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Brazil Soybean Production Estimate Reduced

05 March 2012
USDA Foreign Agricultural Service

BRAZIL - Soybean production estimates in 2011/12 are now at 70 million metric tons (mmt), a significant decrease of 7 percent from the record 75.3 mmt produced in 2010/11.

The 2011/12 crop has been adversely affected by drought conditions in southern Brazil, a result of the La Nina weather phenomenon.

The 2011/12 harvest has advanced quickly in recent weeks reaching over 25 percent of planted area harvested.

Exports in 2011/12 are now forecast to at 33 mmt, slightly less than the 33.8 mmt of exports in 2010/11.

Further Reading

- You can view the full report by clicking here.

March 2012

TheCropSite News Desk

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