BRAZIL CUTS CROP ESTIMATE
Mar 15, 2005 12:00 PM, Compiled By Greg Lamp
The Brazilian marketing consultant Safras & Mercada has cut its estimate of Brazil's 2005 soybean crop to 61.16 million metric tons (MMT) from a previous forecast of 63.57 MMT, made on Dec. 10. The new forecast still represents an increase of 23% over the firm's 2004 production figure.
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