required report public distribution date 5 1 2005 gain number br5613 br5699 brazil oilseeds and products annual approved by oliver flake agricultural attaché us embassy prepared elizabeth mello highlights disappointment continues for many brazilian soybean farmers in 2004 05 as a drought that affected nearly half the producing states caused mediocre yields high production costs strong real relative to dollar also resulted unfulfilled potential s sector second year row is forecast at 54 mmt area estimated 22 8 million hectares stocks are continue significant percentage of crop on farm maxed out storage facilities expected expand mildly 06 59 23 expansion north center west growth south comes close includes psd changes yes trade matrix brasilia br1 br usda foreign service global agriculture information network template version 2 09 page 40
