12/17/2025 Brazil Producing 3 X More Soybeans Than They Need

12/17/2025 Brazil Producing 3 X More Soybeans Than They Need PLEASE REFER TO THE BROKER COMMENTARY PAGE FOR UPDATES!! Click Above to Watch Brian’s Afternoon Market Update I am looking for holes in Brazil’s weather forecast and am not having much success finding any.  The Northern tier of Brazil will see 2” to 6” in most areas.  RGDS and Argentina take a little break from precipitation this week, but we see abundant rainfall coming right back by Christmas.  Additionally, the long-term rainfall anomaly shows above average precipitation across Brazil through the end of January.  A little while ago, I would have said Brazil would struggle to average 54 bpa on 121 million acres.  The solid weather forecast might make me out to be a liar.  Usually, you find at least some weather issue in such a large geographical area, especially with the distinct La Niña climate pattern.  But any major drought risk from La Niña seems to have faded away. Figure 1: Two-week Rainfall Forecast I spoke with a seed dealer in Mato Grosso who said they are already beginning the first of their two soybean harvests there.  I asked him to explain what he meant by two harvests.  He said there are…