In the 2025-26 season, Brazil’s soybean production is expected to reach a record 178 million tons. This estimate was provided by an analyst from Itaú BBA during an online event. The analyst also mentioned that despite some irregular weather conditions causing delays in planting, this estimate is higher than the U.S. Department of Agriculture's forecast of 175 million tons. The department anticipates that Brazil's soybean production in the 2024-25 season will be around 171.5 million tons. However, the analyst noted that the area planted with soybeans is expected to increase by approximately 1 million hectares (around 2.47 million acres) compared to the previous season, even though farmers are facing lower margins. The analyst further explained that the peak of the La Niña weather pattern between November and December created unusual conditions, leading to difficulties in planting. However, they added that there is a positive weather outlook for the coming weeks in Brazil’s central regions, suggesting good prospects for yields and ensuring a boost in production. The analyst also warned that the late soybean planting could negatively affect Brazil's second corn crop in the central-western states. Despite this, the advisory firm Agroconsult still expects Brazil's total corn production to exceed the U.S. Department of Agriculture's forecast of 131 million tons, potentially reaching 138-139 million tons. The U.S. Department of Agriculture had projected Brazil's corn production for the 2024-25 season at 136 million tons.