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Brazil's Conab raises 2024/25 soybean output view to 167.87 million tons

ReutersApr 10, 2025 12:09 PM

- Brazil's national crop agency Conab on Thursday raised its forecast for 2024/25 soybean output in the world's largest producer and exporter to 167.87 million metric tones from 167.37 million tons.

The agency also predicted local farmers will harvest a total corn crop of 124.74 million tons, including 97.89 million tons of second corn, which represents about three quarters of the country's output in a given year.

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