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Brazil's soybean oil exports in 2026 could reach 2 million tonnes, above the 1.6 million tonne projection made at the start of the year. First-half shipments totaled 1 million tonnes.
Export parity has pulled oil away from domestic biodiesel use.
Stronger export demand tightens Brazil's domestic oil supply and can lift soybean oil prices and biodiesel production costs.
argusmedia.comNatalia Dalle CortJul 16, 2026After 224 past bullish trade events, Soybean Oil moved a median +0.4% over 5 sessions (54% higher; middle half -1.5% to +2.1%), and -0.5% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
