Brazil's soybean crop forecast rises to record 170.4 million tons, says Pátria AgroNegócios

Brazil's 2024/25 soybean crop is projected to reach a record 170.41 million tonnes, a 15.3% increase from the previous season, due to favorable weather conditions, according to consultancy Pátria AgroNegócios. The total corn production is expected to rise to 129.27 million tonnes, marking an 11.7% year-on-year growth.

SÃO PAULO (Reuters) - Brazil's 2024/25 soybean crop was estimated on Wednesday at a record 170.41 million tonnes, according to a survey by consultancy Pátria AgroNegócios, which revised its figure by more than 4 million tonnes compared to the previous projection amid favorable weather conditions for crops. The expectation represents an increase of 15.3% compared to last season, which was affected by drought in several parts of the country and floods in Rio Grande do Sul. Brazil's total corn production in 2024/25 should reach 129.27 million tonnes, compared to 127.55 million tonnes in the previous forecast, ...