FC Stone has increased its soybean harvest by 2.7% to March forecast to 115.9 million tonnes in its forecast released for Brazil today. The export potential 2017/18 now stands at 69.5 million tonnes (previous year: 68.15 million tonnes).
Further estimates:
first corn harvest: 23.37 million tonnes (unchanged from the previous month)
second corn harvest: 63.09 million tonnes (March forecast: 62.8 million tonnes)
Corn export potential 2017/18: 30 million tonnes (2016/17: 30.84 million tonnes)
