Article
Brazil 2021/22 soybean season reduced further due to problematic weather
Published: 16/02/2022
The United
States Department of Agriculture lowered its 2021/22 forecast for Brazil’s
soybean planted area further, to 39.8 million hectares (ha) and soybean
production to 134.5 million metric tons (MMT). From the last estimates, weather
conditions have continued to worsen in key producing regions. Principally, the
drought in the south of the country has dampened prospects for a record crop.
Post consequently also lowered the 2021/22 soybean export forecast to 86.8 MMT.