South America’s soybean output is expected to reach 181.84 million tons in 2021/22, 8% below last season (198.35mt). A new historical record is expected for the planted area of 62.71 million hectares, which is slightly above the 62.66 million hectares projected in the previous report, released in November by DATAGRO, and 2% higher than the 61.43 million hectares harvested in the 2020/21 season. “Despite the good level of use of inputs, the new projection for the average productivity takes into account the severe losses caused by scarce and irregular rains during the months of November to January in the producing region, including the Center-South of Brazil, Paraguay and part of Argentina and Uruguay”, said Flávio Roberto de França Junior, grain coordinator at DATAGRO. For Brazil, the world’s largest soybean producer, production is estimated at 130.26 million tons, with an area forecast at 40.87 million hectares, compared to 39.18 million hectares in 2020/21.
Source: DATAGRO (*Translated by Ia Niani)