Brazil oilseed production expected to beat last year's levels

06 June 2013 17:34  [Source: ICIS news]

MEDELLIN, Colombia (ICIS) --Brazilian production of cereals, legumes and oilseeds for 2013 is estimated to surpass levels seen in 2012, the Brazilian Institute of Geography and Statistics (IBGE), a government agency said in its most recent harvest report on Thursday.

The most recent forecasted harvest for 2013 is 185.9m tonnes, 14.8% higher than the 161.9m tonnes harvested in 2012, IBGE said in the report.

The area to be harvested in 2013, estimated at 52.9m hectares (131m acres), increased by 8.4% over the 48.8m hectares harvested the previous year, the agency said.

The data showed an increase in the area to be harvested of 8.9% for corn and 10.9% for soybeans.

Estimated production for this year is expected to reach 10% higher for corn and 23.5% higher for soybeans over the previous year, IBGE said.

Oil seeds including rapeseed, soy and palm oil are the most commonly used feedstocks for biodiesel.

Corn and tallow are also used. Rapeseed methyl ester (RME) is mainly produced in Europe; soy methyl ester (SME) comes mainly from the Americas and palm methyl ester (PME) from Asia, in particular Malaysia and Indonesia.

By: Leela Landress
+1 713 525 2653

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