![exportações de soja – soybean exports Brasil exportação soja - brazilian soybean exports](https://www.datamarnews.com/wp-content/uploads/2019/08/exportações-de-soja-soybean-exports.jpg)
Brazil´s soy harvest expected to reach a record 130 million tonnes in 2020/21
Jul, 30, 2020 Posted by Sylvia SchandertWeek 202031
A survey conducted by Reuters shows that Brazil’s soybean production in 2020/21 is expected to jump to a record 130 million tonnes, with good prices driving farmers to increase planting in pasture areas after a drought reduced the harvest in the south of the country in 2019/20.
The survey carried out with eight experts indicates that Brazil, the largest global producer and exporter of soybeans, may increase its harvest by about 8% compared to the 120.9 million tonnes projected by the government in the previous cycle. The growth, of almost 3% in the harvested area, to the unprecedented level of 38 million hectares, is driven by high-profit margins, coupled with the exchange rate boost, which allowed accelerated advance sales by producers, according to analysts.
“Almost 50% of the soybean crop has already been sold, at a record pace, this shows the trend of growth in the area,” Bartolomeu Braz Pereira, president of producer association Aprosoja Brasil, told Reuters.
The graph below shows the growth of Brazilian soy exports in 2020 compared to previous years:
Graph source: DataLiner (To request a DataLiner demo click here)
Source of report: Reuters
-
Other Cargo
Nov, 29, 2022
0
Mexico reduces hides and skin exports to Brazil
-
Ports and Terminals
Nov, 08, 2023
0
Disqualified Companies File Request to Suspend Port of Itajaí Auction
-
Nov, 25, 2021
0
In new decision, TRF4 confirms dredging of the Palangana stones, at Paranaguá
-
Grains
Apr, 02, 2024
0
China’s share of Brazilian soybean exports remains above 70%