Brazil: Oilseeds and Products Annual
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Post forecasts that Brazilian producers will expand soybean planted area to 48.2 million hectares (ha) in the 2025/26 season, up from an estimated 47.3 million ha in 2024/25. Soybean production for 2025/26 is projected to reach 173 million metric tons (mmt), an increase from the estimated 169.5 mmt harvested this season. Soybean exports are projected to reach record levels this season, with total exports estimated at 108.3 MMT for MY 2024/25 and 112 mmt for MY 2025/26. Similarly, peanut and palm oil planted area and production are expected to increase, driven by new market opportunities and the rise in demand for product derivatives. Following Brazil’s emergence as the world's leading cotton exporter in MY 2023/24, cottonseed area and production are forecast to continue rising in the 2025/26 season, supported by domestic opportunities, strategic planting decisions (second crop), profitability, and growing global demand.