In 2023, Brazil's soybean production stood at 160.67 million metric tons. The forecasted production from 2024 to 2028 shows a steady upward trend with annual percentage increases as follows: 2024 (4.0%), 2025 (4.6%), 2026 (4.3%), 2027 (4.1%), and 2028 (3.9%). This results in a compound annual growth rate (CAGR) of approximately 4.2% over the five-year period.

Future trends to watch for include:

The impact of technological advancements in agriculture, potentially increasing yield efficiency.
Climate change effects that might alter weather patterns, affecting crop productivity.
Global market demand and trade policies influencing export opportunities and price dynamics.