Brazilian farmers are set to produce a record 177.64 million metric tons of soybeans in the 2025/26 season, slightly below last month’s forecast but about 6 million tons higher than the previous year, the country’s crop agency Conab reported Tuesday.
The expansion reflects a 3.6% increase in the area planted to soybeans, reaching 49 million hectares (121.08 million acres). Brazilian exports are expected to surpass 112 million tons as U.S. shipments decline amid ongoing trade tensions with China.
Planting is most advanced in Parana, where 31% of the soybean area is sown, followed by Mato Grosso with 18.9% completed, Conab said. “In most regions, the crop’s fallow period has ended, and farmers are awaiting the rains, expected in the second half of October,” the agency added.
Corn production is also on track, with first-crop corn estimated at 138.6 million tons on 22.68 million hectares, a 3.9% increase from last season. The second-crop corn, planted after soybeans on the same fields, is projected at 113.2 million tons, forming the majority of Brazil’s exportable corn volume in the second half of the year.
