Conab increases Brazil's soybean, corn output, estimates for 2024/25 soybean exports in 2024

Brazilian food agency Conab has increased its estimate for the country's soybean crop in 2024/25 to 166.14 million tonnes and corn output was raised to 119.8 million tonnes, following favorable weather for crop sowing and development, while increasing soybean 2024 export estimates to 98 million tonnes, its monthly report showed on Thursday November 14.