2024 Soybean Outlook: Brazil Expects Export Decline

Abiove, the Brazilian Association of Vegetable Oil Industries, recently revised Brazil’s soybean harvest estimate for 2023/24 to 161.9 million tons. This figure falls short by 2.8 million tons compared to the November forecast but still sets a new record high for the country’s soybean production. Despite encountering climatic challenges in Mato Grosso, Brazil’s top soybean-producing […]

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