A survey carried out by DATAGRO Consulting estimates a production of 209.15 million tons for the 2021/22 soybean crop in South America, below the initial projection of 211.94 million tons. Despite the reduction, it would represent a 6% increase on the 197.18 million tons of the revised record for the 2020/21 season. About 62.66 million hectares are forecast, up 2% from the 61.43 million hectares in the revised 2020/21 crop, which should result in a new historical record. For Brazil, the world’s largest soy producer, production is estimated at 142.63 million tons, slightly below the 144.07 million tons intended for planting. This would represent a 4% increase when compared to the 136.97 million tons of the current crop. For the area, 40.48 million hectares is projected, compared to 39.06 million hectares in 2020/21. If confirmed, it would be the 15th consecutive year of increase.
Sources: Datagro/Notícias Agrícolas (*Translated by Ia Niani)