Brazil on the right track for record production, while Argentina …

At 169 m tons, Brazilian soil production was expected to be 10% higher than in the previous year and 18% above the five -year average, according to the report on the foreign agricultural service of the USDA (FAS) in February of the world of agricultural production in February.

The harvested area was estimated on a record of 47.4 m ha, 3% higher than in the previous year and 13% above the five -year average.

The returns were estimated at 3.57 tons/ha, an increase of 7% compared to the previous year and 5% above the five -year average.

Overall, the expectations of the yields in Brazil were positive, according to the reports of USDA employees and soyboschen in Südmato Grosso and Northern Mato Grosso Do Sul States.

“Weather and plant conditions were positive in large parts of the middle of the country throughout the overall growing season, where about 44% of the soyboschen harvest have grown,” said the USDA.

However, the earnings potential was influenced in southern parts of the country by heat and drought, including Rio Grande Do Sul State and parts of the state of Paraná, although the recent rainfall in Rio Grande Do Sul had reduced some harvest stress.

USDA claimed his forecast for above -average soy returns in Brazil and left his production estimate unchanged.

In Argentina, the earnings were expected to drop due to hot and dry conditions.

The soyboic production in Argentina in 2024/25 was forecast with 49.0 million tons, which rose to the previous year compared to 2%.

The returns were predicted with 2.83 tons/ha, 4% lower than the volume of the previous year with an increase in the harvested area by 6% to 17.3 m ha.