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  Brazil Soybean Production Set to Break Records.   Soybeans have become one of the most important crops in the world, providing a vital source of protein and oil for both humans and animals. In South America, Brazil and Argentina are two of the largest producers of soybeans, with Brazil in particular poised to break records in the coming year. South American Soybean Production. Argentina Continues to struggle. South American Soybean Production: Brazil Set to Break Records, Argentina Continues to Struggle.   Brazil's Soybean Production Boom.   According to the United States Department of Agriculture (USDA), Brazil is projected to produce 144 million metric tons of soybeans in the 2021/2022 season, a new record high. This increase is due in part to favorable weather conditions, as well as continued expansion of soybean cultivation in the country.   Brazil has been steadily increasing its soybean production over the past few decades, with a 30%...