Brazil’s Soybean Production and Exports to Reach Record Highs
2026/04/01
Brazil is expected to Soybean production and exports are set to reach record levels in 2026–27, marking the third consecutive year of new highs.
According to the Foreign Agricultural Service of the United States Department of Agriculture According to a report by FAS, output is projected to reach 184 million tonnes, representing a 3.3% increase over the estimated 178 million tonnes for the 2025–26 marketing year.
“While the increase in output is partly attributable to the anticipated expansion of planted acreage, it can also be credited to improvements in farming practices—such as greater adoption of no-till methods and more efficient resource management—as well as investments in technology and machinery over the past few growing seasons,” the U.S. Department of Agriculture’s Foreign Agricultural Service stated.
Export volume is expected to reach 117.5 million tonnes, up 3.9% from the 2025–2026 projection. According to the U.S. Department of Agriculture’s Foreign Agricultural Service (FAS), this growth is primarily driven by ample supply and steady demand from China. The FAS also notes that the recent strengthening of the Brazilian real against the U.S. dollar may dampen export expansion.
Brazil is a major global producer of oilseeds, accounting for nearly one-quarter of the world’s total supply. It is expected that in In the 2026–2027 marketing year, Brazil is expected to produce 192 million tonnes of soybeans, cottonseed, palm kernel, and peanuts. Soybeans account for more than 95% of the country’s total oilseed output.
United States Department of Agriculture Foreign Agricultural Service ( The FAS reports that soybean acreage is projected to reach 50.5 million hectares in the 2026–2027 marketing year, up 2.8% from the previous year. Although this increase remains substantial, it is lower than the average annual growth rate over the past five years (estimated at 4.2%), which may signal a slowdown in the pace of expansion of soybean acreage.
“This trend reflects the agricultural economic outlook for the 2025–26 marketing year, with high interest rates, elevated production costs, and stagnant prices leading to declining producer margins,” the U.S. Department of Agriculture’s Foreign Agricultural Service stated.
The estimated average soybean yield nationwide in Brazil is per hectare. 3.64 tonnes. Compared with the 2025–2026 forecast, the increase is less than 1%, but nearly 6% higher than the average yield over the past five years.
United States Department of Agriculture Foreign Agricultural Service ( The FAS estimates that soybean processing volume will reach 62 million tonnes in the 2026–27 marketing year, representing a 1.6% increase. This is primarily attributable to ample soybean supplies and steadily growing domestic demand for soybean oil and soybean meal.
Expected Soybean meal production is projected to reach 47.4 million tonnes in 2025–2026, up 2%. Domestic soybean meal consumption is expected to total 21.7 million tonnes, an increase of 3.3%, reflecting growth in beef and pork production.
Soybean oil production is expected to be At 12.8 million tonnes, domestic consumption is expected to rise to 11.1 million tonnes, an increase of 2.7%.
“The anticipated growth in oil and fat production and consumption is primarily driven by mandatory biodiesel blending mandates,” according to the U.S. Department of Agriculture’s Foreign Agricultural Service.
According to Brazil’s official biodiesel blending schedule, Brazil plans to The biodiesel blending ratio is to be increased to B16 by the end of March. However, the timetable indicates that this increase may be delayed due to the need for new technical validation and engine compatibility testing prior to implementation.
