Brazilian farmers are expected to harvest a record 177.64 million metric tons of soybeans in the 2025/26 season.
According to Conab, Parana state soy farmers are the most advanced in planting, with 31% of the area already sown, followed by Brazil's top farm state Mato Grosso, with 18.9% of fields already planted.
US trade slows, Brazilian exports seen topping 112M tons.
Author's summary: Brazil expects record soybean harvest in 2025/26.