PALM NEWS MALAYSIAN PALM OIL BOARD Thursday, 28 Nov 2024

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MARKET DEVELOPMENT
MARKET TALK: Brazil Soy Crop On Track; Bearish For
calendar24-12-2004 | linkDow Jones | Share This Post:

(Dow Jones)--Despite lower-than-usual rainfall, analysts still expectingBrazil's center-west to produce 30 million-32 million tons of soybeans incurrent season (up from 24.6 million last year); that suggests Brazil'spotential record crop this season still on track, which ultimately pointto bearish year ahead for edible oil prices.