Brazil’s crop production steady as weather woes loom

its second monthly forecast for 2025-26. It is monitoring weather events in Paraná, the irregularity of rainfall in Mato Grosso and the delay in precipitation in Goiás. Soybean area is expected to increase 3.6% with production of 177.6 million tonnes, up from 171.5 million tonnes in 2024-25. Soybean planting in the current cycle is within the average of the last five years, but behind schedule when compared to the percentage recorded in a similar period of the previous season, particularly in Goiás and Minas Gerais. With the projected reduction in US exports, increased global demand and the expectation of higher Brazilian production, significant growth in the country’s exports is estimated, potentially reaching 112.1 million tonnes, a 5.11% increase compared with the previous harvest, Conab said. “Furthermore, the expected increase in the mandatory blending of biodiesel with diesel, coupled with the growing demand for vegetable protein, suggests that the volume of soybeans ...