Argentina's sunflower complex exported USD 3,025.7 million between January and September, up 81.9% year-on-year, according to ASAGIR. With firm oil prices, 2026/27 planting is heading toward 3.1 million hectares and 7 million tonnes.
Argentina's sunflower complex is going through a scenario of strong commercial dynamism, with firm international prices, exports at outstanding levels and good production prospects for the 2026/27 campaign. In the first nine months of the year, the sector's external sales reached USD 3,025.7 million, a year-on-year growth of 81.9%, according to the latest monthly situation report from the Argentine Sunflower Association (ASAGIR), prepared by its economic advisor, Jorge Ingaramo.
The document highlights that sunflower oil maintains high quotations both in international markets and locally, even in the face of the arrival of a large Northern Hemisphere harvest. One of the factors explaining that firmness is the international logistics scenario: high freight costs and the persistent "logistics blackout" in the Black and Azov seas continue to condition world trade.
In that context, CIF Rotterdam quotations reported by the Buenos Aires Grain Exchange stood at USD 1,475.55 per tonne for November and USD 1,450.50 for December, values that exceed by 51% the average of the decade prior to the Russian invasion of Ukraine. In the Argentine market, the local FOB price of oil reached USD 1,345 per tonne for November, while the Cámara Rosario value of the grain stood at 775,932 pesos per tonne, equivalent to about USD 505.
Industrial activity accompanies the commercial dynamism. Between January and September, sunflower crushing accumulated 4.406 million tonnes, an increase of 21.7% compared with the same period of the previous year.
Purchases by industry and exporters for the 2025/26 campaign reached 5.295 million tonnes as of October 28, a volume 41.1% higher than that recorded at the same point in the previous cycle.
While the export business shows outstanding figures, 2026/27 sunflower planting is advancing with prospects of expansion. The Buenos Aires Grain Exchange maintains an area estimate of 3.1 million hectares, some 100,000 more than in the previous cycle, and projects production of 7 million tonnes.
Production projections show some differences among organizations. The United States Department of Agriculture (USDA) estimates a harvest of 7.8 million tonnes for Argentina, while Oil World calculates 6.9 million, on an area of 3.25 million hectares.
Worldwide, the USDA projected sunflower production of 63.16 million tonnes, a year-on-year growth of 14.1%, although it cut its estimate for Russia by 600,000 tonnes.
