Grains

Brazil expected to produce 123.5 million tons of soybeans in 2019/20 harvest

Mar, 31, 2020 Posted by Sylvia Schandert

Week 202015

Agroconsult (an agribusiness consultancy) announced on Tuesday (3103) that Brazil’s soybean harvest in 2019/20 should reach 123.5 million tons.  The estimate was adjusted downward from the previous estimate of 124.3 million tons. The company also estimated the area to be used to grow oilseeds in Brazil would be 36.8 million hectares, compared to 36.7 million forecast in January.

The consultancy highlighted record productivity in states like Mato Grosso, Goiás, and Paraná, but cited heavy losses in Rio Grande do Sul due to drought.

Source: Reuters

Sharing is caring!

Leave a Reply

Your email address will not be published. Required fields are marked *


The reCAPTCHA verification period has expired. Please reload the page.