Soybean Crop Prospects in Brazil and Argentina, could total 123 million tons

Posted on May 11, 2011 • Filed under: Agriculture, Argentina, Brazil

Soybean crop prospects in Brazil and Argentina, the second- and third-biggest exporters of the oilseed behind the U.S., have improved, researcher Oil World said in a report Tuesday. Growers in Brazil will produce 73 million metric tons of soybeans, up from a record 68.7 million tons a year ago, and farmers in Argentina will harvest 49.5 million tons, up 1% from a prior estimate. Read Article

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