Last week, Brazil’s 2023/24 soybean crop projections fell below 150 million tons, as reported by Safras & Mercado and Conab. The USDA’s forecast now sits at 156 million tons, a conservative cut. Safras projects a 5.5% decrease in soybean production to 149.076 million tons, down from last season’s 157.83 million tons. Adjustments reflect changes in […]
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