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With corn production estimated at a record 61-63 million tonnes for MY2025/26, delayed harvesting due to high grain moisture and waterlogged fields is curbing near-term export flow, while soybean meal demand from the global feed industry continues to underpin oilseed trade.
Higher global beef prices and new trade deals under Argentine President Javier Milei are encouraging Argentina's ranchers to raise heavier cattle, betting on a sustained export boom that could reshape the country's meat industry.
The Philippines' Department of Agriculture (DA) has resumed poultry imports from Argentina, one of the country's sources of imported meat, as the South American country is bird flu-free.
Argentina will lower export taxes on wheat and barley from 7.5% to 5.5% starting in June 2026, as the government moves to support farm exports and increase the country's share of global grain trade.
Argentina, one of South America's leading milk producers, is facing a deep crisis in its dairy sector, with plant closures, underused capacity and a market strained by delayed payments and layoffs.
