Soybeans 2026: Record harvest puts pressure on prices, opportunities ahead.

With the record 2025/26 harvest arriving in warehouses, soybean prices are under pressure. At the end of 2025, the annual average of the CEPEA/Paranaguá indicator was around R$ 142 per 60 kg bag. In January 2026, the physical value was around R$ 131.77 per bag, according to CEPEA. Futures contracts on the B3 show prices slightly below the physical price, suggesting a short-term decline.

Although the USDA has reduced its projection for the average international price for the 2025/26 crop, the conversion to Brazilian reais is approximately R$ 120 per sack, showing that the global market is in line with domestic levels. Brazil is expected to harvest between 176 and 182 million tons in the current crop, consolidating another record, while global supply tends to decrease due to crop failures in the US and Argentina. Researchers at CEPEA highlight that the country can meet up to 60% of global demand; negotiations for shipments in the first half of 2026 indicate signs of recovery in export premiums.

So what now? Each producer has their own reality and strategy. We believe in the strength of those who live off the land and we stand by their side, offering technology and solutions to make working in the field more efficient.

I want to know from you: what do you think will happen to the price of soybeans throughout 2026?

References:

CEPEA – “Liquidity increases, but prices continue to fall”

CEPEA – “2026 Outlook - Soybeans: In a scenario of lower global supply, Brazil expands its leading role with a record harvest”

USDA – “Oil Crops” (Jan/2026)