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Brazil's Mato Grosso state produces record soyabean crop

Posted by Rafael Moro

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Image: Pixabay

The Brazilian state of Mato Grosso has produced its largest recorded soyabean crop, AgriCensus reported the state's agriculture institute IMEA as saying.

Mato Grosso's soyabean yields totalled 59.3 bags/ha in 2021/22, according to IMEA, representing a 3.3% year-on-year increase.

Based on the latest figures, the state produced 40.9M tonnes of soyabeans in 2021/22, IMEA said, an all-time high and 13.3% higher year-on-year.

IMEA used satellite images to calculate the total soyabean planted area for 2021/22 at 11.5M ha, a 5.1% increase compared to its previous estimate released in early-May and a 9.7% jump compared to the previous marketing year. High prices and robust demand were driving the increase in soyabean planted area, IMEA said.

Meanwhile, the 2021/22 corn estimates were reduced by 0.5% to 39.2M tonnes, according to IMEA's forecasts reported by AgriCensus on 7 June.

Source: Oils & Fats Internacional (OFI)