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8 million tons last year, higher than the previous year , driven by a record harvest in 2020/21.
2%, the highest level in history
.
According to the agency's data, the output of soybean meal was 36.
8 million tons, an increase of 2.
1% over the previous year, of which 19.
2 million tons were sold in the domestic market and 17.
2 million tons were sold abroad; the production of soybean oil was 9.
6 million tons, an increase of 0.
8% over the previous year, of which 800 million tons were produced.
10,000 tons were kept at home and 1.
7 million tons were exported
.
8 million tons, an increase of 2.
1% over the previous year, of which 19.
2 million tons were sold in the domestic market and 17.
2 million tons were sold abroad; the production of soybean oil was 9.
6 million tons, an increase of 0.
8% over the previous year, of which 800 million tons were produced.
10,000 tons were kept at home and 1.
7 million tons were exported
.
With the mandatory biofuel blend remaining at 10%, rather than increasing to 14% in 2022 as originally set, the agency expects soybean oil sales to the domestic market to fall to 7.
9 million tons this year, with exports totaling 1.
7 million tons
.
Inventories would rise by nearly 30% to 620,000 tonnes, up from a forecast of 370,000 tonnes in January
.
9 million tons this year, with exports totaling 1.
7 million tons
.
Inventories would rise by nearly 30% to 620,000 tonnes, up from a forecast of 370,000 tonnes in January
.
Abiove expects soybean production in 2021/22 to be 125.
3 million tonnes (138.
9 million tonnes in 2020/21) and exports of 77.
7 million tonnes (last year: 86.
1 million tonnes)
.
This was mainly due to crop failures in southern regions and parts of Mato Grosso do Sul
.
3 million tonnes (138.
9 million tonnes in 2020/21) and exports of 77.
7 million tonnes (last year: 86.
1 million tonnes)
.
This was mainly due to crop failures in southern regions and parts of Mato Grosso do Sul
.
