Soybean exports hit a record in October

Brazilian soybean exports in grain reached 6.73 million tons in October 2025, a historic record for the month. The boost came mainly from China, which increased its demand amid trade tensions with the US. According to data released by Imea, from January to October 2025, Brazil exported 100.60 million tons of soybeans, an increase of 6.73% compared to the same period of the previous year, according to data from the Secretariat of Foreign Trade (Secex). In October alone, shipments grew by 42.84% compared to the same month in 2024. China, traditionally a buyer of US soybeans at this time of year, was responsible for 91.65% of the total exported by Brazil in the month. The change in the Asian giant's purchasing route is due to geopolitical uncertainties involving major economic powers, favoring the Brazilian product. Mato Grosso, the main producing state, shipped 1.04 million tons of soybeans in October—a 17.77% increase from September—contrary to the downward trend in exports in the ...