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Golden Ten Futures, June 4, according to foreign media reports, crop agency Emater said on Tuesday that the loss of soybeans caused by the recent floods in Rio Grande do Sul in Brazil is estimated at 2.71 million tons. Emater said in a statement that it expects Rio Grande do Sul to produce 19.53 million tons of soybeans this year, lower than the forecast in March, due to storms and floods in the state in late April.
Agricultural consultancy PATRIA AGRONEGOCIOS: The loss of soybean production due to floods in southern Brazil is expected to reach 2.40 million tons.
In response to the devastation caused by recent floods and torrential rains in the southern region of Brazil, Binance Charities will donate $1 million in BNB to registered Binance users living in the affected area. In cities in Rio Grande do Sul that were severely affected by the heavy rains, user identification will be based on proof of address (POA) completed on or before May 6, 2024, and users who completed POA in the state before this date will receive $80 in BNB at their reward center.
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