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Brazil's Conab raises soybean output view to 166.32 mln T
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SAO PAULO, Jan 14 (Reuters) - Brazilian crop agency Conab on Tuesday raised its forecast for domestic soy production in the 2024/2025 season to 166.32 million metric tons after making a minor adjustment in the growth of the oilseed's planted area.
In a new report, Conab also slightly lowered its total corn production forecast in Brazil to 119.55 million tons, reflecting in part a reduction of the country's first-corn area.
(Reporting by Ana Mano; editing by Jason Neely)
((ana.mano@thomsonreuters.com; Tel: +55-11-5644-7704; Mob: +55-119-4470-4529; Reuters Messaging: ana.mano.thomsonreuters.com@reuters.net))