Grains remain focused on new crop despite warming temperatures for Argentina. February 27, 2023

AgRural estimated Brazil's soybean harvest at 33% complete. 43% is last year's number. AgRural is the only major firm that deviates from a "routine trend yield" discussion. They lowered their estimate to 150.9 million tonnes recently. USDA and Conab are at 153.0 and 152.9 respectively. Last year's harvest was 129.5 using USDA's dataset.

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Allendale, Inc.
4506 Prime Parkway McHenry, IL 60050

1.800.2MARKET | 1.800.551.4626
Local: 815.578.6150 | Fax: 815.363.5511

service@allendale-inc.com

©2019 Allendale, Inc.
This communication is intended as a solicitation for business in the U.S. Please see our full disclaimer.
Site designed and developed by Turnkey Digital.