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The strengthening of the dollar and projections of increased Brazilian participation in the global soybean supply boosted negotiations and supported soybean prices in the domestic market last week, according to Cepea.
At the same time, expectations of strong global demand for soybean meal and oil are keeping international soybean prices firm, even in the face of pressure on shipments from the United States. A report released by the USDA (United States Department of Agriculture) on the 12th indicates that global soybean production should reach a new record in the 2026/27 crop year, increasing from 427.6 million to 441.5 million tons.
Brazil is expected to remain the world's leading producer, with an estimated 42.1% share of global production, increasing its harvest from 180 million tons in the 2025/26 season to 186 million tons in 2026/27.
In the domestic market, Conab (National Supply Company) also projects growth in Brazilian production, to 180.13 million tons in the current season (2025/26), a volume 0.5% higher than projected in April and 5% above the previous harvest.
May 19, 2026/ Cepea/ Brazil.
https://www.cepea.org.br
