Increase in Brazil's Soybean Production Forecast

07-May-2026 01:40 PM

Rio de Janeiro. A leading consulting firm has projected that during the 2025-26 season, Brazil's total soybean production is likely to surge to an all-time high of 181.6 million tonnes—an estimate approximately 1 percent higher than the forecast made in its April report. Brazil is the world's largest producer and exporter of this vital oilseed.

The consulting firm's new report expresses optimism regarding a significant increase in the average national soybean yield rate. Harvesting and field preparation for the soybean crop in the country have now largely concluded. The estimated planted area for soybeans in the southernmost state—Rio Grande do Sul—has also been slightly revised upward; notably, this state ranks as the country's third-largest soybean-producing region.

According to the report, although weather and rainfall conditions in Rio Grande do Sul were not entirely favorable this season—and the crop faced natural calamities in certain areas—soybean production in the state is still expected to reach 21 million tonnes. In Rio Grande do Sul, the sowing and harvesting of soybeans typically take place later than in other regions. Following Mato Grosso and Paraná, Rio Grande do Sul is considered Brazil's third-largest soybean-producing state.

Generally, soybean production estimates from government agencies—such as CONAB—the U.S. Department of Agriculture (USDA), and other organizations range between 177 million and 179 million tonnes; however, this consulting firm's projection exceeds 180 million tonnes.