Soybean processing in Brazil totaled 4.995 million tons in March 2026, according to data released this Thursday (20) by Brazilian Association of Vegetable Oil Industries (Abiove)The volume represents a 25.8% increase compared to February and a 5.9% increase compared to the same month last year, already adjusted for the sample percentage that the association represents. In the accumulated total for 2026, Brazil processed 12.840 million tons of soybeans, a 9.8% increase compared to the same period in 2025. Abiove raised its estimate for soybean crushing this year by 300,000 tons, to 62.5 million tons. "This advance in industrial activity is directly reflected in the supply of higher value-added products, with soybean meal production estimated at 48.1 million tons and soybean oil production at 12.55 million tons," states Abiove. Previous projections pointed to meal and oil production at 47.9 and 12.5 million tons, respectively.
This text was translated by machine from Brazilian Portuguese.