Soybean growers in Brazil, the world’s second-largest producer after the U.S., harvested 86 percent of the current crop as of April 13, down from 87 percent a year earlier, crop researcher AgRural Commodities Agricolas said.
The outlook for the country’s soybean output in the crop year that started Sept. 1 was maintained at 66.7 million metric tons, Curitiba, Brazil-based AgRural said in an e-mailed report today.
Output of the oilseed will be less than the 75.3 million tons reaped in the previous harvest and the 73.1 million tons estimated initially for the current crop before dry weather damaged fields in southern Brazil.
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