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Current Position:Home » News » General News » Topic

Agency cuts Brazil soybean crop guess

Zoom in font  Zoom out font Published: 2012-05-08  Origin: Dow Jones Newswires
Core Tip: Brazilian agriculture consultancy Safras Mercado on Monday trimmed its forecast for Brazil's 2011-12 soybean crop, saying a drought this year represented farmers' worst fears realized.

Brazilian agriculture consultancy Safras & Mercado on Monday trimmed its forecast for Brazil's 2011-12 soybean crop, saying a drought this year represented farmers' "worst fears" realized.

Safras now sees Brazil harvesting 66.82 million metric tons of soybeans this year, down 10% from 2010-11 and a 2.1% reduction against the firm's March crop forecast.

 
keywords: Brazil soybean
 
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