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Soybean News - CONAB increases Brazil%EF%BF%BD%EF%BF%BD%EF%BF%BDs 2022/23 Soybean crop estimate to 153.5 MMT
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CONAB increases Brazil’s 2022/23 Soybean crop estimate to 153.5 MMT

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.