Tuesday, December 9, 2008

Soybean Crop In Brazil Coped Trading Hits 93% Safras - Dec 09, 2008

The trading of the 2007/08 soybean crop in Brazil coped with slow-moving weeks, repeating the performance detected practically since the start of the season. Till the week ended on December 5, the S&M report pointed to a 93% trading, against 94% in 2007, and the normal average of 92%. Considering a crop estimated at 60.435 million tons, the volume of soybeans already committed amounts to 55.970 million tons.

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