Brazil, Argentina set to harvest soybean bumper crops in 2024/25; ample supply to put pressure on prices, premiums: 2025 preview

Soybean harvest has begun in Brazil, and market analysts expect soybean bumper crops from South America in 2025, provided that there are no weather-related issues and that potential tariffs on China by the Donald Trump administration do not disrupt exports. The ample supply from Brazil and Argentina may put pressure on prices on the Chicago Mercantile Exchange and at domestic cash markets, sources told Fastmarkets.