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

Brazil's New Soybean Crop May Set Record

Weather will play a major role in possible record harvest.

According to Carlos Lovatelli, president of the Brazilian Vegetable Oils Industry Association, Brazil's 2007-08 soybean harvest could reach nearly 64 million tons, shattering the record set last year when 59.5 million tons were harvested.

Lovatelli says the lower number of acres in the U.S. which were a result of the high demand for corn spurred the production in Brazil. He says this should be a very positive year for the sector barring any weather problems.

Brazil's government linked National Commodities Corporation has this year's soybean harvest pegged between 59.1 and 61.9 million tons, while independent analysts estimate a new crop of 62.3 million tons.

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