Agricultural Economics Department

 

Date of this Version

4-25-2018

Citation

Cornhusker Economics, April 25, 2018, agecon.unl.edu/cornhuskereconomics

Comments

Copyright 2018 University of Nebraska

Abstract

Brazil has become a strong competitor in world soybean production. In 2014, Brazil produced 28% of the world’s soybeans, while the United States produced 34%. Brazil increased its production sharply during the 1990s and 2000s, partly due to the expansion into the Amazon forest region. Soybean was one of the main commodities that led to this expansion. In 2016, the Legal Amazon region produced 33% of the Brazilian soybean production compared to 15% in 1990 (Figure 1).

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