Soybeans

Brazil’s soybean sector is projected to grow in 2025/26, with post revising the total projected planted area to 49.1 million hectares and estimated production reaching 176 million metric tons in 2026, driven by favorable weather and technological advances.

In 2024, Southern Africa faced a severe drought, leading to a significant decline in corn and soybean production, which caused rising food inflation and economic challenges.

Brazil and the People’s Republic of China (PRC) are in the initial stages of potentially developing a dedicated soybean supply chain tailored to meet Chinese sustainability and quality standards.

Private exporters reported sales of corn, soybeans, and soybean cake and meal to unknown destinations.

Private exporters reported sales of 119,746 MT of soybeans for delivery to Mexico during MY 2025/2026.

Private exporters reported sales of 110,000 MT of soybeans for delivery to Egypt during MY 2024/2025.