Conab significantly lifted soybean crop estimate

The Brazilian agricultural market analyst Conab has today given an further harvest estimate for soybeans. After that, the company commissioned by the Government expects a bumper crop of 103.8 million tons of soybeans.
The December forecast was still at 102,45 million tons but I developed very good weather for the benefit of the vegetation. During the marketing period of last year, Brazil harvested 95.4 million tons of soybeans.

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