Brazil soy output at top farm state may drop 15% amid torrential rains
Flooding due to heavy rains in the city of Encantado/ SAO PAULO (Reuters) - The outlook for soy production in one of Brazil's biggest farm states is deteriorating quickly after heavy rains disrupted harvesting with about a quarter of fields left to reap from in Rio Grande do Sul. The situation has dampened farmer sentiment in Brazil's southernmost state, where soy production was at one point in the 2023/24 season expected to be a record after at least two years of drought slashed output in the region./ Leandro da Silva, who manages a grains ...
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