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2026-09-15 20:54:09
[Brazilian Crop Monthly Forecast: Corn and Soybeans Both Increase Year-on-Year] ⑴ Brazil's National Supply Company (NSC), under the Ministry of Agriculture, forecasts in September that Brazil's corn production for the 2025/26 season is expected to reach 144.01 million tons, an increase of approximately 2.85 million tons (2.0%) year-on-year and approximately 1.06 million tons (0.7%) month-on-month. ⑵ Of this, the second-crop corn production is expected to reach 112.13 million tons, a decrease of approximately 1.1 million tons (1.0%) year-on-year and an increase of approximately 1.1 million tons (1.0%) month-on-month. ⑶ The corn yield is expected to be 6.37 tons per hectare, a decrease of approximately 92 kg (1.4%) year-on-year and an increase of approximately 46 kg (0.7%) month-on-month. ⑷ The second-crop corn yield is expected to be 6.29 tons per hectare, a decrease of approximately 205 kg (3.2%) year-on-year and an increase of approximately 60 kg (1.0%) month-on-month. (5) Regarding soybeans, the 2025/26 production is projected to reach 180.41 million tons, an increase of approximately 8.93 million tons, or 5.2%, year-on-year. (6) The soybean planting area is projected to be 48.61 million hectares, an increase of approximately 1.26 million hectares, or 2.7%, year-on-year. (7) The soybean yield is projected to be 3.71 tons per hectare, an increase of approximately 90 kg, or 2.5%, year-on-year. (8) Overall, total corn production has been slightly revised upwards month-on-month, but the second crop is still down year-on-year, while soybeans show a pattern of simultaneous expansion in both planting area and yield, indicating a generally ample supply expectation in South America.
