DATAGRO’s first estimate of soybean plantation for the 2018/19 crop in South America indicates that the planted area is expected to reach 59.522 million hectares, an increase of 4% compared to the 57.131 million hectares of the season 2017/18. “If the forecast is confirmed, it will be a new historical record,” says DATAGRO grain analyst Flávio Roberto de França Júnior.
According to France Júnior, under normal climate conditions, production is expected to reach 191,608 million tonnes, 14% above the 168,346 million tonnes of the 2017/18 cycle.
Countries
Brazil: the area is expected to reach 36.112 million hectares, up 3%, with production estimated at 121.156 million tons, 2% above the 118.375 million tons of the previous harvest.
Argentina: The planted area is expected to reach 17.4 billion hectares, up 8%, with production expected to be 54 million tonnes, up 50% from the previous year’s 36 million tonnes.
Paraguay: the planted area is expected to reach 3,600 million hectares, up 3%, with production estimated at 10,500 million tons, 5% above the amount of 10 million tons of the previous harvest.
Bolivia: The planted area is expected to reach 1.310 million hectares, up 4%, with production forecast at 3.052 million tons, 21% above the 2,531 million tons of the previous season.
Uruguay: The planted area is expected to reach 1.1 billion hectares, stable compared to the previous crop, with production expected at 2,900 million tons, 101% above the 1,440 million tons of the previous cycle.
This text was translated by machine from Brazilian Portuguese.