Soybean exports more than doubled in March.

International demand supported soybean and soybean meal prices in the foreign market over the past week, while soybean oil followed the opposite trajectory, influenced by the devaluation of oil.

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In Brazil, soybean complex prices have fallen across the board, according to a survey by CepeaThe pressure stems from a combination of increased domestic supply and the appreciation of the real against the dollar, a factor that reduces the competitiveness of exports.

In foreign trade, the data from Secex They show strong progress in shipments of soybeans. In March, the country exported 14.51 million tons, a volume more than twice that of February (+105.29%) and slightly lower than that recorded in the same month of 2025 (-0.96%).

Soybean meal exports maintained a high pace and reached a record high for March, with 1.92 million tons exported.

Soybean oil, however, showed a decline. Shipments totaled 176,910 tons in March, a drop of 13,021 tons compared to the previous month. According to... CepeaThe decline is associated with lower demand from markets such as India and Uruguay, as well as the absence of China among the buyers during this period.