Brazil Forecasts Record Soybean Harvest for 2025/26
Brazilian farmers are expected to harvest a record 177.64 million metric tons of soybeans in the 2025/26 season.
- Expected harvest is virtually the same as forecast last month.
- Around 6 million tons more than in the previous year.
- Conab cited an expected 3.6% rise in the size of the area being sowed with the oilseed.
- Brazilian exports may surpass 112 million tons in the new marketing year.
According to Conab, Parana state soy farmers are the most advanced in planting, with 31% of the area already sown, followed by Brazil's top farm state Mato Grosso, with 18.9% of fields already planted.
Brazil's soy exports are expected to top 112M tons as US trade slows.
Author's summary: Brazil expects a record soybean harvest.