Brazil projects 110 million tonnes of soybean exports in 2026–2027 season

Brazil is preparing to set a new record for soybean exports in the 2026–2027 season, with shipments projected to reach 110 million tonnes, according to estimates by Safras, a TV BRICS partner.

National production is forecast at 180.089 million tonnes, driven by a 1.2 per cent increase in the cultivated area. Combined with carryover stocks of 9.7 million tonnes and imports of 900,000 tonnes, total supply is expected to reach approximately 190.7 million tonnes, ensuring ample availability of the commodity on the Brazilian market.

Analyst Rafael Silveira noted that demand is expected to continue growing in both international and domestic markets, driven by increased soybean processing and the expanding use of soybean oil for biodiesel production.

In the soybean meal market, production is projected at 50.1 million tonnes, with ending stocks expected to reach approximately 10.9 million tonnes. Soybean oil production is estimated at 12.38 million tonnes, while domestic consumption is expected to continue expanding due to demand from the biodiesel industry, which could reach 7 million tonnes.

Source: TV Brics

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