Expana proposes to launch Brazilian Soybean Expana Benchmark Prices

Expana is proposing to launch weekly Expana Benchmark Prices (EBP) for Brazilian Soybean. Expana is collecting feedback on this proposal from market participants until Friday, June 6, 2025. 

If the industry supports this proposal, Expana suggests launching the weekly assessments on Thursday, June 26, 2025. 

The proposed specifications for the assessments would be as below:  

Assessment Name	Quality	Incoterm	Quantity	Currency	Unit	Publication Schedule
Soybean FOB Brazil	Soybean, 34.5% protein; 13.5% moisture; 2% impurities, Brazilian origin, Expana Benchmark Prices (EBP)	FOB, Brazil	25,000-40,000 mt	USD	MT	EMEA, Weekly, Thursday

  

The proposed assessments would reflect the transactable value at 16:00:00 London time.  

Brazil is a major player in the global soybean market, accounting for approximately 40% of global production and 60% of exports.  Soybeans are widely used due to their high protein content relative to other oilseeds, with applications spanning food, animal feed and biodiesel production. This assessment will complement Expana’s existing soybean coverage and enable Expana subscribers to compare prices across key exporting regions. 

If you have any feedback or suggestions on this proposal, please send this to [email protected] by Friday, June 6, 2025, and clearly state which market note your comments relate to, and if comments are intended for publication by Expana. 

Expana will acknowledge receipt of all comments by email.