Conab Ups Soy Crop Forecast
Thu Feb 7, 2013 01:04 PM CST

BRASILIA (Dow Jones) -- Brazil's soybean crop, already forecast to be a record harvest, will be even bigger than previously expected after high prices in international markets encouraged farmers to plant more of the oilseed, government crop agency Conab said Thursday.

Brazil's soy production for the 2012-13 harvest should increase 25.7% to 83.4 million metric tons, the agency said in its report. The soy crop is being harvested from late January through June.

Brazil's 2011-12 soybean crop shrank about 12% from the previous year, to 66.4 million tons, as yields plunged due to a severe drought in southern states. The ...

Quick View
Related News Stories
USDA Cuts US Soy Exports Estimate
Exporters Report Soybean Sale
Brazil Forecasts Record Soy Crop
Exporters Report Soybean Oil Sale
Brazil Planting Edges Forward
USDA Restarts Soybean Crush Reports
Exporters Report Soybean Sale
Todd's Take
Exporters Report Soybean Sales
China Buys 484 MB of Soybeans