Kory Melby BR Ag Consultant |
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Oilseed Sector in Brazil
Brazil is a key global oilseed producer, accounting for almost a quarter of total global supply. For the 2022/23, marketing year (MY), Post estimates that the country produced about 158,380 MMT of soybeans, cottonseed, palm kernel, peanuts, and sunflower seed. Soybeans are by far the most dominant oilseed; in the 2022/23 MY, soybeans accounted for 96 percent of all oilseeds produced in the country. Cottonseed production is a distant second with 2.7 percent of Brazil’s total oilseed volume, while peanuts, palm kernel, and sunflower seed account for less than one percent of production. 27 APR 23 |
Post lowers its 2022/2023 estimate for Argentine soybean production to 23.9 million metric tons (MMT). This production estimate is the lowest in 24 year and the yield estimate is the lowest in almost 50 years. As a result of the drought, Post estimates that Argentina will need to import a record 11 MMT of soybeans to achieve a crush of 29.5 MMT. This reduced crush would lead Argentina to export only 18.75 MMT of soybean meal, potentially losing its position as the world's largest exporter of soybean meal. (continue)
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Post forecasts that Brazilian producers will expand soybean planted area at a slower pace, to 42.5 million hectares (ha) in 2022/23, up from the estimated 40.7 mn ha planted in the 2021/22 season. Post forecasts 2022/23 soybean production at 139 million metric tons (MMT), up from the estimated 124.8 MMT harvest this season, assuming return to normal weather conditions. PDF: 13 April 2022 |
Post increased its forecast for soybean planted area to 40.5 million hectares for 2021/22, up from 39 million hectares in 2020/21. Brazil continues to expand its area because of high domestic soybean prices. Post forecasts a record harvest at 145 million metric tons (MMT), with planting starting earlier this year. For 2020/21, Post maintained the production estimate of 137 MMT. Soybean exports in 2021/22 are forecast at 92 MMT, up from 2020/21 exports estimated at 85.3 MMT. With ample supplies, Post revised imports downward, now forecast at 400,000 metric tons (MT) for 2021/22. For 2021/22, Post revised the soybean processing forecast up to 47.5 MMT based on available supply. The crush estimate for 2020/21 is unchanged at 46.5 MMT, constrained by high domestic oil prices. PDF 19 OCT 21 |
Brazil is one of the leaders in the production and export of food, fiber and energy, with potential for expansion in the sector. All of this keeping most of its biomes intact and its commitments to international agreements for the environment preservation. With pioneering spirit and innovation in tropical technologies, there will be no lack of opportunities for an increasingly entrepreneurial Brazil, with critical and technological capacity to position itself as the greatest power in sustainable agricultural production in the world. The Atlas of Brazilian Agribusiness: A Sustainable Journey is not intended to exhaust the debate on agriculture and the environment in Brazil. Its purpose is to present data and facts, highlighting how innovation and an integrated approach in the field has contributed to sustainability. PDF: 17MB 30 SEPT 21 |
Brazil’s Economic Outlook
and Agenda Central Bank Roberto Campos Neto Governor of Banco Central do Brasil 7 APRIL 2021 |
Brazil’s Agricultural Competitiveness
Recent Growth and Future Impacts Under Currency Depreciation and Changing Macroeconomic Conditions |
China doesn't need US soybeans,
thanks to Richard Nixon (CNN - Aug 2019) |
Brazilian Tech Driven Sustainability Programmed
Roberto Betancourt (Roma/FAO/IFIF 2017) PDF - OCT 2017 |
What are the differences between American & Brazilian Farmers?
(Linkedin account required) |
Agriculture in Brazil
July 2017 |
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