date:Jul 16, 2012
ing global demand as well as a robust soymeal and soyoil industry, soybeans are perhaps Brazil's most-liquid cash crop, analysts said. China buys more than two-thirds of Brazil's soybean exports in a given year.
Informa Economics FNP estimated that Brazilian growers have fixed sales of their upcoming soybean crop about twice as quickly as last year. The firm estimated 34.5% of 2012-13 production has already been pre-sold with cooperatives and traders.
The Brazilian real, weakened by government