Brazil Soybean-Planting Forecast Raised by Safras

The report from Safras said that farmer may grow soybean 22.8 million hectares up from July estimated at 22.6 million hectares.....detail are.....

• Brazil, the world’s second-largest producer of soybeans, will plant more of the oilseed than previously forecast, research company Safras & Mercados said.

  Soybean growers will plant 22.8 million hectares (56.3 million acres) this year, up from a July estimate of 22.6 million hectares, said Flavio Franca Jr., an analyst at Safras. Farmers planted 21.7 million hectares last year...........read full news from Bloomberg