Brazil: Check out the projections for soybeans in 2025

Published 2024년 12월 12일

Tridge summary

The Brazilian Association of Vegetable Oil Industries (Abiove) has revised its forecasts for the soybean complex in 2025, predicting record numbers for production, sale, and exports of soybeans and their derivatives. The production of soybeans is expected to reach a record 168.7 million tons, with crushing expected to reach 57 million tons. Soybean meal production is projected at 44 million tons, and oil at 11.4 million tons. Exports are also expected to reach new levels, with soybeans reaching 104.4 million tons, bran reaching 22.9 million tons, and soybean oil remaining at around 1.05 million tons, totaling US$ 50.8 billion in revenue. However, oil imports are expected to grow to 150 thousand tons, while soybean imports are expected to reach 500 thousand tons.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The Brazilian Association of Vegetable Oil Industries (Abiove) revised its forecasts for the soybean complex in 2025, highlighting record numbers for the production and sale of the grain and its derivatives. Production is expected to reach 168.7 million tons, while crushing is expected to reach 57 million tons. Soybean meal production is projected at 44 million tons, and oil at 11.4 million tons. Exports are also expected to reach new levels, with soybeans reaching 104.4 million tons, bran reaching 22.9 million tons and soybean oil remaining at around 1.05 million tons. Total revenues from exports are expected to total US$ 50.8 billion. In addition, oil imports are expected to grow to 150 thousand tons, while soybean imports are expected to reach 500 thousand tons, to complement the domestic market. Regarding 2024, projections did not ...

Source: CanalRural