SOYBEAN PRODUCTION IN BRAZIL TO REACH 142.7 MILLION TONS, DATAGRO SAYS

The first survey by DATAGRO for the 2021/22 Brazilian soybean crop confirms the projection on the planting plan disclosed in July. Concerning the planted area of soy, Brazil went from 39.05 million hectares in 2020/21 to 40.52 million hectares this season, an increase of 3.8%. “In this way, there is no doubt that the Brazilian producer will increase soy planting in the country for the 15th consecutive year, notably in line with 2020”, said the coordinator of DATAGRO, Flávio Roberto de França Junior. Production is estimated at 142.77million tons, slightly less than the 144.06 million tons projected in July. The record crop this year was 136.96 million tons. DATAGRO also shows that the corn planting area in the summer crop should increase in Brazil in the 2021/22 season, following the slight increase that has already taken place in 2021. The expected total area in the 2021/22 season is 4.60 million hectares, compared to 4.40 million hectares in 2020/21.

Source: DATAGRO (*Translated by Ia Niani)