NEWS
Mixed Messages on Brazil Soy
Alastair Stewart South America Correspondent
Mon Mar 31, 2014 03:25 PM CDT

SAO PAULO, Brazil (DTN) -- Private Brazilian analysts are giving mixed messages on the size of the country's soybean crop.

Over the weekend, Safras e Mercado raised its 2013-14 soybean view to 86.9 million metric tons from 86.1 mmt following a small upward adjustment in planted area and improved weather conditions over the last month.

In contrast, AgRural lowered its crop view from 86.0 mmt to 85.6 mmt following reports of lower-than-expected yields in the northeastern states of Bahia and Maranhao and the southeastern state of Minas Gerais.

Despite the diverging news coming out of Brazil, with the harvest over ...

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