Brazil: Oilseeds and Products Update
Link to report:
Post increased its estimate for soybean production in 2024/25 to 161 million metric tons (MMT), from the previous estimate of 160 MMT. Another record export is expected in 2024/25 with Post forecasting 102 MMT, exceeding the estimate for the previous season of 99 MMT. For 2024/25, Post revised the forecast for soybean crush up to 55.5 MMT, a 2.5 percent increase compared with the 2023/2024 estimate.