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Brazil Set to Break Soybean Acreage Record

by smart

[Music] brazil is likely to expand soybean acreage again this year early soybean plantings in brazil typically begin in september planting accelerates in october early estimates suggest that acreage will expand by four to six percent this year versus 2020. high prices and the continued expansion of agricultural area are responsible for the probable increase usda’s office in brazil estimates soybean plantings this fall at a whopping 99.6 million acres this would be the most soybean acres that any country has ever planted in a given year surpassing only brazil’s own record from last year the global soybean balance sheets are tight relative to recent years but could certainly loosen up if another big brazilian crop is realized [Music]


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Brazil Set to Break Soybean Acreage Record
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