Brazil will be the major producer of soybeans in the world in 2026

According to FAO, in the next 10 yers Brazil will become the major producer of soybeans in the world, leaving behind the US.

According to analysts, in the next 10 years Brazil's soybean crop will grow by 2.6% per year, at just 1% growth in the US. Soybean crop in Argentina will grow by 2.1% per year.

The average rise of the global soybean crop in the next 10 years will be 1.9% per year at 4.9% over the past ten years.

In 2026 Brazil and the United States will hold 89% of the global soybean export.

The better perspectives for Brazil's crop are due to large non-arable areas in the country that will be developed in the coming years.