USDA Drop Argentine Soybean Estimate 4MMT
The USDA today dropped its estimate for Argentine soybean production for the 2008/09 crop by 4 MMT to 39 MMT.
This revised estimate now pulls the USDA into line with other private and official figures of around 39-40 MMT.
There were no other significant changes to any of the other world crop production numbers, with Brazilian soybean output left unchanged at 57 MMT.
This revised estimate now pulls the USDA into line with other private and official figures of around 39-40 MMT.
There were no other significant changes to any of the other world crop production numbers, with Brazilian soybean output left unchanged at 57 MMT.