According to an FAS USDA forecast, Argentina's soybean production in 2024/25 could reach a multi-year high. The country has sown 90% of the planned acreage, with 93% of crops reported to be in good or excellent condition. A production of 52 million tons is now expected, the highest level in the past six years. The cultivated area will reach 17.8 million hectares (+0.9 million ha), and exports are projected at 7.2 million tons (+2.2 million tons), the highest level since 2019/20.