Brazil to harvest record 178 mln tons of soybeans in MY 2025/26 – Conab

Conab estimates average soybean yields at 3,675 kg per hectare, up 3.8% from last season and marking a new all-time high. Farmers have already begun active harvesting, with 17.4% of the planted area collected as of early February, a pace close to the historical average. At the same time, the agency slightly lowered its forecast for Brazil’s second corn crop (safrinha) to 109.26 million tonnes, down 1.2 million tonnes from its January projection and 3.5% below last season’s 113.22 million tonnes. The second crop accounts for the bulk of Brazil’s total corn production. Safrinha corn is planted on the same fields after soybean harvesting, and its exports are mainly concentrated in the second half of the year, when Brazilian supplies compete with U.S. corn on global markets. Conab noted that planting progress will depend directly on February rainfall, which also affects the pace of soybean harvesting. Planting of the second corn crop accelerated in January, reaching 21.6% of the ...