According to Abiove (Brazilian Association of Vegetable Oil Industries), Brazil’s soybean harvest in 2025 is expected to reach a record 168.7 million tons, up 1 million tons from the November prediction. Exports showed a slight positive adjustment, indicating greater ending stocks. According to the association’s prediction, the expected export volume increased by 300,000 to 104.4 million tons, a 6.2% increase over 2024. Brazil is expected to process a record 57 million tons of soybeans in 2025, up 4.6% from 2024, according to Abiove. Brazil’s soybean ending inventory is expected to be 9.5 million tons, more than four times the prediction for 2024.
Sources: Forbes Agro/Reuters (*Translated by Ia Niani)