-Conab Brazil's estimated soyabean crop for 2017-2018 has been revised up to 118.88 million tonnes, compared with the previous forecast of 118.05 million tonnes, and last year's figure of 114.08 million tonnes. However, estimates for the country's second corn crop has been revised down to 56.01 million tonnes, following a previous forecast of 58.22 million tonnes, well below last season's 67.38 million tonnes. The Brazilian government is expected to announce its final soybean harvest figures on October 1, but it will be difficult to know how much more production there might be.
Brazil's estimated soyabean crop for 2017-2018 has been revised up to 118.88 million tonnes, compared with the previous forecast of 118.05 million tonnes, and last year's figure of 114.08 million tonnes. However, estimates for the country's second corn crop has been revised down to 56.01 million tonnes, following a previous forecast of 58.22 million tonnes, well below last season's 67.38 million tonnes. The Brazilian government is expected to announce its final soybean harvest figures on October 1, but it will be difficult to know how much more production there might be.