News

Datagro reduces projection for 2022/23 soybean crop in Brazil to 150.81 million tons

Soybean
Maize (Corn)
Brazil
Published Mar 2, 2023

Tridge summary

SAO PAULO (Reuters) - Soybean production in Brazil was estimated at 150.81 million tonnes for the 2022/23 crop year, consultancy Datagro said on Wednesday, down from the 152.08 million tonnes projected in January.

Original content

SAO PAULO (Reuters) - Soybean production in Brazil was estimated at 150.81 million tonnes for the 2022/23 crop year, consultancy Datagro said on Wednesday, down from the 152.08 million tonnes projected in January . The reduction occurs in the midst of a drought that hit crops in Rio Grande do Sul and reduced the productive potential. "Despite the cut, if confirmed, it would set a new national record, being 16.3% higher than the frustrated and revised harvest harvested last year, of 129.65 million tons", said the consultancy in a note. Datagro still estimated the production of corn second crop in Brazil at 102.91 million tons, 7.8% ...
Source: Mixvale
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