Brazil forecast wheat crop by 2015 to 7.05 million tons

Brazil CONAB estimates the Brazilian wheat crop by 2015 at 7.05 tons (2014: only 5,97 EUR million tons).

Also, CONAB increased the estimate of the soybean harvest 2014/15 to 95,07 million tonnes (April estimate: 94,28 tonnes).

The forecast for the entire corn crop slightly reduced by 78.99 million metric tons (April estimate) 78,59 million tons. Thereof fall 30,70 million tons to the first harvest and 47,89 million tons on the second harvest.