Brazil and USA make soybean the ‘grain of the Americas’
The continuous production growth led Brazil to the top of the global ranking of soybean export. However, the country is not alone. The United States, which has an advantage of over 10 million tons in production this season, should dispute the global leadership in the exports, after Brazilians closed the last two harvests in front of the North-Americans. A competition between giants that concentrates 75% of the production (or 252.4 million tons in 2014/15) in the Americas.
The most recent numbers from Usda, the department of agriculture of the USA, for the harvest year 2014/15 (September 2014 to August 2015) showed a technical tie between the North-American and the Brazilian shipments. The forecast is that 46.8 million tons will be exported by USA and 46.7 million tons by Brazil.
According to analysts, the only region in the world with the potential to threaten the South-American supremacy in soybean would be Africa. “The launch of water stress resistant crops should place the African continent on the soybean map, but this is a reality that should only start to reach the fields in the next 10 or 15 years. I would say that the leadership will remain with “South America” for at least the next 50 years”, foresees Stefanelo. To the economist, the natural evolution of this leadership in the production of soybean would be the tip in the production of milk and meats. “And that is where we are heading to", he evaluates.
The information is from Gazeta do Povo newspaper