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Brazil is set for another substantial corn harvest in 2025–26, with record demand driven by the continued expansion of corn ethanol production, while global supply, trade and pricing trends shape the outlook for the years ahead.
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Libin Zhou is the Agriculture Research Manager at LSEG, where she has managed grain and oilseed supply and demand research for over a decade. She specializes in crop production forecasting, agricultural trade flows analysis, and grain and oilseed market analysis. Libin holds a Ph.D. in Geography from Florida State University.
Nathalia Giannetti is a senior reporter at Argus AgriMarkets and Argus Brazil Grains and Fertilizers, based in Sao Paulo. Nathalia has been covering Brazilian agriculture markets since 2023, with focus on corn, soybeans and soybean meal. She expanded Argus agricultural coverage to Brazil's Northern Arc ports and soybean meal market.