Favorable Weather Outlook Boosts Brazil’s Soybean Production Prospects

The likelihood of a weak La Niña event has reduced the risk of drought for soybean crops in southern Brazil and Argentina for the 2024/25 season. This development has led StoneX, a prominent consultancy firm, to maintain its optimistic forecast for Brazil’s soybean production. StoneX predicts a record-breaking harvest of 165 million tons for Brazil’s […]