Brazil confident soybeans harvest will confirm it continues as the world’s leader in the oilseed production
Brazil’s National Supply Company, Conab, anticipated forecasts for the coming grains and oilseeds season 2021/22. The soy crop is expected to reach some 141,26 million tons or a 3.9% increase over the current harvest.
As to the area sown, it is estimated at 39,91 million hectares, 3,6% higher than in 2020/21, while yield per hectare could reach 3,539 kilos in 2022, up 0,29%. “It seems a tiny increase but it is significant given the latest technologies in which Brazilian farmers have invested”, according to Fernando Gomes da Motta, one of Conab’s managers.
Via Merco Press