Brazil is expected to produce 180.1 million tonnes of soybeans in the 2026/27 season, with exports forecast to reach a record 110 million tonnes, according to Safras & Mercado. Total supply is projected at 190.7 million tonnes, supported by 9.7 million tonnes of beginning stocks and 900 thousand tonnes of imports. Domestic crushing is expected to rise to 63.5 million tonnes, driven by stronger biodiesel demand, while ending stocks could reach a record 13.6 million tonnes. For the 2025/26 season, the consultancy raised its export forecast to 108 million tonnes and increased its soybean crushing estimate to 62.5 million tonnes.
Source: Portal do Agronegócio
