FCStone raises estimate to Brazilian soybean crop

The consulting firm FCStone estimated today that the next soybean harvest in Brazil will be 120.19 million tonnes. In October, 119.34 million tonnes were still expected.
In addition, the first corn crop in summer in the southern hemisphere will be 27.08 million tons. This estimate is unchanged from the last one.
Soybean exports in the 2018/19 season should be 1 million tonnes smaller than last, at 75 million tonnes.

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