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Montevideo, November 24th 2024 - 03:51 UTC

Stories for December 22nd 2016

  • Thursday, December 22nd 2016 - 23:22 UTC

    A good one for Brazil: excellent prospects for agribusiness in 2017

    Brazilian soybean production in 2016/17 could increase by 9.2% to 106.085 million tons, according to news reports.

    Brazil’s farm economy will rebound in 2017 with a record harvest pushing up grain exports and expanding the country’s livestock industry, according to analysts’ forecasts. An estimated record grain harvest of 213.1 million tons would be 14% larger than last year, when crops were devastated by drought, according to Brazil government estimates. The harvest will start in January.