U.S. Department of Agriculture Keeps Argentina and Brazil 2025/2026 Soybean Output Forecasts Unchanged

The U.S. Department of Agriculture kept its soybean production forecasts for Argentina and Brazil for the 2025/2026 marketing year unchanged. According to Jin10, the USDA maintained its forecast for Argentina’s 2025/2026 soybean output at 50 million metric tons, compared with a market expectation of 50.08 million metric tons. The USDA also kept its forecast for Brazil’s 2025/2026 soybean output at 180 million metric tons, versus a market expectation of 180.328 million metric tons.