Brazil'S Soybean Production And Impact
AbstractSoybean production in Brazil has grown rapidly in recent years. The objective of this publication is to evaluate the potential impact of Brazilian soybean production on North Dakota and other producers. Brazil, followed by Argentina, is the leading producer in South America. All South American soybean production surpassed the United States during 2002-03. In Brazil, production and yields have grown the fastest in Mato Grosso (Center-West) and other expansion states that have Cerrado land. Soybean costs of production for 2003 harvest are considerably lower in Mato Grosso than in North Dakota and Iowa even when freight costs to Rotterdam are considered, giving them a strong competitive position in the world market. Consequently, Mato Grosso soybean production is considerably more profitable. In the future, a 500 percent increase in Brazil cropland acres is possible. It would appear that world demand can accommodate the current pace of growth in Brazil at prices profitable to North Dakota producers.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoPaper provided by North Dakota State University, Department of Agribusiness and Applied Economics in its series Extension Bulletins with number 23092.
Date of creation: 2003
Date of revision:
Brazil; soybeans; production; exports; expansion; cost of production; competitiveness; Production Economics;
You can help add them by filling out this form.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (AgEcon Search).
If references are entirely missing, you can add them using this form.