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Brazil soybean output forecast raised to 112.5mn tonnes

  SAO PAULO: Oilseeds industry group Abiove on Tuesday raised Brazil's 2016/17 soybean output forecast to 112.5
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By Shoaib Ur Rehman

 

SAO PAULO: Oilseeds industry group Abiove on Tuesday raised Brazil's 2016/17 soybean output forecast to 112.5 million tonnes, a 1.6 percent increase from an outlook released in April, according to a statement.

Abiove raised Brazil's soybean export forecast by 2.3 percent to 61.7 million tonnes, the statement said.

 

Copyright Reuters, 2017
 

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