Record Soybean Harvest In South America And Favorable Outlook For Exports

Agri-Marketing

by Joana Colussi, Nick Paulson, and Gary Schnitkey, Department of Agricultural and Consumer Economics, University of Illinois and Silvina Cabrini, National Institute of Agricultural Technology (INTA) - Argentina

South American countries, which together produce about 55% of the world's soybean supply, are on track to set a record in the 2024-25 crop season, despite localized drought challenges in some regions. Brazil's soybean production is expected to reach an all-time high, Argentina's production is projected to remain steady compared to last season

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