In 2025, the agribusiness macroeconomic landscape was defined by ample grain supply and its direct impact on commodity prices. Soybeans began the year under significant price pressure due to high carryover stocks and the prospect of a record Brazilian harvest. However, by the second half, Brazil solidified its role as the world’s leading supplier, exporting 107.5 million tons over the year. Corn saw domestic price appreciation in the first half. But later, record production, coupled with a drop in exports driven by a stronger Real and higher export parity, created a domestic surplus that pushed prices downward.
Source: Agrolink (*Translated by Ia Niani)