Feb. 20 (Bloomberg) -- Soybean growers in Brazil, the world’s second-largest producer after the U.S., have harvested 17 percent of the current crop as of Feb. 17, up from 9 percent a year earlier, researcher AgRural Commodities Agricolas said in an e-mailed report.
AgRural maintained its forecast for Brazilian soybean output in the crop year that started Sept. 1 at 70.2 million metric tons.
The output will be less than 75.3 million tons harvested in the previous crop year and 73.1 million tons estimated initially for the current crop before a drought parched fields in southern Brazil.
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