1/18/2016

Weather concerns slow Brazil soybean sales in December

Sales of Brazil's current 2015-16 soybean crop were slowed by producers' concerns over irregular rains in December in the early harvesting center-west regions of the grain belt. The analyst estimates that 48 percent of the prospective crop that is in the early stages of harvest has been sold. That is still up from the 44 percent average sold by the end of the year, but sales advanced a meager 4 percentage points from the end of November.