Soybeans: Brazil leads productive advance in Mercosur

The 2025/26 soybean crop in Mercosur is expected to show an increase in production, despite a slight contraction in the planted area. According to data from the monthly report of Céleres, released in November, the projection is for the bloc to produce 242.3 million tons (MMt) of the oilseed, an increase from the 240.4 MMt of the previous crop. The total area sown in the region is expected to decline by 0.4%, equivalent to 300 thousand hectares. This drop is driven by Argentina, which is expected to reduce 1.3 million hectares. In contrast, Brazil tends to expand its soybean area by 1 million hectares, sustaining the country's leadership in the bloc. The main factor behind the productive growth is the expectation of more favorable climatic conditions compared to previous cycles. The estimated average productivity is 3.4 tons per hectare, potentially reaching 3.7 t/ha in the most optimistic scenario. With higher supply and heated demand, exports from the bloc are expected to grow by ...