‘Important Share’ of Soy Production from Flood-Impacted Brazilian State to be Lost: USDA FAS

Unprecedented flooding in the southern Brazilian state of Rio Grande do Sul could take a hefty toll on country’s total expected 2023-24 soybean production, says a new report from the USDA’s Foreign Agricultural Service (FAS). Released Thursday, the report – which is based on estimates from the Association of Technical and Rural Extension Enterprises of Rio Grande do Sul (EMATER/RS) - said the afflicted state was poised to harvest a total soybean crop of 22.3 million tonnes, a n