High soybean shipments are driven by China and Southeast Asia

Soybean and biodiesel chain exports grew by 11.78% in the third quarter of 2025, totaling 35.54 million tons. According to data from Cepea, the advance in the volume shipped generated revenue of US$ 14.5 billion, a 4.47% increase compared to the same period in 2024. Despite the physical growth in exports, revenue increased at a slower pace due to the drop in international prices for soybeans and meal. The high global supply pressured prices, even in the face of heated external demand. China and Southeast Asia were the main drivers of the expansion in exports of soybeans, while Brazilian meal gained ground in the European Union and East Asia. On the other hand, soybean oil performed more weakly in foreign trade. Strong domestic demand limited availability for export, reducing shipments especially ...