BRASILIA, Brazil (Reuters) — Brazil’s 2017-18 soybean harvest may be equal to or greater than last year’s record production, based on reports from the country’s deputy agriculture minister, Eumar Novacki.
The crop is all seeded and will be harvested in a few months.
“We have been talking to farmers, and I think we may have a harvest that is equal or larger than expected,” Novacki said in an interview.
He said he expected to reach an agreement with the United States soon on the ban on Brazilian fresh beef, and said Brazil has already sent information requested by the U.S. government.
Brazil may soon start buying Russian wheat, he added, as part of negotiations with Russia about another ban on Brazilian beef.
