# Conab lifts Brazil 2026-27 soybean oil export forecast to 1.8 mil mt

> Brazil's national supply company Conab raised its 2026-27 soybean oil export forecast by 400,000 mt to 1.8 million mt in its second crop survey released November 13. It cut the domestic soybean oil consumption estimate by 440,000 mt to 11.19 million mt, citing the continuation of the B15 biodiesel blend.

- Date: 2026-11-13 · published 2026-11-14T09:06:15.790Z
- Category: report · region Brazil · magnitude low
- Page: https://feedsoft.ai/events/99226-conab-lifts-brazil-2026-27-soybean-oil-export-forecast-to-1-8-mil-mt
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Higher expected Brazilian soybean oil exports tighten the export balance for soyoil and support international soyoil prices, while lower domestic biodiesel demand shifts volume toward export markets.

## Read by commodity

- SBO: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBO | 2026-05-12 | [May WASDE forecasts 25% increase in soybean oil use in biofuel for 2026-‘27 \| Biodiesel Magazine](https://feedsoft.ai/events/15024-may-wasde-forecasts-25-increase-in-soybean-oil-use-in-biofuel-for-2026-27.md) | +1.4% | -2.2% |
| 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% |
| 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 | 2023-09-13 | [USDA  Maintains 2023-'24 Forecast for Soybean Oil Use in Biofuel - World-Energy](https://feedsoft.ai/events/15275-usda-maintains-2023-24-forecast-for-soybean-oil-use-in-biofuel-world-energy.md) | +0.3% | -9.3% |
| 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% |

## Sources

- spglobal.com: https://www.spglobal.com/energy/en/news-research/latest-news/agriculture/111326-conab-lifts-brazil-2026-27-soybean-oil-export-forecast-to-18-mil-mt

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