![]() will reach 90 million acres in 2030, an increase of 8.3% in 10 years. Meanwhile, the USDA expects that the planted area in the U.S. Department of Agriculture (USDA).īrazilian soybean acreage is expected to grow 27% in the next 10 years, reaching 116 million acres, according to MAPA. In the United States, production should reach 4,905 million bushels in 10 years, an increase of 18.6% in the same period, according to the U.S. The Ministry of Agriculture, Livestock and Supply (MAPA) projects that Brazil will produce 5,751 million bushels of soybeans in 2030, an increase of 15.2% compared to the 2020/21 crop (see Figure 1). ![]() In the future, Brazils grain production is projected to outpace that of the United State. In recent years, Brazil surpassed the United States as the world’s largest soybean producer. In addition, recent advances in logistics, such as on the railroad called the North-South, should create opportunities to improve competitiveness in the transportation sector. The growth Brazilian acres are expected to be continue higher than the United States and Argentina, two of the other major producers of soybeans. The area harvested this season is also at a record of 95.16 million acres, up 4.2% from last season. In the 2020/21 season, Brazil produced a record of 4,994 million bushels of soybeans, up 8.9% from last season’s record crop of 4,587 million bushels, according to data from the National Supply Company (Conab). Illinois Farmland Leasing & Rental Formsīrazil is projected to retain its position as the largest soybean producer over the next decade.Illinois Crop Budgets & Historic Returns.Farmland LEasing Facts Sheets & Pricing Information.Illinois Soil Productivity & Yield Utilities. ![]() Briomass Crop Budget Tool – Miscanthus & Switchgrass. ![]() Appraisal of Current Financial Position.Balance Sheet & Historical Financial Statements.Post Application Coverage Endorsement Tool (Sheet).precision conservation management (PCM). ![]()
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