LUBBOCK, TEXAS (RFD NEWS) — Brazil’s expanding crop production continues to reshape global markets, raising competitive pressure for U.S. producers as the Southern Hemisphere growing season moves forward. William Maples, Extension economist with Mississippi State University, says early indicators from Brazil suggest another year of heavy export competition for soybeans, corn, and cotton.
Soybean harvest has just begun, with national progress still below 1 percent as of mid-January. USDA projects Brazilian soybean production at 178 million metric tons, equivalent to roughly 6.5 billion bushels, which would mark a new record if achieved. Strong demand from China and Brazil’s B15 biodiesel mandate continues to support expansion. Exports are forecast at 114 million metric tons, or about 4.2 billion bushels, compared with projected U.S. exports of 1.6 billion bushels.
Corn outlooks carry more uncertainty. Brazil is projected to produce 131 million metric tons of corn, roughly 5.2 billion bushels, about 2 percent below last year. La Niña risks and delays in soybean harvest could limit planting of second-crop safrinha corn, which now accounts for nearly four-fifths of Brazil’s total corn output.
Brazilian cotton production is projected at 18.75 million bales, up 10 percent from last year, reinforcing Brazil’s position as the world’s leading cotton exporter.
Farm-Level Takeaway: Large Brazilian crops heighten downside price risk if weather allows production to reach projected levels.
Tony St. James, RFD NEWS Markets Specialist
Record crops are increasing grain storage needs, prompting safety experts to remind producers of the risk of grain bin entrapment during harvest.
October 16, 2025 01:26 PM
·
The impacts of the government shutdown have reached commodity growers with crops to move, ag economists monitoring the harvest without key data reporting, and meat producers in need of new export markets.
October 16, 2025 01:03 PM
·
In a statement provided to RFD-TV News, a USDA spokesperson reiterated President Trump and the USDA’s commitment to farmers in difficult economic times.
October 16, 2025 11:57 AM
·
Support policies that keep U.S. biofuels at the table—marine demand could materially lift corn grind, crush margins, and rural jobs.
October 15, 2025 03:47 PM
·
China is not one of our top suppliers of cooking oil, according to USDA ERS data, but does export a lot of used cooking oil to the U.S. for biofuel production.
October 15, 2025 12:13 PM
·
Industry leaders say $11 billion in new investments could turn the tide as dairy producers face shrinking margins and growing uncertainty.
October 15, 2025 11:53 AM
·
Export Inspections In Bushels Show Mixed Momentum Patterns
October 15, 2025 11:38 AM
·
Lewis Williamson with HTS Commodities joined RFD-TV’s Market Day Report to share insight into what’s happening on the ground and in the markets.
October 14, 2025 04:30 PM
·
New U.S. fees on Chinese-owned and built ships took effect overnight, marking the latest escalation in maritime trade tensions between Washington and Beijing.
October 14, 2025 11:33 AM
·