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Approved by the World Agricultural Outlook Board United States Department of Agriculture Foreign Agricultural Service Circular Series WAP 10-22 October 2022 Brazil Soybeans: Record Production, 20 Percent Larger than Last Year Brazil soybean production for marketing year (MY) 2022/23 is forecast at a record 152.0 million metric tons (mmt), raised higher by 3.0 mmt (2 percent) from last month, and higher by 25.0 mmt (20 percent) from last year. Harvested area is estimated at a record 42.9 million hectares (mha), up 0.9 mha (2 percent) from last month and up 1.4 mha (3 percent) from last season. Yield is forecast at close to the 10-year trend yield at 3.54 tons per hectare (t/ha), slightly below last month and 16 percent greater than last season. This would be the highest yield on record, with the prior record at 3.53 t/ha reached in MY 2020/21. World Agricultural Production The new soybean season began with the end of the soybean moratoriums beginning in mid-September. Overall planting i...