
Aprosoja/MS reported Mato Grosso do Sul's 2025/26 soybean production at 16.744 million tonnes, up 19.1% year on year, with yield at 60.40 sacks per hectare. Harvested area reached 4.62 million hectares, up 2.1%, and results beat initial estimates of 15.2 million tonnes.
Stronger-than-expected production in a major Brazilian soybean state adds to export supply, a mildly bearish factor for soybeans and meal.
After 788 past bearish report events, Soybeans moved a median -0.3% over 5 sessions (47% higher; middle half -2.0% to +1.5%), and -0.9% over 20.
After 399 past bearish report events, Soybean Meal moved a median -0.4% over 5 sessions (44% higher; middle half -2.4% to +1.2%), and -1.0% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.