La Niña phenomenon causes concern: Brazil's soybean production expected to decrease

According to a report by Brazilian magazine EXAME, corn production is expected to be 139 million tons, a decrease of 1.5% from the 2024/25 season. According to Conab, this year's corn planting area is 4 million hectares, with 71.3% already completed. Rice production is expected to decrease by 12.4% this year to 11.2 million tons, mainly due to a reduction in planting area. According to a survey by Conab, in the main rice-producing state of Rio Grande do Sul, planting has reached 98% of the planned area. In another important producing state, Santa Catarina, planting work has been completed. Additionally, the total soybean production is expected to be around 30 million tons, similar to the previous season, which is sufficient to meet domestic demand. Planting for the first season of soybeans in the states of Paraná and São Paulo has been completed, and planting in other states is also underway. The news that the La Niña phenomenon may persist until February 2026 has raised concerns ...