Brazil 2021/22 soybean season reduced further due to problematic weather

Published: 16/02/2022

The United States Department of Agriculture lowered its 2021/22 forecast for Brazil’s soybean planted area further, to 39.8 million hectares (ha) and soybean production to 134.5 million metric tons (MMT). From the last estimates, weather conditions have continued to worsen in key producing regions. Principally, the drought in the south of the country has dampened prospects for a record crop. Post consequently also lowered the 2021/22 soybean export forecast to 86.8 MMT.


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