Global Scans · Argentina · Weekly Summary

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WHAT'S NEXT?: Argentina domestic activity will be held back by rising inflation and the impact of numerous policy-induced economic distortions.

• [New] There are expected to be ample harvests across most major producing countries, mainly the US, Brazil, Argentina, Ukraine, China, the EU, India and Russia. Wandile Sihlobo
• [New] Foreign corn ending stocks for 2025-26 were reduced, with cuts to China, South Africa, India, and Canada partially offset by an increase for Argentina. High Plains Journal
• [New] U.S. old and new corn crop export forecasts are both raised this month on increased price competitiveness and the slower-than-expected pace of shipments from Argentina and Brazil. Ag Proud
• [New] Mexico, Australia, Argentina, India, and Turkey export lots of chickpeas to the U.S. President Donald Trump's tariffs on Australia, Argentina, India, and Turkey could disrupt existing agricultural trade relations. Mashed
• Once signed, the FTA is expected to remove high tariff barriers still applied by countries like Argentina and Uruguay, boosting Vietnam's price competitiveness against other exporters like China and India. Meksea
• Argentina sees expanding into offal exports as not just an opportunity to gain revenue, but also a strategic step toward tighter integration with one of the world's major consumer markets. Invezz
• In the Northern Hemisphere, the sowing campaign is already underway and looks favorable, but for South American countries such as Brazil and Argentina, weather will be a key factor in determining the final harvest results. UkrAgroConsult
• In Argentina, dry weather will allow farmers to continue to harvest their corn and soybeans but will reduce soil moisture for winter wheat. Successful Farming
• China and Japan are both expected to see year-over-year growth, while the economic recovery in Argentina and favorable calendar effects in Brazil should enable an expansion in sales in South America. Morningstar, Inc.
• Wheat production in 2025-2026 is estimated at 142.0 mmt in China; 136.0 mmt in the European Union; 83.0 mmt in Russia; 23.0 mmt in Ukraine; 36.0 mmt in Canada; 31.0 mmt in Australia; and 20.0 mmt in Argentina. DTN Progressive Farmer
• Revenue for 2025 is projected to reach US$ 26 billion, reflecting its scale and deepening penetration across key markets like Brazil, Mexico, and Argentina. BNN Bloomberg
• By 2030, countries in the Paraguay-Parana river basin will supply 40% of the world's grain, along with natural gas from Vaca Muerta shale, as well as lithium and copper from northwestern Argentina. Americas Quarterly
• Argentina's signing of open skies agreements with a number of countries is positive and will enhance connectivity and competition for the benefit of airlines and passengers. TravelDailyNews International
• Argentina experienced the most significant rise (128.88 km3), while 58 countries were projected to use less water due to improved irrigation efficiency and declining populations, with India experiencing the largest reduction (208.63 km3). Nature
• South America remained a region of interest, with Brazil (20.14%) and Argentina (23.24%) experiencing spikes in mobile-specific threats. gurufocus
• Argentina must navigate potential pitfalls, including: Inflation Control: Managing inflation will be critical to ensuring that growth is sustainable and does not erode consumer purchasing power. County Local News
• Global trade is projected to increase in 2025/26 led by larger projected exports in four major markets: Russia, European Union, Australia and Argentina. American AgCredit
• Argentina's production is forecast at 48.5 million tons, a decline of 0.5 million, as acreage shifts from soybeans to corn. American AgCredit
• Global production is forecast to increase to 1.265 billion metric tons, driven by increased production in the U.S., Ukraine and Argentina. American AgCredit
• Global production is forecast at 426.82 mmt, with Brazil's crop forecast at 175 mmt and Argentina's at 48.5 mmt. DTN Progressive Farmer
• South American nations, particularly Brazil and Argentina, are expected to be cautious regarding U.S. tariffs on key exports such as steel and agricultural products. E-International Relations
• Exports from the major soybean-producing countries in South America (Brazil, Argentina, Paraguay and Uruguay) are expected to increase by 8.5 million tonnes, more than offsetting lower exports from the United States. UkrAgroConsult

Last updated: 03 July 2025