Brazil’s 2017/18 soybean crop seen at 111 mln tonnes

Brazilian farmers are expected to collect 111 million tonnes of soybeans in the 2017/18 season. Also estimates a 3 percent rise in soybean planted area, to a record 35 million hectares, as more farmers opted to plant the oilseed instead of corn during the Brazilian summer. Last season, Brazilian farmers collected a record 114.7 million tonnes of soybeans.