Latin America will make up for lower soybean production in the U.S. during the 2012-13 crop season, researcher Celeres said.

Brazil, Argentina, Uruguay, Bolivia and Paraguay will account for 55.4 percent of the world’s soybean production for the next crop season and 59.4 percent of the oilseed exports, Celeres said in an e-mailed report today.

To contact the reporter on this story: Mario Sergio Lima in Brasilia Newsroom at mlima11@bloomberg.net

To contact the editor responsible for this story: James Attwood at jattwood3@bloomberg.net