In Argentina, thanks to favorable weather conditions, 72% of the area has already been sown with sunflowers and 4.7% with soybeans.

According to the Buenos Aires Grain Exchange (BAGE), as of November 4, 72.4% of the planned area was sown with sunflower in Argentina (+13.7% per week, 65.2% on average over 5 years).

In some areas of the Santa Fe province, some of the areas damaged by birds had to be reseeded; in the central agricultural regions, crops entered the early growing season; in the southern regions, their development is being delayed by below-normal temperatures.

Soybeans have been planted in 4.7% of the planned area in the country (+2.3% in the week, 1.8% last year and 2.2% on average for 5 years to this date). First-crop soybeans are being sown mainly in the northern and southern production regions, which have sufficient moisture in the upper soil layer, and seedlings have already appeared in some fields. However, in some regions, sowing is being delayed by low air temperatures.

According to BAGE's forecast, this year the area under soybeans will increase by 1.2% or 200 thousand hectares compared to last year to 17 million hectares, while the area under sunflowers will remain unchanged at 3.1 million hectares.

USDA experts expect soybean production in Argentina in 2026/27 MY to be 50 million tons (49.5 million tons in 2025/26 MY), and sunflower production to reach a record 8 million tons (7.61 million tons in 2025/26 MY), as the area under it will increase from 3.19 to 3.5 million hectares.

According to the Argentine MSG, soybean prices in the country fell 2.89% last week to $470/t FOB (including a 24% export tax) under pressure from a 3.3% weekly drop in November soybean futures on the Chicago Board of Trade to $434/t.

In October, agricultural exports from Argentina decreased by 10.8% compared to September to $2.88 billion, which was 157% higher than the corresponding figure last year and the highest value for this period in the last 25 years. Cumulative export revenue for the first 10 months of 2026 decreased by 14% compared to the previous year to $25.156 billion.