BRAZIL TO BOOST PLANTINGS FOR THE 15TH YEAR, SAYS DATAGRO

DATAGRO Consulting’s annual survey shows an increase in Brazil planting area for the 15th consecutive year, from 39.05 million hectares to 40.57 million hectares in the 2020/21 cycle, an increase of 4%. “It is important to emphasize that any sharper reaction of quotations in the next 60 days may change this proportion, since there is a natural tendency of producers towards soybeans, in view of 2013, 2014, 2015, 2017, and 2020 crop cycles”, says Flávio Roberto de França Junior, coordinator at DATAGRO. Brazil will produce an estimated 144.06 million tons of soybeans. If confirmed, next year’s production would be 5% higher than the 136.96 million tons of the estimated output in 2021. According to DATAGRO, the increase in area is expected to take place throughout Brazil, turning out to be stronger in the states of the North, Northeast and Center-West regions. Soybeans should advance over sugarcane areas in the central region, over pasture areas throughout the country and in the open areas of the Cerrado, mainly in the Matopiba region (Maranhão, Tocantins, Piauí and Bahia).

Sources: DATAGRO/Notícias Agrícolas (*Translated by Ia Niani)