Key Market Indicators
Soybean production in Brazil is projected to increase in the coming years. By 2026, the country is expected to produce 140.6 million metric tons of the crop, up from 124.3 million metric tons in 2021. This represents a growth rate of 2.1% year on year. Since 1966, Brazilian soybean production has increased by an average of 5.2% each year. The United States, Argentina, and China are the second, third, and fourth-largest producers of soybeans, respectively.
