Brazil's soybean output projected to fall 6.7% year-over-year to 69.8 million tonnes in crop year that began Aug. 1, after drought damages crops, forecast says
Andrew Rogers
LOS ANGELES
,
March 5, 2012
(Industry Intelligence)
–
Brazil’s soybean harvest is projected to fall this year after crops suffered drought damage, forecaster Celeres said, Bloomberg reported March 5.
Production for the crop year that began Aug. 1 will fall 6.7% year-over-year to 69.8 million tonnes, down from a previous estimate of 72 million tonnes, Celeres said.
The primary source of this article is Bloomberg, New York, New York, on March 5, 2012.
* All content is copyrighted by Industry Intelligence, or the original respective author or source. You may not recirculate, redistrubte or publish the analysis and presentation included in the service without Industry Intelligence's prior written consent. Please review our terms of use.
