MercoPress. South Atlantic News Agency

Brazil forecasts 110m tons of soybeans and 25m tons of corn in 2017/18 harvest

Brazilian official crop agency Conab has raised its crop estimates for soybeans and corn in 2017-18, as improved weather boosts yields and planted areas are revised higher.
Conab said in a monthly report that the current soybean crop, which was already planted and is under development, will reach 110.44 million tons, up from 109.18 million tons in December but still below the record of 114.08 million tons in 2016-17. Read full article