CONAB: Brazil’s Soybean Harvest Progress Reaches 99.7% as of May 29

June 5, 2026, 3:46 PM

LYDD-Global

Guide

Highlights at a glance

CONAB’s latest report shows Brazil’s 2025/26 soybean harvest is nearly complete at 99.7% as of May 29—up from 99.0% weekly and above the 5-year average (98.8%), though slightly below last year’s 99.8%. Reflecting strong performance, CONAB raised its output forecast to a record 180.13 million metric tons (+5.0% YoY), driven by expanded planted area (48.72 million ha, +2.9% YoY) and higher yield (3,698 kg/ha, +2.1% YoY). This marks a 978,000-ton upward revision from its prior estimate.

Brazil’s National Supply Company (CONAB) released its weekly crop progress report on Monday, stating that the country’s 2025/26 soybean harvest stood at 99.7% complete as of May 29. The figure marks an improvement from the prior week’s 99.0%, a slight drop from the 99.8% recorded in the same period a year earlier, and sits above the five-year average of 98.8%.

Background

On May 14, CONAB projected Brazil’s 2025/26 soybean output would hit a record high of 180.1296 million metric tons, an upward revision of 978,000 tons from its previous monthly estimate and a year-on-year increase of 5.0%.

The planted soybean area was revised up to 48.716 million hectares from the earlier monthly forecast of 48.473 million hectares, rising by 2.9% year on year. The national average yield is estimated at 3,698 kilograms per hectare, compared with the prior forecast of 3,696 kilograms per hectare, representing a 2.1% annual gain.

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