Brazil: Oilseeds and Products Annual

  |   Attaché Report (GAIN)   |   BR2021-0013

Contact:

Office of Agricultural Affairs, Brasilia   |   (011-55-61) 3312-7101

Link to report:

Oilseeds and Products Annual_Brasilia_Brazil_04-01-2021.pdf

Post forecasts that Brazilian producers will expand soybean planted area to reach 40 million hectares (ha) in 2021/22 season, up from the estimated 38.5 mn ha planted in the 2020/21 season. Post forecasts 2021/22 soybean production at 141 million metric tons (MMT), up from the estimated 134 MMT harvest this season. Soybean expansion is forecast on current market conditions and trends - including strong demand, high prices, and a favorable exchange rate. All these conditions are expected to persist well into the 2021/22 season. Soybean exports are forecast to hit records this season and next at 85 MMT and then 87 MMT. Peanut planted area and production are also forecast to rise on the same factors. Cottonseed area and production will rebound next season (2021/22) after a dip in the current season.

Western Hemisphere, Brazil
Oilseeds, Soybeans, Oilseeds (excl. soybean)

Database Source:

Related Reports

View More
Attaché Report (GAIN)

Saudi Arabia: An Overview of the Aquaculture Industry in Saudi Arabia

Evolving dietary preferences and a strong economy can pave the way for U.S. seafood and fish feed exports to meet domestic demand.
Attaché Report (GAIN)

Algeria: Grain and Feed Update

Post doe snot anticipate major changes to forecast and estimate for Algeria's cereal production. Post anticipates that Algeria's wheat imports will surpass nine million metric tons (MMT) next season.
Attaché Report (GAIN)

Mexico: Tomatoes and Products Annual

Mexico’s 2025 tomato production is forecast at 3.1 million metric tons (MMT), a three percent decrease year-on-year based on continuing drought conditions in the main production areas and lower projected planting for the autumn-winter season.