
The Rosario Grain Exchange projects corn use for animal feed in Argentina will exceed 18 million tonnes in the 2026/27 season, up from 16.5 million tonnes in 2025/26. Growth is led by poultry, cattle, dairy, pork and pet food producers, helped by removal of trade restrictions in place since 2024 and a stronger exchange rate.
Local corn prices on November 13 were reported above export-parity levels.
Stronger domestic feed demand reduces the corn available for export, tightening Argentina's shipping program and supporting Argentine corn prices. Feed buyers should expect firmer South American corn basis while exporters rework their strategies.
After 1,051 past bullish report events, Corn moved a median +0.6% over 5 sessions (62% higher; middle half -0.9% to +2.0%), and +0.8% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.