According to Safras & Mercado, Brazil’s 2025-26 soybean output is forecast to hit a record 180.92 million tons, up 5.3% from the previous harvest, driven by the recovery of production in Rio Grande do Sul. Despite higher costs and credit limitations, the planted area is expected to grow 1.2% to 48.21 million hectares, with an estimated production of 3,771 kilos per hectare. Exports are expected to rise to 108 million tons in 2026, with crushing estimated to reach 59.5 million. Notably, early sales for the new crop are 20.5% below the historical average. The 2024-25 crop has already been negotiated at 84.1%.
Source: Reuters / Notícias Agrícolas (*Translated by Ia Niani)
