Browse Data and Analysis

Bolivia announced on October 19 the approval of Intacta, a new biotech soybean variety with insect resistant Bt and glyphosate resistant traits. Intense drought and more unpredictable weather are disrupting Bolivian farmer livelihoods and they see the Intacta approval as one helpful step towards improved crop productivity and environmental resilience.

This report presents an overview of Portugal’s soybean and products market. Soybean and soybean product imports to Portugal combined amount on average to nearly 1.4 million metric tons (MT) per year.

U.S. exporters can find ample opportunities in the Iberian Peninsula. Spain is the third-largest European Union (EU) destination for U.S. agricultural products, with Portugal ranking 11th. In 2021, the United States exported $1.6 billion of agricultural products to Spain, or 15 percent of total U.S. agricultural exports to the EU. The United States held a 4 percent market share of Spain’s agricultural imports and 2 percent market share in Portugal, behind other EU member states as a group and Brazil.

The Government of Bolivia approved two new genetically engineered events for soybeans in April 2019.

Total EU oilseeds area and production in MY 2018/19 is forecast slightly upward due to increasing acreage of all three major oilseeds (rapeseed, soybean and sunflower).

Total EU-28 oilseeds production for marketing year (MY) 2015/16 is expected to decline by about 9 percent to 32 million metric tons (MMT).

A locust attack in Santa Cruz devastated around 1,500 hectares of agricultural land.

A historic drought in Bolivia is causing water restrictions in households in the capital of La Paz and reducing grain and oilseed production output by 27 percent in 2016.

Bolivian soybean production in calendar year (CY) 2015 is estimated at 3.1 million metric tons (MMT).

Total EU-28 oilseeds production for marketing year (MY) 2015/16 is expected to decline by about 9 percent to 32 million metric tons (MMT).