Conab agency forecasts that Brazil will harvest a record 178 million tons of soybeans.

According to the forecast by the agency Conab, Brazilian farmers are expected to harvest a record 177.64 million tons of soybeans in the 2025/26 marketing year (which almost matches the September estimates), which is 6 million tons more than the previous season's harvest. Soybean planting areas are expected to increase by 3.6% compared to last year to 49 million hectares (121.081 million acres), and its exports are expected to exceed 112 million tons, as the U.S. will reduce soybean exports amid the trade war with China. According to Conab, the largest amount of soybeans was planted by farmers in the state of Parana - 31% of the planned areas, while the leading agricultural state of Mato Grosso has planted 18.9% of the areas. In most regions, land pairing has already been completed, and farmers are expecting the resumption of rains, which are expected to start in the second half of October. Conab experts have made almost no changes to the September estimates for the corn harvest ...