The soybean and biodiesel chain is expected to finish 2025 with positive outcomes. Research conducted by the Brazilian Association of Vegetable Oil Industries (Abiove) in collaboration with the Center for Advanced Studies in Applied Economics (Cepea) forecasts an 11.66% expansion for the industry this year. “Overall, the prospect of a robust increase in the GDP of the soybean and biodiesel chain for 2025 is supported by Brazil’s record 2024-25 soybean harvest and heightened grain processing by the industry. Consequently, the production chain’s GDP would account for 23% of agribusiness GDP and 5.7% of the national GDP this year,” Cepea emphasized.
Sources: Uniao Nacional da Bioenergia/Globo Rural (*Translated by Ia Niani)