Uruguay’s 20/21 soybean planted area to expand 5%: Unicampo

Uruguay’s soybean planted area could increase by up to 5% in the 2020/21 crop cycle compared with the previous crop, local...

Uruguay’s soybean planted area could increase by up to 5% in the 2020/21 crop cycle compared with the previous crop, local consultancy firm Unicampo has told Agricensus.

The preliminary area planted with soybeans is expected to reach approximately 1.05 million hectares, Unicampo’s general director Esteban Hoffman told Agricensus.

However, Hoffman highlighted that soybean sowing is being affected by a lack of water in some areas of the country.

Uruguay exported a total of 1.96 million mt of soybeans in the first nine months of the year, with 63% heading to China, compared with 2.27 million mt in the same period of 2019, with 72% heading to China according to Uruguay XXI.

Uruguay’s 2019/20 soybean crop reached 2 million mt, well behind the initial estimate of 3 million mt, according to previous government data with lower production down to severe drought that hit several growing regions in the south of the country including San Jose, Florida and Maldonado.

For the 2020/21 crop season, the USDA expects total soybean production to reach 2.09 million mt, down compared with 1.99 million mt in the previous crop and 2.83 million mt in the 2018/19 cycle.

What to read next
The tungsten market was changing, Fastmarkets heard in the week to Wednesday June 24, and in a trading environment that was becoming less globalized and more fragmented, alongside trade tensions between the US and China in particular, the relationship between prices within China and outside the country has shifted.
The geopolitics-led diversification of critical minerals supply chains is broadly viewed as a tailwind to the lithium market, senior executives said during the Executive Keynote Panel at Fastmarkets’ Global Lithium, Battery and Critical Materials in Las Vegas on Tuesday June 23.
South China, which includes the provinces of Guangdong, Guangxi and Fujian, accounts for 25 million tonnes of containerboard capacity annually, about a quarter of China’s total, according to Fastmarkets’ database. The region also holds around one-third of the nation’s corrugated converting capacity and remains a key manufacturing and trading hub with significant demand for corrugated […]
Fastmarkets also clarified the names of the four containerboard assessments: As part of the process of standardizing price nomenclature for forest products, their names will be as follows: The prices are part of the Fastmarkets Paper Packaging price package. To provide feedback on these prices or if you would like to provide price information by becoming […]
Chinese zinc ingot exporters remain on standby on Monday June 22, after months of market positioning, with traders and smelters still waiting for a clearer margin signal before moving cargoes at scale, market participants told Fastmarkets.
These price assessments were previously based on underlying data from UM Paper-branded prices, which were discontinued in October 2025. Since then, the prices have been independently assessed by Fastmarkets’ price reporting team. Presenting them as a range, rather than a single number, will better reflect market developments. The proposed amendment will not affect historical prices. The […]