Losses in Brazil’s Rio Grande do Sul soybean output may reach 1 mln-2 mln tonnes due to floods: analysts

Losses in soybean production in Brazil’s Rio Grande do Sul are expected to total 1 million-2 million tonnes, sources told Fastmarkets; the state has been facing damages due to floods and landslides since April 29 and will continue to receive large volumes of rain in the next few days.