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harvest
World / 11 weeks ago
South America set for record soybean harvest as Brazil leads the charge
South America, the engine room of global soybean production, is gearing up for what could be a record-breaking harvest. The region, responsible for more than half of the world’s soybean supply, is showing renewed strength, led by Brazil’s extraordinary output and Argentina’s resilience despite challenging weather conditions. According to the Department of Agricultural and Consumer Economics at the University of Illinois, Brazil is expected to produce around 6,150 million bushels of soybeans in the 2024/25 season, up from 5,428 million the previous year, cementing its position as the undisputed global leader.
World / 13 weeks ago
India surpasses China to become the new rice powerhouse
For decades, China held the top spot in global rice production. But data is now showing a pivotal shift: India has overtaken China, producing an estimated 150 million metric tons of rice in the 2024–25 marketing year, about 27–28% of global output, according to the USDA. At the same time, China trails closely behind, producing around 145 million metric tons. This shift comes on the heels of record-breaking harvests and a boom in acreage. The USDA’s World Agricultural Outlook Board highlights that India has expanded its harvested rice area to 50–51 million hectares, delivering yields that are among the highest seen, driven by favourable monsoon rains, government support via minimum support prices (MSP), and high-performing seed varieties.
