You are here

Brazil's next survey of soy crop likely to show further decline -official

BRASILIA, Feb 12 (Reuters) - Brazil's next survey of the 2018/19 soy crop is likely to show even further decline in estimated output based on dry weather experienced in January, said Eduardo Sampaio, farm policy secretary at the Agriculture Ministry, on Tuesday.

The current survey showed a drop of roughly 3.5 million tonnes in output, compared to the previous survey in January, to 115.3 million tonnes of soy for the crop year. But that survey was carried out before a period of dry weather in January had ended, Sampaio said, indicating some additional damage to the crop from that drought may surface in the next survey set for release in March. (Reporting by Jake Spring)

© Copyright Thomson Reuters 2019. Click For Restrictions -

Read more about

Talk in Marketing

Most Recent Poll

Will your planting schedule be delayed?