USDA World Agricultural Production (April 9): Brazil's Record Soybean Production Revised Higher

Brazil soybean production for marketing year 2020/21 is forecast at a record 136.0 million metric tons (mmt), up 2.0 mmt (1 percent) from last month and 7.5 mmt (6 percent) from last season’s revised record crop of 128.5 mmt.

The latest forecast is found in the April 9 U.S. Department of Agriculture World Agricultural Production report.

The harvested area is forecast at a record 38.6 million hectares (mha), up 1.7 mha (5 percent) from last season’s record.

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Yield is forecast at a record 3.52 tons per hectare, 1 percent above last season and close to the 10-year trend.

Although Brazil had weather-related delays in sowing and harvesting, record output is expected for a second consecutive year.

Nationally, about 80 percent of the soybean crop has been harvested. Dry weather has allowed rapid harvest gains during the past two weeks in the center-west states.

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