Brazil Soy Crop Forecast Cut to 65.9 Million Tons, Abiove Says

Soybean growers in Brazil, the world’s second-biggest producer after the U.S., will harvest less than previously forecast in the marketing year that started Feb. 1, industry group Abiove said.

Growers will harvest 65.9 million metric tons of the oilseed, Sao Paulo-based Abiove said in an e-mail report dated yesterday. The estimate was cut from 69.5 million tons forecast on March 2, Abiove said.

To contact the reporter on this story: Lucia Kassai in Sao Paulo at

To contact the editor responsible for this story: Dale Crofts at

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.