By Julio Bravo
Farm Futures
The seeding process for the Brazilian soybean crop has just started in some regions of Brazil, as discussed in the last blog. Despite weather issues that worry producers, the nation’s ag agency projects an increase of 15% more production in all grains for the coming growing year.
The 2020/2021 harvest came to 9 billion bushels (250 million tons) produced by Brazilian farmers, but the coming year is expected to be 11 billion bushels (300 million tons).