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Montevideo, May 22nd 2018 - 02:03 UTC

Tag: National Supply Company

  • Friday, February 9th 2018 - 20:18 UTC

    Brazilian current soy crop estimated at 110.4m tons, but 3.2% less than last year

    After a slow start, the rainy season has been beneficial for the soybeans since early November and as a result, Conabs soybean estimate could move higher. Pic: Cadu Gomes/CB/D.A Press

    In their latest monthly report, Conab (National Supply Company) increased their estimate of the 2017/18 Brazilian soybean crop by 1.2 million tons and they slightly increased their Brazilian corn estimate. Conab is now estimating the 2017/18 Brazilian soybean crop at 110.4 million tons which is 1.2 million tons more than last month's estimate (109.1 million tons). If realized, the 2017/18 crop would be 3.6 million tons lower than the 114.0 million tons produced last year (-3.2%).