108 MMT South Americas Soybeans Likely, Whisper Numbers Creep to 111

March 7, 2017 02:40 PM

Spring planting is getting ready to begin in the U.S. while the South American harvest season is coming to a close. Informa Economics increased its soybean production forecast for Brazil to 108 million metric tons, an increase of 1.5 million tons.

This differs from the USDA’s prediction of 104 million tons, making Brazil second in global soybean production to the U.S.

Ted Seifried of Zaner Ag Hedge discusses how this potentially massive crop could weigh down U.S. prices with AgDay host Clinton Griffiths above.

Back to news


Spell Check

No comments have been posted to this News Article

Corn College TV Education Series


Get nearly 8 hours of educational video with Farm Journal's top agronomists. Produced in the field and neatly organized by topic, from spring prep to post-harvest. Order now!


Market Data provided by QTInfo.com
Brought to you by Beyer