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CONAB increases Brazil’s 2022/23 Soybean crop estimate to 153.5 MMT
Published on: Nov 12 2022, 11:34
Brazil’s Agriculture Statics Agency (CONAB) in its November assessment has raised Brazil’s 2022/23 soybean crop estimate to 153.50 MMT from its previous estimate of 152.35 MMT, up by 1.15 MMT. CONAB rose soybean’s acreage by 350,00 hectares to 43.24 million Hectares. Higher soybean crop is due to 4.2. percent rise in planted area.
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