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South American soybeans area and production to hit record, says consulting firm

The first survey conducted by Datagro consultancy for the 2022/23 soybean harvest in South America estimates production of 219.34 million tons (t).

If confirmed, it would mean a 21% increase over the 181.95 million tons of the frustrated 2021/22 season.

For the area, 66.09 million hectares (ha) are forecast, a 3% increase over the 63.87 million ha of the revised 2021/22 harvest. It would set a new historical record and . . .

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