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Brazil'S Soybean Production And Impact

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  • Flaskerud, George K.

Abstract

Soybean 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.

Suggested Citation

  • Flaskerud, George K., 2003. "Brazil'S Soybean Production And Impact," Extension Bulletins 23092, North Dakota State University, Department of Agribusiness and Applied Economics.
    • Handle: RePEc:ags:nddexb:23092
    DOI: 10.22004/ag.econ.23092
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    File URL: https://ageconsearch.umn.edu/record/23092/files/eb030079.pdf
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    Cited by:

    1. Gaitán-Cremaschi, Daniel & Kamali, Farahnaz Pashaei & van Evert, Frits K. & Meuwissen, Miranda P.M. & Oude Lansink, Alfons G.J.M., 2015. "Benchmarking the sustainability performance of the Brazilian non-GM and GM soybean meal chains: An indicator-based approach," Food Policy, Elsevier, vol. 55(C), pages 22-32.
    2. Song, Baohui & Marchant, Mary A. & Xu, Shuang, 2006. "Who Dominates Market Power for U.S.-China Soybean Trade?," 2006 Annual Meeting, February 5-8, 2006, Orlando, Florida 35407, Southern Agricultural Economics Association.
    3. Geraldes Castanheira, Érica & Grisoli, Renata & Freire, Fausto & Pecora, Vanessa & Coelho, Suani Teixeira, 2014. "Environmental sustainability of biodiesel in Brazil," Energy Policy, Elsevier, vol. 65(C), pages 680-691.
    4. Colyer, Dale, 2004. "Land, Land Use and Competitiveness," Working Papers 19099, West Virginia University, Department of Agricultural Resource Economics.
    5. Stefanie Engel & Charles Palmer & Luca Taschini & Simon Urech, 2015. "Conservation Payments under Uncertainty," Land Economics, University of Wisconsin Press, vol. 91(1), pages 36-56.

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    Keywords

    Production Economics;

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