Bloomberg News

Brazil Soybean Harvest 17% Complete as of Feb. 17, AgRural Says

February 20, 2012

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.

--Editors: Carlos Caminada, Katerina Petroff

To contact the reporter on this story: Lucia Kassai in Sao Paulo at lkassai@bloomberg.net

To contact the editor responsible for this story: Dale Crofts at dcrofts@bloomberg.net


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