Brazil’s soybean production estimate for the 2024/2025 season remains steady at 169.0 million tons, with a neutral outlook, according to recent reports. The harvest is nearing completion across most regions, though wet weather in Rio Grande do Sul has caused delays. As of last week, 89% of Brazil’s soybean crop was harvested, compared to 85% at the same time last year and an average of 88.9%. In Rio Grande do Sul, harvesting reached 50.6%.

Significant export activity was reported last week, with China purchasing over 60 vessels of soybeans from Brazil, a record for the period, as noted by Agrinvest Commodities. This surge reflects China’s increased reliance on Brazilian soybeans amid global trade dynamics. April 2025 is projected to set a new export record, surpassing the 13.5 million tons exported in April 2024. In the first week of April, Brazilian farmers sold 4.5 million tons of soybeans, with an additional 10 million tons expected by month’s end.

João Silva, a market analyst at Agrinvest Commodities, stated: “The strong demand from China, combined with Brazil’s robust harvest progress, is driving unprecedented export volumes this season.” The high export pace underscores Brazil’s critical role in meeting global soybean demand.

The focus on exports has not disrupted domestic supply, as Brazil’s production capacity continues to support both local consumption and international markets. The completion of the harvest in most regions, despite regional delays, ensures a steady supply chain. Efforts to improve logistics and storage are also supporting the efficient movement of soybeans to export markets.

As the season progresses, Brazil is poised to maintain its position as a leading soybean supplier, with favorable weather conditions and strong market demand driving export growth. The record-breaking sales in April highlight the country’s ability to capitalize on global opportunities while advancing its agricultural sector.