Brazilian farmers are expected to harvest a record 177.64 million metric tons of soybeans in the 2025/26 season, according to crop agency Conab.
Brazilian exports may surpass 112 million tons in the new marketing year as the US is expected to reduce its own soy exports amid a trade war with China.
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.
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Author's summary: Brazil expects a record soybean harvest in 2025/26.