Brazilian soybean production forecast lowered
Drought is causing crop stress
12 January 2022
3 minute read
By: 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.
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.
