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EN
Cargill projects grain surge in Brazil on record soybean harvest
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The Cattle Site
The optimism expressed by Sousa reflects a record 2025 soybean harvest and beneficial weather for Brazil's second corn crop, which accounts for about 75% of national corn output in a given year.
This compares to 45 million tons in 2024, when Brazil produced a smaller soybean crop due to drought in key growing regions.
In 2023, Cargill had a record profit of 2.5 billion reais in Brazil.
According to Sousa, the trade war may divert Chinese demand for products produced in Brazil such as Brazilian soybeans.
Sousa said Cargill this week hopes to be a competitive bidder at a government auction of port terminals in Paranagua and Porto Alegre.
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