Brazilian crop estimating agency Conab raised its official Brazilian corn crop estimate 2.2 MMT to a record 129.9 MMT, as safrinha production is expected to be higher than previously forecast. Conab raised its 2022-23 Brazilian corn export forecast to 50 MMT, up 2 MMT from its prior outlook. The Brazilian soybean crop estimate inched up 100,000 MT to a record 154.6 MMT. Conab kept is 2022-23 Brazilian soybean export forecast at 95.6 MMT.
Conab Raises Brazilian Corn Crop, Export Forecasts
Brazilian crop estimating agency Conab raised its official corn and soybean crop estimates.
(Farm Journal)
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