Environment
USDA increases outlook for Brazil's soy harvest
Due to favorable crop weather conditions, the U.S. Department of Agriculture increased its estimate of soybean production in Brazil for the 2025/26 year due on 'Tuesday. American farmers are already facing stiff competition from South American suppliers for global sales. Farmers and traders closely monitored the demand for U.S. soybeans from China, which is the world's largest importer. This was after a thaw between Beijing and Washington that occurred in October. In a report published monthly, the USDA maintained its estimate of U.S. soyabean exports from January but increased it for corn exports. According to traders, China is expected to...