AgResource Brasil, a subsidiary of the US company AgResource Company, revised its forecast for soybean production in Brazil again and made a cut of 6 million tons, or 4.5%, compared to data released in early January. Now, the harvest is indicated at 125.04 million tons, compared to 131.04 million tons.
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AgResource in the News
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Global Grain Shuffle: Is The End Of U.S. Grain Export Dominance Near? | AgWeb
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Soybean Harvest Is Just Beginning in Brazil. Here’s What the Crop Looks Like
After a week in Mato Grosso, the AgResource team estimates a final yield estimate of 60.3 bu. per acre, which is 8 bu. more than CONAB’s current forecast.
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USDA's Reports Had an Even Bigger Surprise Than the 1.6 Million Acre Drop In Corn, and It Deals with Demand
USDA’s January reports last week sent some supply shocks to the market. The agency penciled in a 1.6 million-acre-drop to U.S. unharvested corn acres, but the bigger concern may be the trend of dropping demand.
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$6 Corn In 2023? Why The Bulls and Bears Are Now In For the Ultimate Battle
2022 has been a historic year for grains. From weather and concerns about the war in Ukraine, grain prices remained elevated this year. But, some analysts think the tide is starting to change for 2023.
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AgResource Brasil cut soybean crop to 125.04 million tons
Raphael Mandarino | January 31, 2022
AgResource Brazil reduces Brazilian soybean crop by 10 million tons to 131.04 million tons
Raphael Mandarino | January 6, 2022
AgResource Brasil, subsidiary of the North American company AgResource Company, reduced its estimated soybean production in Brazil by 10 million tons, or 7.08%. In November, consultancy projected production of 141.03 million tons and in the January projection, the number dropped to 131.04 million tons.
AgResource Brazil reduces summer corn production to 23.7 MMT
Raphael Mandarino | December 21, 2021
AgResource Brasil, a subsidiary of AgResource Company, dramatically reduced Brazilia summer corn production, which went from 28.15 MMT in November to 23.75 MMT in the December, down 15.6%.
