Foreign media, March 17 news: The production forecast report released on Thursday lowered its forecast for Brazil’s soybean production in 2021/2022 to 124.6 million tons, which is 10.6 points lower than the company’s estimated output of 139.4 million tons in the previous year. percentage point. The lower production is due to severe drought in southern Brazil, including the main producing states of Parana and Rio Grande do Sul, where average yields fell by 38.7% and 56.2%, respectively. Production in the Midwest, such as Mato Grosso and Goias, was higher than the previous year. The top producing state, Mato Grosso, averaged 60.7 bags per hectare (60kg per bag), an increase of nearly 5% year-on-year. This forecast takes into account the impact of rains in the state that disrupted harvesting.
