SAO PAULO, April 3 (Reuters) - Drought over Brazil shrunk the world's second-largest soybean crop to an estimated 65.2 million tonnes this 2011/12 season, down from 67.1 million tonnes forecast in March, local crop analysts Agroconsult said on Tuesday.
Brazil put out a record harvest of 75.3 million tonnes of soybeans last season. Strong exports of the 2010/11 crop late last year will likely allow Brazil to displace the United States as the largest exporter of the world's most important source of protein.
Brazil put out a record harvest of 75.3 million tonnes of soybeans last season. Strong exports of the 2010/11 crop late last year will likely allow Brazil to displace the United States as the largest exporter of the world's most important source of protein.
