BRAZIL EXPECTS 151.6 MLN TONNES FROM 2022/23 SOYBEAN CROP

Datagro’s president, Plinio Nastari, said at the Opening Event for the 2022/23 Soybean, Corn, and Cotton Crop that – by the end of the decade – Brazil may harvest 170 million to 180 million tonnes of corn and 200 million tonnes of soybeans. Nastari also mentioned that it will only be possible to add value to Brazilian production if the country implements regulations in conformity with internationally-recognized certifications like, for example, Renovabio. The president of the Brazilian Vegetable Oil Industries (Abiove), André Nassar, said that the first round of studies conducted with the organization’s associates indicate that the planted area dedicated to the soybean crop will be close to 42 million hectares in 2022/23, with Brazilian output reaching 151 million tonnes. Thus, in an optimistic scenario, domestic oilseed processing could reach 49.2 million tonnes in 2022/23, according to Nassar.

Source: Agrolink/Datamar News