Brazil becomes world’s largest soybeans producer for the first time

Brazil will surpass the United States as the largest producer of soybeans this year, taking over the top ranking for the first time in history. The U.S. is expected to harvest 116.48 million tons of soybeans later on in 2018, falling short of Brazil’s estimated collection of 117 million tons for its crop year that is just drawing to a close. Brazil, already the world’s largest soybean exporter, is expected to expand this lead in the coming years thanks to its unique ability to expand planted area.