October DealsAmazon USOctober deal check: compare before you payAmazon US: current deals, useful picks and tech finds.Check DealsWindows FixRecommendedWindows errors stealing your time? Find the fix fastScan stability, cleanup and performance issues.Fix NowOctober DealsAmazon USDeal season is back - check today's better picksAmazon US: current deals, useful picks and tech finds.See Picks×
Skip to content
The Finance Base
The Money Desk · Blog
Re:

Why StoneX and Celeres Raised Brazil’s 2025/26 Soybean Forecasts

StoneX and Celeres raised their February 2026 Brazil soybean forecasts as harvest yields surprised positively. Later StoneX and Conab estimates show how forecasts evolved.
From TheFinanceBase Team3 min to read

What’s actually slowing this PC down?

Pick the symptom - the matching free tool is one click away.

Special offer. See more information about Outbyte and uninstall instructions. Please review EULA and Privacy policy.

StoneX and Celeres raised their estimates for Brazil’s 2025/26 soybean crop in February 2026 after harvest results, especially yields in some regions, came in better than expected. Reuters reported StoneX’s estimate at 181.62 million metric tons and Celeres’ at 181.3 million metric tons on February 2. Those were forecasts—not final production figures—and later estimates changed the picture.

What changed in the February forecasts?

On February 2, 2026, Reuters reported that StoneX raised its Brazil soybean estimate to 181.62 million metric tons from 177.61 million, a reported year-over-year increase of 7.6%. Celeres lifted its estimate to 181.3 million metric tons from 177.2 million. Celeres said the projection would represent a record crop, 5% above 2024/25. Reuters’ February 2 report attributed the revisions to yields that had exceeded prior expectations in some places.

StoneX’s own February release rounded its estimate to 181.6 million tonnes, four million tonnes above its previous forecast. The difference between 181.62 million in Reuters’ report and 181.6 million in StoneX’s release reflects source-specific precision, not a separate estimate. StoneX reported planted area of 48.7 million hectares and a national average yield of 3.73 tonnes per hectare, saying both area and yield adjustments contributed to its increase. StoneX’s February release noted that weather irregularities left some areas more variable even as the outlook remained positive.

Why did the companies raise their estimates?

Harvest yields surprised on the upside

The central reason was new information as the harvest progressed: yields in some regions were better than expected. Celeres said, “With the start of the 2025/26 harvest, some regions have surprised positively in terms of yields.” It also said that favorable weather during much of the crop cycle made southern Brazil stand out that season. Reuters did not identify an individual speaker for those Celeres comments, so they are attributable to the consultancy.

Special offer. See more information about Outbyte and uninstall instructions. Please review EULA and Privacy policy.
#1 Best Overall
40 Soy Bean Midori Giant Edamame Heirloom Vegetable Seeds, Glycine Max
  • High Yield Bush Growth: midori giant edamame seeds form 24-36 inch nitrogen-fixing bushes, rewarding vegetable garden growers in USDA 3-9 with crunchy pods rich in complete protein.
  • Fast Germination: soybean seeds for planting sprout in 5-10 days at 70-90 °F, letting home garden beginners harvest tender edamame in just 80 days while heirloom seeds thrive in loamy soil.
  • Nutrient-Rich Snack: soy beans deliver sweet nutty flavor and buttery texture; boil or freeze for soy-protein snacks, soy bean seeds to plant are ideal for survival gardening fans seeking clean non gmo edamame.
  • Easy Direct Sow: edamame seeds for planting outdoors need 1" depth and 12" spacing, no trellis required; bush habit suits containers or raised beds, making veggie seeds ideal for small spaces.
  • Disease-Smart Cultivation: edamame seeds to plant resist common pests when grown in full sun and evenly moist soil; gardening kit growers mulch to conserve water and pick bright green pods before they yellow.

StoneX adjusted both area and yield

StoneX’s February numbers imply that its revision was not solely a yield call: the firm cited adjustments to planted area as well as productivity. Its analyst Ana Luiza Lodi told Reuters, “As the harvest progresses, the outlook remains quite positive, despite some areas showing greater variability due to weather irregularities.” That qualification matters: a favorable national estimate did not mean weather conditions or results were uniform across Brazil.

