and the crops are well supplied with moisture.

As of July 2, Argentina’s corn harvest was 52.9%, 14% below last year’s rate due to high moisture content. Harvest rates have slowed from 4.6% per week in mid-June to 1.7% in early July. This year’s harvest was the slowest for this period in the past 5 years.

The work is being held up by high levels of moisture in both the grain and the soil in the main growing regions (especially in Córdoba, La Pampa, and the center and south of Buenos Aires province), making it difficult for machinery to move. However, frosts in the south of Buenos Aires will contribute to a decrease in moisture.

Currently, the average corn yield in the country is 8.15 t/ha, so despite the delay in harvesting, experts from the Buenos Aires stock exchange are leaving the production forecast at 64 million t (which will exceed the previous dry season by 30.6%), and the Rosario stock exchange is forecasting at 61-62 million t, which in any case will be a record harvest.