info@gyferti.com                                                                                                                       
You are here: Home » News » NEWS » USDA Attache Projects Brazil 2021/22 Soybean Production At 141 Mln Tonnes

USDA Attache Projects Brazil 2021/22 Soybean Production At 141 Mln Tonnes

Views: 106    

facebook sharing button
twitter sharing button
line sharing button
wechat sharing button
linkedin sharing button
pinterest sharing button
whatsapp sharing button
sharethis sharing button

55.1

Following are selected highlights from a report issued by the U.S. Department of Agriculture's Foreign Agricultural Service post in Brazil:

"Post forecasts that Brazilian producers will expand soybean planted area to reach 40 million hectares (ha) in the 2021/22 season, up from the estimated 38.5 million ha planted in the 2020/21 season. Post forecasts 2021/22 soybean production at 141 million metric tons (MMT), up from the estimated 134 MMT harvest this season.

"Soybean expansion is forecast on current market conditions and trends - including strong demand, high prices, and a favorable exchange rate. All these conditions are expected to persist well into the 2021/22 season. Soybean exports are forecast to hit records this season and next at 85 MMT and then 87 MMT. Peanut planted area and production are also forecast to rise on the same factors. Cottonseed area and production will rebound next season (2021/22) after a dip in the current season."


Customer First
 
Shanxi Guangyuan Fertilizer Co.,Ltd. is a modern comprehensive private enterprise combining scientific research, production and sales.
Navigation
 
Categories
 
     QR Code
 
Copyright © Shanxi Guangyuan Fertilizer Co.,Ltd. All Rights Reserved.