date:Jan 16, 2013
The USDA forecasts Brazil soybean production for 2012/13 at 82.5 million tons, up 1.5 million, or two per cent, from last month and up 16.0 million, or 24 per cent, from last years drought affected crop.
Area is estimated at 27.5 million hectares, unchanged from last month and up 2.5 million hectares, or 10 per cent, from last year.
Yield is forecast at 3.00 tons per hectare, compared to 2.66 tons per hectare last year and the five-year average of 2.85 tons per hectare.
Yield prospects for