"Brazil Agribusiness Report Q4 2012" Now Available at Fast Market Research
BMI View: We have revised up again our forecast for corn production in 2011/12 on the back of strong yields for the country's second crop. We are slightly below consensus in our outlook for the soybean crop in 2012/13, as we believe a weaker-than-expected El Nino will present some downside risks to production. For sugar, our view for the harvest to pick up more strongly once weather concerns disappeared has played out very well, and we maintain our forecast for...
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