Brazil to harvest a record soybean crop in 2026/27, consultancy says
In Brazil, G1 reported that consulting firm Safras & Mercado estimates that Brazil will harvest a record crop of 180.1 million tons in 2026/27.
The volume represents a growth of 0.98% compared to the previous cycle, but the expansion should be limited by tighter profit margins for producers and by concerns about the possible effects of the El Niño climate phenomenon.
Planting of the new crop should begin in mid-September. According to the consultancy, the area dedicated to soybeans should grow by 1.2%, reaching 49.1 million hectares.
According to Safras & Mercado analyst Rafael Silveira, the outlook remains for increased production, provided that El Niño does not cause significant weather problems during crop development.
Category: Food & Agriculture
