Brazil's new soy crop seen at 109.43mn tonnes

SAO PAULO: Brazil's 2017/18 soybean crop should reach 109.43 million tonnes, according to an average from projections sent by analysts in a Reuters poll, as impacts from an early dryness in the season remain uncertain.

A previous poll in October saw a projections' average at 109.39 million tonnes.

Brazil should plant 34.8 million hectares (85.99 million acres) with soybeans in 2017/18, compared to an average view of 34.77 million hectares in October, as more farmers opt for the oilseed instead of corn in the first crop of the year.