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Re: VIetnam & Brazilian Crop
According to the USDA June report, the ‘22’23 crop is expected to be 30.93 mln bags for Viet Nam. Brazil is all over the place. The forum’s consensus is 58.8 mln bags but there are a lot of lowballs. I personally agree with Safras & Mercado who is usually reliable. They project 61.1 mln bags.