News list for " 167 million tons"

Rabobank expects Brazil's soybean production to reach a record 167 million tons

Gold Ten Futures, October 31, according to foreign media reports, Rabobank estimates that the area planted with soybeans in Brazil in 2024/25 is expected to increase by 1.5% from the previous year to 47 million hectares, indicating that the growth rate is slower than in recent years due to "shrinking profits." Brazil's harvest could reach a record 167 million tons, taking into account the yield trend line. Despite observing "significant delays" during soybean planting, Rabobank did not lower its...

clock
2024-10-30 23:15:05
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.