Browse Data and Analysis

For marketing year (MY) 2022/23 Post projects continued expansion of soybean planted acreage to 1.225 million hectares (HA) and production of 2.8 million metric tons (MMT).

In marketing year (MY) 2022/2023 Post forecasts Uruguay to increase its wheat area somewhat, but production and exports would be marginally lower than in the past two marketing years due lower expected yield.

The drought in Andalucía is anticipated to drive down area planted to cotton in Spain in MY2022/23. However, cotton crop area is highly inelastic given the few alternative crops available, and the fact that a significant part of the CAP payment to cotton continues to be linked to production partially offsets the potential area reduction.