date:Oct 17, 2012
percentto 37.8 bushels per acre and above trade estimates for 37.0bushels. Soybean production this year was raised 8.5 percent to2.860 billion bushels.
The USDA has forecast Brazil's soybean crop for next year at81.0 million tonnes, up from this year's output of 66.5 million,with Argentina's crop next year was pegged at 55.0 milliontonnes, up from this season's harvest of 41.0 million.A cold front that moved into southeastern Brazil over theweekend will also likely bring light rainfall to the