IGC boosts global soybean forecast to record

05.08.2013

The International Grains Council (IGC) has increased its outlook for global soybean output for 2013/14, pegging the crop at a record high.

In its August monthly report, the IGC said world soy output would reach 285 million tonnes in the coming season versus and expected 268 mln tonnes for 2012/13.


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