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USDA Monthly Report: Brazil's 2024/25 annual soybean production is expected to be 169.30 million tons

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2024-12-05 07:09:49
Gold Ten Futures December 5th news, Reuters released the USDA December supply and demand report in South America crop production data forecast, analysts on average expected, < br > ① Brazil 2024/25 annual soybean production of 169.30 million tons, the estimated range between 662-1.71 million tons, USDA previously estimated in November 169 million tons. < br > ② Brazil 2024/25 annual corn production of 127.09 million tons, the estimated range between 1.25-1 28.30 million tons, USDA previously estimated in November 127 million tons. < br > ③ Argentina 2024/25 annual soybean production of 51.35 million tons, the estimated range between 5100-54 million tons, USDA previously estimated in November 51 million tons. < br > ④ Argentina 2024/25 annual corn production is 50.86 million tons, with an estimated range of 4,950- 51.50 million tons, compared with the USDA's previous estimate of 51 million tons in November.