CONAB raises Brazil soybean, corn guesses

Brazil’s equivalent of the USDA has increased its estimates for that nation’s corn and soybean crops. CONAB sees Brazil’s soybean crop at 166.143 million tons, 0.1% larger than the October guess and 12.5% above last year’s crop on higher planted area expectations. Combined corn production is pegged at 119.814 million tons, 0.1% more than a…… Continue Reading

Slightly better U.S. oilseed exports

A grain and oilseed analyst at Rabobank says oilseed exports are starting to pick up the pace. Andrick Payen tells Brownfield “exports are almost or are a little bit better than last year. There’s more crush capacity coming online this fall, which should help with record crop production, especially in soybeans.” Payen says the unknown…… Continue Reading

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