Brazilian soybean production forecast lowered

Drought is causing crop stress
calendar icon 12 January 2022
clock icon 2 minute read

In a statement on Wednesday, Abiove said it expected Brazil to produce 4.8 million fewer tonnes of soy this year, pegging total output at 140 million tonnes, reported Reuters.. Because of lower product availability, Abiove also cut its export projection by 2% to 91.1 million tonnes.

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