USDA attaché increases Brazil 2024/25 soybean crop forecast to a record 165 mln tonnes

The USDA attaché in Brazil increased its estimate for the country's 2024/25 soybean crop to a record 165 million tonnes, up by 4 million tonnes from the previous estimate, with exports estimated at a record soybean 105 million tonnes in 2025, while increasing production estimates, a report showed late on Friday December 27.