BRAZIL: SOYBEAN PLANTING AREA TO GROW 6.7% IN CROP YEAR 2021/22, SAYS PÁTRIA AGRONEGÓCIOS

Pátria AgroNegócios released on Wednesday its first survey for the 2021/22 season. According to the entity, the projected high remuneration for the next soybean crop will make the oilseed planting area to grow by 6.7%, to 40.85 million hectares. It is almost double the increase in 2020/21. “More than two thirds of all new plots estimated for soy will come from low-yield pastures”, the entity said. As a result, soy production is estimated at 144.77 million tons for the 2021/22 season, up 6% from the previous season. Productivity, however, should have a slight decrease of 0.8%, to 3,544 kilos per hectare. The expected income was based on the average growth over the last 10 years for the Center-West, Southeast and South regions; and in the last 5 years for the North and Northeast regions.

Source: Revista Globo Rural (*Translated by Ia Niani)