Demand from food sector continues to grow

Will produce 25% more as demand remains strong

Will increase to €95 per tonne or ad valorem duty of 50%

Better margins for corn among reasons for slight decline

Emerging from severe drought, farmers planting larger area for 2024-25

Asks government to maintain economic relationship during geopolitical discussions

Soybean, soybean meal imports increasing as a result

Would not include grain moving through member nations for use elsewhere

World’s biggest importer seeks to boost domestic production

CONAB: Low rainfall, high temperatures take toll on soybeans