Brazil’s Soybean Forecast Remains Steady Despite Drought Concerns

The StoneX consultancy firm has maintained its record-breaking forecast for Brazil’s 2024/25 soybean crop. The firm predicts a harvest of 165.03 million tons, unchanged from its September estimate. This projection comes as planting begins across the country. StoneX analyst Ana Luiza Lodi believes it’s too early to revise the forecast. She notes that current drought […]

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