NEWS
South America Calling
Alastair Stewart South America Correspondent
Tue Nov 11, 2014 07:05 AM CST

Brazil's agriculture ministry refined its forecast for 2014-15 soybean output in its latest crop report.

Production is pegged at a record 89.3 million metric tons to 91.7 million metric tons, a slightly tighter range than the 88.8 mmt to 92.4 mmt forecast in October but with a similar center point.

The official figure for the world's No. 2 crop is at the low end of the range of forecasts for the current crop, which go as high as 96 mmt.

Production is seen growing 3.7% to 6.5% from last year on a 2.3% to 5.1% increase in area.

The report, ...

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