# Record Soybean Harvest in South America and Favorable Outlook for Exports

> South America is on track for a record 2024/25 soybean crop, with Brazil expected to reach an all-time high while Argentina holds steady and Paraguay declines. Total output across Brazil, Argentina, Paraguay and Uruguay is about 8.41 billion bushels, up 9%. The article also discusses the effects of recent U.S. tariffs and Argentina's export tax cuts.

- Date: 2025-03-19 · published 2025-03-19T12:00:00.000Z
- Category: report · region South America · magnitude medium
- Page: https://feedsoft.ai/events/13874-record-soybean-harvest-in-south-america-and-favorable-outlook-for-exports
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

A record South American harvest increases global soybean supply and should keep downward pressure on world soybean prices. Export tax cuts and tariffs will shape where that supply flows.

## Read by commodity

- SBM: bearish ▼
- SOY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2019-05-12 | [FAO: Record cereal harvests expected for South America in 2019](https://feedsoft.ai/events/59012-fao-record-cereal-harvests-expected-for-south-america-in-2019.md) | +3.1% | +7.7% |
| 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 | 2026-08-27 | [Record Soybean Crop Forecast Meets Firm Demand Outlook \| CZ app](https://feedsoft.ai/events/10973-record-soybean-crop-forecast-meets-firm-demand-outlook-cz-app.md) | +3.8% | +5.0% |
| SOY | 2017-04-06 | [Brazil To Harvest Record Corn And Soybean Yields](https://feedsoft.ai/events/71350-brazil-to-harvest-record-corn-and-soybean-yields.md) | +0.4% | +2.2% |
| SOY | 2025-05-15 | [2025 GEOGLAM Crop Outlook: What to Expect for Wheat, Maize, and Soybeans — NASA Harvest](https://feedsoft.ai/events/24596-2025-geoglam-crop-outlook-what-to-expect-for-wheat-maize-and-soybeans-nasa.md) | -0.4% | -2.3% |
| SBM | 2019-05-12 | [FAO: Record cereal harvests expected for South America in 2019](https://feedsoft.ai/events/59012-fao-record-cereal-harvests-expected-for-south-america-in-2019.md) | +3.6% | +10.3% |
| SBM | 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) | +0.5% | +7.4% |
| SBM | 2017-04-06 | [Brazil To Harvest Record Corn And Soybean Yields](https://feedsoft.ai/events/71350-brazil-to-harvest-record-corn-and-soybean-yields.md) | +0.9% | +1.4% |

## Sources

- farmdocdaily.illinois.edu: https://farmdocdaily.illinois.edu/2025/03/record-soybean-harvest-in-south-america-and-favorable-outlook-for-exports.html
- agriculture.com: https://www.agriculture.com/record-soybean-harvest-in-south-america-and-favorable-outlook-for-exports-11699594

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