Drought dims outlook for Brazil’s soybean crop

Brazil’s soybean belt is critically short of rainfall, in the view of consultancy Oil World, which sees a harvest of 89 million tonnes this season, said AgriMoney. That would be an increase from last year’s 86.7 million tonnes but smaller than forecasts that run as high as 94 million tonnes for the world’s No 2 grower.… » Read More

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