NEWS
Agroconsult Sees Record Brazil Soy Crop
Alastair Stewart South America Correspondent
Tue Jan 14, 2014 10:49 AM CST

SAO PAULO, Brazil (DTN) -- With the exception of a couple of dry areas in southern Mato Grosso do Sul and Sao Paulo states, Brazil's 2013-14 soybean crop is in excellent condition going into harvest season, Agroconsult, a leading local farm consultancy, said Tuesday.

As a result, it raised its crop forecast to a record 91.6 million metric tons (mmt), 11% higher than last year and above the market consensus that sits at around 89 mmt to 91 mmt.

Crops in Mato Grosso, the No. 1 soy state, and most of Parana, the No. 2 state, are in better conditions ...

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