# Attachés offer South American soybean forecasts | The Western Producer

> USDA attachés in Brasilia and Buenos Aires forecast Brazil's 2026-27 soybean crop at a record 184 million tonnes, up four million tonnes, on 50.5 million hectares. Brazil's soybean exports are projected to rise by 2.5 million tonnes to 117.5 million, and Argentina's ending stocks are larger than before.

- Date: 2026-07-08 · published 2026-07-08T12:00:00.000Z
- Category: report · region Brazil · magnitude medium
- Page: https://feedsoft.ai/events/13789-attaches-offer-south-american-soybean-forecasts-the-western-producer
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

A record Brazilian crop and larger Argentine stocks point to ample global soybean supply, which is bearish for soybean prices and export premiums.

## Read by commodity

- SBM: neutral
- SOY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2019-12-12 | [South American Soybean Production Impact](https://feedsoft.ai/events/55631-south-american-soybean-production-impact.md) | +3.9% | +4.6% |
| SOY | 2022-12-20 | [South American corn and soybean outlook: Playing the odds](https://feedsoft.ai/events/13683-south-american-corn-and-soybean-outlook-playing-the-odds.md) | +1.5% | +3.7% |
| SOY | 2018-08-10 | [Soybeans, Grains Plunge After USDA Raises Production Forecasts](https://feedsoft.ai/events/63478-soybeans-grains-plunge-after-usda-raises-production-forecasts.md) | -0.3% | -6.3% |
| SOY | 2020-06-15 | [The forecast increase in soybean production will increase pressure on oilseed prices in the new season](https://feedsoft.ai/events/52737-the-forecast-increase-in-soybean-production-will-increase-pressure-on-oilseed.md) | +0.6% | +0.6% |
| SOY | 2017-08-10 | [USDA Forecasts Record-High Soybean Production in 2017](https://feedsoft.ai/events/69299-usda-forecasts-record-high-soybean-production-in-2017.md) | -4.3% | +0.0% |
| SBM | 2024-11-07 | [Chinese pork output continues slide \| The Western Producer](https://feedsoft.ai/events/27392-chinese-pork-output-continues-slide-the-western-producer.md) | -2.0% | -4.3% |
| SBM | 2022-08-11 | [Argentina: The overlooked hub of South American soy - Insights - Trase](https://feedsoft.ai/events/40060-argentina-the-overlooked-hub-of-south-american-soy-insights-trase.md) | -11.7% | -13.5% |
| SBM | 2025-06-30 | [U.S. grains: Soy futures end mixed; corn and wheat sag after USDA reports \| The Western Producer](https://feedsoft.ai/events/24225-u-s-grains-soy-futures-end-mixed-corn-and-wheat-sag-after-usda-reports-the.md) | -1.2% | -1.4% |

## Sources

- producer.com: https://www.producer.com/daily/attachs-offer-south-american-soybean-forecasts/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.