Brazil’s soybean exports, a cornerstone of Americas’ food processing, are threatened by proposed 10% US tariffs, reports Bloomberg. Brazil supplied over 70% of China’s soy in 2024, but US trade actions could shift demand to Argentina, driving price volatility. Soybean port premiums hit $1 per bushel last week, with futures up 8%. Manufacturers face rising costs for soy-based ingredients in snacks and oils. Analysts recommend securing contracts early or exploring wheat and corn as substitutes to manage budgets. Brazil’s record harvests make it a global leader, but tariff risks highlight the need for diversified sourcing in this critical grain market.

Contact BTG to manage costs in 2025’s volatile soybean market.