News

USDA: Soybean outlook in Brazil

Soybean
Brazil
Published Mar 4, 2023

Tridge summary

The office of the United States Department of Agriculture (USDA) in Brasília maintained its projections for the Brazilian soybean harvest in the 2022/23 crop year at 153 million tons.

The estimate for the oleaginous planting area had a slight reduction, from 43.4 million to 43.3 million hectares. Compared to the figures for the 2021/22 season, marked by heavy losses with the drought in southern Brazil, oilseed production and cultivation area are expected to grow by 21.3% and 5.9%, respectively.

According to the USDA attaché in Brasilia, the planting area should increase due to advances, albeit marginal, in several producing states.

Original content

The office of the United States Department of Agriculture (USDA) in Brasília maintained its projections for the Brazilian soybean harvest in the 2022/23 crop year at 153 million tons. The estimate for the oleaginous planting area had a slight reduction, from 43.4 million to 43.3 million hectares. Compared to the figures for the 2021/22 season, marked by heavy losses with the drought in southern Brazil, oilseed production and cultivation area are expected to grow by ...
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.