Browse Data and Analysis

Post forecasts that Brazilian producers will expand soybean planted area to 48.2 million hectares (ha) in the 2025/26 season, up from an estimated 47.3 million ha in 2024/25.

Post increased its estimate for soybean production in 2024/25 to 161 million metric tons (MMT), from the previous estimate of 160 MMT.

FAS/Managua projects marketing year 2024/25 peanut production to rebound to a record high of 230,000 metric tons on sustained high area planted and improved growing conditions following a damaging El Niño cycle in 2023/24.

Post forecasts that Marketing Year (MY) 2024/25 planted area will expand at a slower growth rate, reaching 45.6 million hectares (ha). Post forecasts MY 2024/25 production at 157.5 million metric tons (MMT), 4.9 MMT more than the revised estimate in MY 2023/24.

Post forecasts that Brazilian producers will expand soybean planted area to reach 45.2 million hectares (ha) in 2023/24 season, up from the estimated 43.5 mn ha planted in the 2022/23 season.

FAS/Managua projects marketing year 2023/24 Nicaraguan peanut production to return to historic high levels, near 200,000 metric tons on an in-shell basis, as deteriorating political conditions and rising economic instability improve the risk-reward calculations of peanuts relative to longer-term investments in sugar or cattle.

Post forecasts that Brazilian producers will expand soybean planted area at a slower pace, to 42.5 million hectares (ha) in 2022/23, up from the estimated 40.7 mn ha planted in the 2021/22 season. Post forecasts 2022/23 soybean production at 139 million metric tons (MMT), up from the estimated 124.8 MMT harvest this season, assuming return to normal weather conditions.

FAS/Managua expects 2022 peanut and oil production to remain flat from the previous year, with the vast majority of peanuts and virtually all peanut oil exported overseas.

Post lowered its 2021/22 forecast for soybean planted area to 40.4 million hectares (ha) and soybean production to 136 million metric tons (MMT). This season sowing began optimistically, with most soybeans planted on time compared to last year.

For Marketing Year (MY) 2020/2021, Nicaragua's peanut production reached over 194,000 metric tons (mt), which is a 21 percent increase compared to the previous cycle

Post forecasts that Brazilian producers will expand soybean planted area to reach 40 million hectares (ha) in 2021/22 season, up from the estimated 38.5 mn ha planted in the 2020/21 season.

Nicaragua peanut production fell 11 percent in marketing year (MY) 2019/2020 dropping to 158,000 metric tons (MT).