Brazil’s Soybean Production Estimated to Reach Record 178.5 Million Tons

03-Nov-2025 05:45 PM

Rio de Janeiro: The Brazilian Association of Vegetable Oil Industries (ABIOVE) has projected that soybean production in Brazil will rise sharply to a record 178.5 million tons in the 2025–26 season, up nearly 4% from the revised 176.8 million tons estimated for 2024–25. Meanwhile, the government agency CONAB has forecast domestic soybean output at 177.6 million tons for 2025–26. Earlier, the 2024–25 crop estimate stood at 170.3 million tons, which was later revised upward by 1.5 million tons.

Based on the expected higher output, ABIOVE anticipates that soybean exports from Brazil will increase by 1.4% to 111 million tons, while domestic crushing is projected to rise 3.4% to 60.5 million tons. Similarly, soymeal production is expected to grow 3.3% to 46.6 million tons, with exports likely to rise 4.2% to 24.6 million tons. Soybean oil production in 2025–26 is projected to increase 3.8% to 12.15 million tons, while domestic consumption may jump 4.8% to 11 million tons.

The Brazilian government recently increased the mandatory blending requirement for biodiesel from 14% to 15%, further boosting domestic demand for soybean oil.

Notably, Brazil—located in Latin America—remains the world’s largest producer and exporter of soybeans, while also exporting significant quantities of soymeal and soybean oil. The majority of Brazil’s soybean exports go to China, whereas India mainly imports soybean oil from Brazil. Soybean planting activity is currently in full swing across major producing regions.