is part of the Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

  • American Agriculturist
  • Beef Producer
  • Corn and Soybean Digest
  • Dakota Farmer
  • Delta Farm Press
  • Farm Futures
  • Farm Industry news
  • Indiana Prairie Farmer
  • Kansas Farmer
  • Michigan Farmer
  • Missouri Ruralist
  • Nebraska Farmer
  • Ohio Farmer
  • Prairie Farmer
  • Southeast Farm Press
  • Southwest Farm Press
  • The Farmer
  • Wallaces Farmer
  • Western Farm Press
  • Western Farmer Stockman
  • Wisconsin Agriculturist
Corn+Soybean Digest

Attach Cuts Brazil Soy Crop Estimate

The U.S. agricultural attaché in Brazil trimmed his estimate of that country's soybean crop to 60.1 million metric tons (mmt), from a November estimate of 62.1 mmt, due to lower-than-expected plantings.

The attaché forecast the area planted to soybeans in Brazil at 21.7 million hectares (53.6 million acres), an increase of 4% from last year.

The attaché also notes that the soybean area in Brazil had been gradually diminishing since 2004 due to low soybean prices, bad weather, soybean rust and an unfavorable exchange rate. Recent high prices have not boosted plantings as much as expected.

Attaché reports are not official USDA data. USDA's official Brazilian crop estimate is 61 mmt.

Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish