CONAB says Brazilian is on track to reach record soybean production
In Missouri, Brownfield reported that Brazil’s Conab said that with harvest nearly over, soybean production should be around 168.342 million tons, up 14% on the year, with the yield rising 10.5% thanks to improved weather.
The report noted that second crop corn planting has wrapped up in Brazil with the crop pegged at 99.803 million tons, 10.8% above a year ago, and a significant portion of that probably headed for the export market.
The first corn crop harvest is 77.6% complete, with that crop seen at 24.688 million tons and total corn production is expected to be 126.879 million tons, 9.9% larger than last year, the report added.
Category: Food & Agriculture
