Soy on recovery course

Yesterday the red signs were no longer able to prevail in soybeans and were replaced by solid profits. Only in the case of shot were the profits more moderate. The market reacted yesterday to the latest forecast from Conab analysts. According to local experts' estimates, the oilseed harvest should amount to 146.9 million tons and has therefore been revised downwards. As with corn, the reason for the correction was the poor growing conditions. There was a lack of rainfall and the soil had not yet been able to recover properly from the ongoing drought. The USDA expects a harvest of almost 155 million tons and is also more positive about soy

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