It is reported that Brazil expects increases in its grain yield of 4.8% in the 2009-2010 harvest. Production could go to 141.6 million tons. This follows a strong 2008-2009 grain harvest of 135.2 million tons.
Projected gains are attributed to increased farm acreage and favorable weather forecasts.
Farmers are expected to plant more soy in coming months, given the lower markets in corn.