# Record Brazil soyabean crop, but oil exports set to fall | Portcroft Insights

> Brazil's soybean crop is forecast at a record, while soybean oil production is raised to 13.5 million tonnes on stronger international demand and the B16 biodiesel mandate. Soybean oil export forecasts are cut to 1.7 million tonnes, 15% below the current year, as more oil stays domestic.

- Date: 2026-10-30 · published 2026-10-31T10:05:34.049Z
- Category: report · region Brazil · magnitude medium
- Page: https://feedsoft.ai/events/2865-record-brazil-soyabean-crop-but-oil-exports-set-to-fall-portcroft-insights
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Lower Brazilian oil exports tighten global soy oil availability, supporting soy oil prices, while a record crop keeps soybean supply ample.

## Read by commodity

- SBO: bullish ▲
- SOY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBO | 2023-07-21 | [Brazil's 2023 soybean crushing set for record highs driven by oil, meal demand](https://feedsoft.ai/events/35113-brazil-s-2023-soybean-crushing-set-for-record-highs-driven-by-oil-meal-demand.md) | +5.4% | -0.5% |
| SBO | 2025-04-11 | [Brazil's rising biodiesel demand restricts soybean oil exports](https://feedsoft.ai/events/25204-brazil-s-rising-biodiesel-demand-restricts-soybean-oil-exports.md) | +2.3% | +4.3% |
| SBO | 2021-04-08 | [USDA to expand forecasts on soyoil use in biofuels in May crop report - Markets - Business Recorder](https://feedsoft.ai/events/47668-usda-to-expand-forecasts-on-soyoil-use-in-biofuels-in-may-crop-report-markets.md) | +0.2% | +17.0% |
| SBO | 2025-12-23 | [Argentina soyabean exports set to rise while products decline](https://feedsoft.ai/events/13820-argentina-soyabean-exports-set-to-rise-while-products-decline.md) | +0.3% | +4.9% |
| SBO | 2021-10-29 | [China increases soyabean oil imports forecast](https://feedsoft.ai/events/44629-china-increases-soyabean-oil-imports-forecast.md) | -2.3% | -4.7% |
| SOY | 2019-11-21 | [Brazil Heads for Record Soybean Crop Amid Plans for Further Expansion](https://feedsoft.ai/events/55902-brazil-heads-for-record-soybean-crop-amid-plans-for-further-expansion.md) | -2.5% | +2.2% |
| SOY | 2023-07-21 | [Brazil's 2023 soybean crushing set for record highs driven by oil, meal demand](https://feedsoft.ai/events/35113-brazil-s-2023-soybean-crushing-set-for-record-highs-driven-by-oil-meal-demand.md) | +2.5% | -10.6% |
| SOY | 2017-08-10 | [Brazil to forecast new record crop  \| News Agency](https://feedsoft.ai/events/69284-brazil-to-forecast-new-record-crop-news-agency.md) | -4.3% | +0.0% |

## Sources

- portcroft.com: https://portcroft.com/insights/record-brazil-soyabean-crop-but-oil-exports-set-to-fall

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