soybean oil press good in argentina

                                               
                                               
                                               
                                               
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  • How much soybean production in Argentina in 2024/2025?
  • Post forecasts Argentina soybean production at 51 million metric tons (MMT) in marketing year (MY) 2024/2025 as production returns to assuming good weather in the year ahead and increased soy planting at the expense of wheat and corn, particularly in late or second crop soy.‌
  • Is Argentina set for a record high soybean crush?
  • Despite these challenges, Argentina is set for a record high soybean crush, forecast at 42 MMT, driven by robust exports and a steady crush rate. Meanwhile, sunflower seed production is forecast at 4 MMT, with strong processing and export activity expected, bolstered by competitive international prices.‌
  • Which country exports the most soybean oil?
  • Currently, Argentina is the leading Soybean oil exporting country with an export volume of about ~5.1 million metric tons. Argentina's soybean production is forecast at 53.0 million tons, down 3.0 million from the revised 2018/19 forecast due to a lower trend yield and bad rainfall.‌
  • Which countries export soybean oil from Argentina?
  • The main destination of Soybean Oil exports from Argentina are: India ($3.1B), Bangladesh ($513M), Peru ($404M), Morocco ($260M), and Chile ($244M). The fastest growing export markets for Soybean Oil of Argentina between 2021 and 2022 were Morocco ($183M), Dominican Republic ($176M), and Pakistan ($122M).‌
  • Which country exports soybean oil in 2022?
  • Exports In 2022, Argentina exported $6.79B in Soybean Oil, making it the 1st largest exporter of Soybean Oil in the world. At the same year, Soybean Oil was the 3rd most exported product in Argentina. The main destination of Soybean Oil exports from Argentina are: India ($3.1B), Bangladesh ($513M), Peru ($404M), Morocco ($260M), and Chile ($244M).‌
  • What makes Argentina a global soybean market leader?
  • Market Diversification: Exploring new export markets in Africa and the Middle East. Argentina’s top soybean-producing companies, including AGD, Bunge, and Cargill, play a pivotal role in the global soybean market. With their focus on innovation, sustainability, and market expansion, these companies drive Argentina’s agricultural economy.