How the estimates compare—and why they differ

Publisher and vintage Production estimate and revision Area and yield assumptions How to read it
USDA Economic Research Service, January 2026 178.0 million metric tons, raised by 3.0 million tonnes 49.1 million hectares; 3.63 tonnes per hectare A dated independent forecast based on higher harvested acreage and yield. USDA’s January outlook
StoneX, February 2026, as reported by Reuters 181.62 million metric tons, up from 177.61 million 48.7 million hectares; 3.73 tonnes per hectare in StoneX’s own release Private consultancy forecast raised during harvest; Reuters reported the production figure. Reuters and StoneX
Celeres, February 2026, as reported by Reuters 181.3 million metric tons, up from 177.2 million Not stated in Reuters’ report Private consultancy forecast; Celeres described it as a record and 5% above 2024/25. Reuters
StoneX, May 4, 2026 181.6 million tonnes, after a further increase of nearly two million tonnes 49.1 million hectares; 3.7 tonnes per hectare A later private forecast vintage; StoneX cited yield revisions, an area reassessment in Rio Grande do Sul and localized weather losses. StoneX’s May release
Conab, 12th survey, September 15, 2026 180.4 million tonnes Not stated in the cited survey summary Later government survey estimate, described by Conab as a record; it is not presented here as a final outturn. Conab’s September survey announcement

These figures are not perfectly like-for-like. The USDA number is a January forecast; the StoneX and Celeres figures are private consultancy forecasts reported in February; and Conab’s September figure is a later government survey estimate. Each reflects a different publication date, information set and methodology. The lower January USDA estimate does not, by itself, show that one forecaster was wrong.

Rank #2
Hale Habitat & Seed Conventional Soybean Food Plot Seed, 5 lbs
  • Your hunt is in the bag - we deliver more quality seed for your money!
  • Certified seed for maximum growth and attractant
  • 1 bag (5 lbs) plants approximately 1/10 acre
  • High protein and highly preferred forage for deer
  • Non-GMO - ideal for mixing with other food plot seeds
Independent reader supportYour contribution helps us test, update, and keep practical guides available for everyone.Support on Ko-Fi

What changed after February?

StoneX’s May 4 release kept its estimate at 181.6 million tonnes after a further upward revision of nearly two million tonnes. It reported 49.1 million hectares of planted area, an average yield of 3.7 tonnes per hectare and ending stocks of 8.41 million tonnes. StoneX attributed the changes mainly to yield revisions and an area reassessment in Rio Grande do Sul, while also noting localized weather losses.

Conab’s 12th survey, published September 15, 2026, estimated soybean production at 180.4 million tonnes and described the volume as a record, citing expanded planted area and improved average productivity. Conab estimated total Brazilian grain production at 361.7 million tonnes. This later government estimate makes clear why the February consultancy figures should be treated as a snapshot rather than the crop’s final word; the cited survey is an estimate, not a verified final outturn.

