StoneX reduces the forecast for the soybean and corn harvest in Brazil in MY 2025/26
Brazil’s soybean production in MY 2025/26 is expected to reach 177.2 million tonnes, consulting firm StoneX reported on Monday, lowering its forecast by 0.9% compared to its November forecast.
The forecast revision reflects lower yields in the states of Mato Grosso and Goiás, both major producers, despite a slight expansion in planted area, StoneX said.
“Irregular rainfall, particularly in regions that account for a significant share of Brazil’s production, continues to impact production potential,” the company added in a statement.
Despite the forecast reduction, the harvest remains a record.
StoneX reported that the country’s total corn harvest is forecast to reach 134.4 million tonnes in 2025/26, lowering its estimate by 0.6%.
The second-crop corn crop forecast is lowered 1.1% to 105.8 million tonnes as delays in the soybean planting cycle could impact the start of planting.
Read also
Ukraine to harvest over 31 mln tonnes of corn and more than double barley exports ...
Weight-loss drugs are reshaping pasta demand in the US
Domestic demand supports soybean prices in Ukraine despite global pressure
Canada strengthens global wheat market position through export diversification
Brazil’s soybean meal exports are growing
Got additional questions?
We will be happy to assist!
Write to us
Our manager will contact you soon