Abiove: Soybean processing in Brazil totaled 3.546 million tons in February 2026.

Soybean processing in Brazil totaled 3.546 million tons in February 2026, according to data released this Thursday (16) by Brazilian Association of Vegetable Oil Industries (Abiove)The volume is 8.5% higher than that recorded in the same month of 2025. In the accumulated total for 2026, Brazil processed 7.421 million tons, an increase of 6.4% when compared to the same period last year. Abiove Brazil has raised its projection for soybean crushing in 2026 to 62.2 million tons, compared to the previous estimate of 61.5 million tons. As a result, soybean meal production is now projected at 47.9 million tons (an increase of 500,000 tons compared to the previous estimate) and soybean oil production at 12.5 million tons (+150,000 tons). In foreign trade, Brazil is expected to maintain its global leadership, with exports of 113.6 million tons of soybeans – above the previously projected 111.5 million tons. Among by-products, estimates point to shipments of 24.6 million tons of soybean meal and a 3.3% growth in soybean oil exports, which should reach 1.5 million tons. According to the… DATAGRO GrainsAccording to the Brazilian soybean production forecast for the 2025/26 season, the consultancy projects 62.0 million tons for processing, generating 47.74 million tons of soybean meal and 12.4 million tons of soybean oil.

This text was translated by machine from Brazilian Portuguese.