Browse Data and Analysis

Due to the recent ban on genetically engineered (GE) commodity imports, the 2022/23 soybean import forecast is reduced from 2.5 to 1.2 million tons. With the lower expected soybean imports, 2022/23 crush and soybean meal output is reduced accordingly.

For 2022/23, Post forecasts soybean planted area at 42.5 million hectares (ha), and production at 144 million metric tons (MMT), based on a yield of 3.39 mt per ha. The estimate was raised, as Brazil has managed to secure sufficient fertilizer...