StoneX raises outlook for Brazil's 2025/26 soybean crop

Reuters01-06
StoneX raises outlook for Brazil's 2025/26 soybean crop

SAO PAULO, Jan 5 (Reuters) - Brazil's soybean production is expected to reach 177.6 million metric tons in 2025/26, consultancy firm StoneX said on Monday, raising its outlook by 0.2% from a December projection.

  • The revision reflects higher yields in top farm state Mato Grosso and favorable December weather, StoneX said.

  • "The outlook remains optimistic, pointing to record production, though late areas depend on favorable weather through mid-March," it said in a statement.

  • The country's total corn crop was estimated at 134.3 million tons in 2025/26, roughly unchanged from a previous forecast.

(Reporting by Roberto Samora; Writing by Fernando Cardoso; Editing by Gabriel Araujo)

((fernando.cardoso@thomsonreuters.com;))

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