Brazil will surpass the United States as the largest producer of soybeans this year, taking over the top ranking for the first time in history. The U.S. is expected to harvest 116.48 million tonnes of soybeans in 2018, falling short of Brazil’s estimated collection of 117 million tonnes for its crop year. Brazil’s toppling of the United States as the world’s largest soybean producer stems from logistical improvements, gains from planting second corn as a rotation crop and the unique ability to expand planted area. Brazil is already the world’s largest soybean exporter and expect to export a record 72 million tonnes this year.
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reuters.com, Robert Samora, 11.05.2018