DATAGRO Grains projects the 20th consecutive increase in Brazil’s soybean acreage in the 2026/27 crop year.

The annual survey of planting intentions of DATAGRO Grains The report indicates that the area cultivated with soybeans in Brazil is expected to grow for the 20th consecutive year in the 2026/27 crop year, increasing from the revised figure of 49.187 million hectares in 2025/26 to 49.320 million hectares. According to the consultancy, if the projection is confirmed, this will be the smallest increase in planted area since the contraction observed in the 2006/07 crop year. Based on initial estimates, the consultancy projects an average productivity of 3,763 kg per hectare, which would result in a potential production of 185.568 million tons. If confirmed, this volume will be 1% higher than the revised 2025/26 crop year, estimated at 182.853 million tons, establishing a new record for Brazilian soybean production. In domestic processing, the DATAGRO Grains The report forecasts a new record of 65.5 million tons, an increase that should raise soybean meal production to 50.435 million tons and soybean oil production to 13.100 million tons. Both volumes represent a 4% growth compared to the previous cycle and would set new records. On the demand side, soybean grain exports are projected at 120 million tons in 2026/27, a 2% increase compared to the 118 million tons estimated for the previous season, also a new record. The consultancy also estimates shipments of 27 million tons of soybean meal, an 8% increase year-on-year, while soybean oil exports should reach 1.8 million tons.

This text was translated by machine from Brazilian Portuguese.