The Gross Domestic Product (GDP) of the soybean chain is expected to grow by 11% with a record harvest and biodiesel.

The Gross Domestic Product (GDP) of the soybean and biodiesel chain is expected to grow by 11.29% in 2025, according to a study released by the Center for Advanced Studies in Applied Economics (Cepea/Esalq/USP), in partnership with the Brazilian Association of Vegetable Oil Industries (Abiove). According to the survey, the record production of 170.3 million tons of soybeans in the 2024/25 crop, coupled with increased industrial processing, supports the expansion of the sector. With this performance, the chain is expected to represent 21.1% of the agribusiness GDP and 6.1% of the national GDP this year. According to Cepea/Abiove, within the farm gate, the GDP is expected to register an increase of 23.39%, a result of increases in area and productivity, driven by technology and favorable weather. In the agribusiness, the forecast is for growth of 4.02%, reflecting the intense pace of soybean crushing, considered a record. "The demand for soybean oil, especially for biodiesel ...