FAP, June 10 / PRNewswire-FirstCall-Asianet /-- the United States Department of Agriculture lowered Argentina's soybean production forecast for 2022 2023 to 25 million tons from 27 million tons (market expectation is 24.74 million tons).

The United States Department of Agriculture (USDA) lowered its soybean production forecast for 2022 Universe in Argentina to 25 million tons (market expectation is 24.74 million tons) from 27 million tons earlier, and raised its soybean production forecast for Brazil to 156 million tons (market expectation is 155.42 million tons) from 155 million tons previously.