Brazil Sets Record for Grain Harvest as Soybeans, Corn, Cotton Drive Gains

Brazil is set to harvest a record-breaking 361.7 million metric tons of grains and fibers in the 2025/26 crop year, according to Conab, the country's food supply and crop agency.

This represents a 2.6% increase from the previous season and a 0.3% bump above August estimates. The gains are mainly driven by soybeans, corn, and cotton, which are expected to see significant increases in production and exports.

Soybean output is projected at 180.4 million metric tons, the highest ever recorded in Conab's monitoring series. This represents a 5.2% increase from the previous cycle, supported by a 2.7% expansion in planted area and a 2.5% gain in yields.

Cotton production is forecast at 4.14 million metric tons in the 2025/26 cycle, the highest volume in the historical series. Even with a 3.2% decline in planted area, crop productivity is expected to rise 4.9%, reaching a record 2,053 kg of lint per hectare.