South America Calling
Alastair Stewart South America Correspondent
Thu Feb 26, 2015 02:29 PM CST

Agroconsult, a Brazilian farm consultancy, Thursday raised its forecast for the local 2014-15 soybean crop by 828,000 metric tons to 94.7 million metric tons based on the good health of the crops encountered during the first three stages of its Rally da Safra crop tour.

The hike bucks the recent trend for declining estimates due to the dry January in the top-producing Center-West region.

The strong development of the crop in the southern states of Rio Grande do Sul and Parana and the center-west state of Mato Grosso do Sul will offset losses registered due to dry weather in Minas ...

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