Special offer. See more information about Outbyte and uninstall instructions. Please review EULA and Privacy policy.
Best Value
Outsidepride Soybean Seeds - 5 lbs High-Protein & High Yield Heirloom Variety Soy Beans, Ideal for Oil Processing, Forage, Animal Food Plots, & Wildlife Feed for Poultry & Other Farm Animals
  • HEIRLOOM VARIETY & HIGH YIELD: Outsidepride soy bean seeds is a robust heirloom strain known for its high yield, producing over 3 bushels per acre more than the popular Manokin variety, making it a valuable choice for maximizing harvest output. This variety is perfect for outdoor gardening enthusiasts looking to optimize their yard space.
  • RICH IN PROTEIN & OIL WITH VERSATILE USES: Containing about 18% oil and 38% protein, this soybean variety is perfect for producing high-quality soy bean oil and protein-rich meal. These soybeans can be processed into a wide range of products, including soy milk powder, soy flour, soy protein, tofu, and various industrial non-food products, showcasing its versatility. Ideal for making various soy-based meals such as edamame snacks.
  • OPTIMAL PLANTING GUIDELINES FOR MAXIMUM YIELD: For best results, plant soybean seeds at a depth of 0.75 to 1.5 inches, with row spacing between 7.5 and 15 inches, depending on soil type and tillage. This ensures uniform seed placement and optimal growth, adapting well to midwestern states and capturing a significant percentage of non-GMO acres.
  • HIGH-PROTEIN ANIMAL FEED: The high-protein fiber left after oil extraction is ideal for animal feed, particularly for poultry and swine industries, which consume over half of the processed soybean meal. This meal is also crucial for cattle, other farm animals, and pets, ensuring they receive the necessary nutrients for growth and development. A great addition to feed mixes for cowpeas and other legumes.
  • ECONOMIC AND NUTRITIONAL: As the most economically important bean globally, soybeans provide essential vegetable protein for millions and are key ingredients in hundreds of chemical products. A 60-pound bushel of our soybeans seed yields about 11 pounds of crude soybean oil and 47 pounds of soybean meal. Beneficial for producing shelf-stable goods for long-term use.
Rank #4
Sow Right Seeds- Chiba Green Soybean Seed for Planting Japanese Edamame 2pk
  • Beautiful - Large full-color packet of Chiba Green Soybean (glycine max) seeds. These useful legumes have deep roots that fix nitrogen to the soil and help the plants survive heat and dry periods. Excellent cover crop and food source for a variety of animals such as deer, cattle, rabbits and chickens. Minimum of 13 g per packet (about 40 seeds).
  • Productive - Chiba Green Soybean germinates in 10-14 days when soil temps are 65-75°F. Plant 1” deep and space 4-6” apart in an area with full sun. This variety will grow 1-3’ tall with a spread of 12-16”. Beans will mature in 65-75 days, plant in USDA zones 3-10.
  • Good Eats - Harvest when pods are green and enjoy edamame or allow the pods to dry and shell to eat them boiled or steamed.
  • Easy to Grow - Instructions included on each packet. Plus, we are available to answer all your questions. If these seeds don’t germinate, we will happily make it right for you.
  • Safe and Sustainable - Our operation is fully solar powered, and Sow Right Seeds has taken the Safe Seed Pledge to sell only fresh Non-GMO heirloom seeds for you and your family.
Rank #3
Sale
Sow Right Seeds - Chiba Green Soybean Seed for Planting Japanese Edamame
  • Productive - Chiba Green Soybean germinates in 10-14 days when soil temps are 65-75°F. Plant 1” deep and space 4-6” apart in an area with full sun. This variety will grow 1-3’ tall with a spread of 12-16”. Beans will mature in 65-75 days, plant in USDA zones 3-10.
  • Good Eats - Harvest when pods are green and enjoy edamame or allow the pods to dry and shell to eat them boiled or steamed.
  • Easy to Grow - Instructions included on each packet. Plus, we are available to answer all your questions. If these seeds don’t germinate, we will happily make it right for you.
  • Safe and Sustainable - Our operation is fully solar powered, and Sow Right Seeds has taken the Safe Seed Pledge to sell only fresh Non-GMO heirloom seeds for you and your family.

Product prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on Amazon at the time of purchase will apply.

Leave a Reply

Your email address will not be published. Required fields are marked *

Special offer. See more information about Outbyte and uninstall instructions. Please review EULA and Privacy policy.

More post from the Money Desk

  1. The Money DeskBlogTheFinanceBase09 OCT 267 minMortgage Escrow FAQs: Taxes, Insurance, Shortages, and Refunds
  2. The Money DeskBlogTheFinanceBase09 OCT 265 minHow Mortgage Escrow Accounts Work and What Homeowners Pay For
  3. The Money DeskBlogTheFinanceBase09 OCT 265 minHow to Read a Stock Chart, Volume and Market-Cap Data
Recommended PC Tool
Recommended PC Tool
Outdated Drivers Are Slowing You DownFree scan - exact matches
PC Slower Than It Used to Be?Free scan - under a minute

Two free Windows tools

One Free Minute Could Fix That PC

Before you go - each of these free tools takes about a minute and tackles what quietly slows a Windows PC down.

Special offer. View Outbyte info, uninstall instructions, EULA, and Privacy Policy.