SAO PAULO: Brazil's 2010/11 soybean crop forecast was raised to a record 72.55 million tonnes, up from 70.56 million tonnes seen in early April, grains analysts Celeres said on Monday.
In its tenth report on the current crop, Celeres said average Brazil yields should reach 3.019 tonnes per hectare, up from 2.936 tonnes per hectare seen in April.
Brazil harvested 68.5 million tonnes of soybeans in 2009/10.
By April 29, 95 percent of the crop had been harvested across Brazil the world's second largest soy grower and exporter up from 91 percent the week earlier but lagging the 97 percent at this time in 2010. The annual difference was due to the late start to planting from a delay in spring rains.
On average, Brazil harvests 93 percent of its crop by this week in the season.
Below is a table detailing the progress of the soybean crop harvest and sales, according to the weekly report by Celeres.
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