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Brazil crop agency ups 2024/25 soy supply, export forecast

ReutersJun 12, 2025 12:01 PM

- Brazil's soybean production forecast for the 2024/25 season, which is almost over nationwide, has been raised to 169.60 million metric tons from 168.34 million tons, national crop agency Conab said in a report on Thursday.

The agency also noted that Brazil, the world's top soybean supplier and exporter, will sell 106.24 million tons of soybeans to trade partners like China this season, more than the 105.96 million tons forecast in its May report.

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