Agence France-PresseNovember 8, 2013 15:16
Brazil, the world's second-largest soybean producer, is expecting a record harvest this year as well as in 2014, according to monthly official estimates released Friday.
The Brazilian Institute of Geography and Statistics (IBGE) said this year's soybean output should reach a record 81.3 million tons, up 23.8 percent over the previous year.
For 2014, production is expected to soar to 86.3 million.
The total grain and oilseed output in 2013 should reach 186.8 million tons, less than previous estimates and 15.4 percent less than in the previous year.