{"id":78391,"date":"2026-02-06T08:56:14","date_gmt":"2026-02-06T11:56:14","guid":{"rendered":"https:\/\/shipping.einnews.com\/article\/889965296"},"modified":"2026-02-06T08:56:14","modified_gmt":"2026-02-06T11:56:14","slug":"igc-expects-soya-bean-trade-growth-to-lift-shipping-demand","status":"publish","type":"post","link":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/2026\/02\/06\/igc-expects-soya-bean-trade-growth-to-lift-shipping-demand\/","title":{"rendered":"IGC expects soya bean trade growth to lift shipping demand"},"content":{"rendered":"
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Soya beans being loaded in Brazil, source of 60% of global supply (source: Representacoes Proinde)<\/span><\/p>\n

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06 Feb 2026<\/span>by Craig Jallal<\/span><\/p>\n<\/div>\n

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International Grains Council forecast put soya bean trade at 206M tonnes by 2031, with Brazil accounting for more than 60% of exports<\/p>\n

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The International Grains Council forecast, Five-year baseline projections of supply and demand (2030\/31),<\/em> puts global soya bean trade on a rising path through to 2031, with demand growth centred on Asia and Brazil retaining the largest export share, a combination that implies higher soya bean dry bulk shipping cargoes and derivatives.<\/p>\n

In its five-year baseline projections of supply and demand, the Council stated, \u201cTrade is projected to grow to consecutive records, with China\u2019s share of the world total at about 60%; Brazil will remain the pre-eminent supplier.\u201d<\/p>\n

It added that \u201cshipment flows are anticipated to rise in each subsequent year, with volumes reaching 206M tonne by 2031.\u201d<\/p>\n

On the supply side, the Council projected that global soya bean output would reach successive highs, supported by a harvested area expansion and assumed yield gains.<\/p>\n

It also projected productivity to increase from 2.9 tonnes per hectare (ha) in 2026 to reach 3.0 tonnes per ha in 2031.<\/p>\n

On the demand side, the Council projected successive highs in utilisation to 471M tonnes by 2031, while stating that an average annual growth rate of about 2% would represent slower growth than in the prior five years.<\/p>\n

It linked the increase to a higher use of processed products, such as biodiesel and renewable diesel production in the US and Brazil.<\/p>\n<\/p><\/div>\n<\/div>\n<\/div>\n

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On shipping demand, the forecast placed China at the centre of the trade expansion.<\/p>\n

The Council predicted at total deliveries to China are expected to rise by a net 17M tonnes to 130M tonnes in 2031.<\/p>\n

Trade to the Far East Asia is also predicted to move comfortably above 150M tonnes during the next five years, making up close to 75% of global flows.<\/p>\n

Brazil is projected to supply just 60% of global flows, creating a sustained concentration of ship-linked export corridors into Asia.<\/p>\n<\/p><\/div>\n

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… higher soya bean dry bulk shipping cargoes<\/span> and derivatives. In its five … the US and Brazil. On shipping<\/span> demand, the forecast placed China …<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[],"class_list":["post-78391","post","type-post","status-publish","format-standard","hentry","category-news","wpcat-1-id"],"_links":{"self":[{"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/posts\/78391","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/comments?post=78391"}],"version-history":[{"count":0,"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/posts\/78391\/revisions"}],"wp:attachment":[{"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/media?parent=78391"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/categories?post=78391"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/tags?post=78391"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}