NEWS
Abiove Raises 2013 Soy Forecast
Tue Feb 5, 2013 01:38 PM CST

BRASILIA (Dow Jones) -- Brazilian soy-industry association Abiove raised its forecast for soy production for the 2013 growing season, while cutting its estimate for the 2012 season.

The group raised the forecast for 2013 to 82.3 million metric tons from 81.6 million tons in its December forecast. The estimate for 2012 was trimmed to 67.3 million tons from 67.7 million.

The group also reduced its estimate for soy processing in 2012, to 35 million tons from 35.4 million tons.

(BS)

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