SAO PAULO (Reuters) – Coamo, the largest farmer cooperative in Brazil, expects to receive 3.6 million tonnes of soybeans from the 2021/2022 crop, a drop of 40% compared to initial expectations amid crop failure caused by a drought.
In an interview with Reuters on Thursday, Coamo Chief Executive Airton Galinari said the company had projected to receive 6 million tonnes from the farmers initially, a volume that would exceed the approximately 5.1 million gotten last year.
(Reporting by Roberto Samora; Writing by Ana Mano)
