Golden Ten Futures, May 24, according to foreign media reports, agricultural consultancy Datagro said on Friday that Brazil's 2023/24 annual soybean production forecast was lowered to 147.57 million tons, and its previous output forecast was 147.96 million tons. Datagro said that Brazil's 2023/24 annual soybean production forecast is expected to decrease by 10.8% compared with the previous estimate, which is the reason for the downward revision of Brazil's soybean output forecast.
Golden Ten Futures, May 8, according to foreign media reports, some industry analysts said that the harvest of crops in the central part of Argentina's Pampas was significantly delayed, so the country's soybean production forecast was lowered to 48.50 million tons, about 2% lower than the previous estimate. Argentina's soybean planting area is expected to be 16.90 million hectares, slightly lower than the estimated 17.30 million hectares of the Buenos Aires Grain Exchange and the Rosario Grain E...