Soybean production is expected to reach 170 million tons in 2025

The Brazilian Association of Vegetable Oil Industries (Abiove) released projections for the Soybean Complex in 2025. The data confirm the record outlook for the sector and were accompanied by positive monthly performance. Estimates for the year remain high.

Soybean production is expected to reach 170.3 million tons, while crushing is projected at 58.5 million tons, an increase of 0.7%. Soybean meal and soybean oil production are expected to total 45.1 million and 11.7 million tons, respectively, increases of 0.7% and 0.4%.

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According to Daniel Furlan Amaral, Director of Economics and Regulatory Affairs at Abiove, the growth in crushing demonstrates that the industry is maintaining a consistent pace, supported by demand for meal and exports, in addition to increased domestic consumption of biodiesel oil. "The advancement of B15 reinforces biodiesel's role as a key driver of the supply chain and consolidates the product as the most efficient and sustainable biofuel available in the world," he emphasizes.

In the international scenario, the outlook remains positive. Brazil is expected to export 109.5 million tons of soybeans. Exports of soybean meal are expected to remain at 23.6 million tons, as are soybean oil, forecast at 1.35 million tons. Soybean oil imports are estimated at 100,000 tons, while soybean imports are expected to increase by 800,000 tons, to supplement domestic supply.

In July, processing totaled 4.7 million tons, an increase of 3.4% compared to June. Compared to July 2024, the increase was 6.1%, when adjusted for the sample percentage. Year-to-date, processing reached 30.6 million tons, an increase of 6.1% compared to the same period of the previous year.