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Thursday, February 6, 2014

Dry weather and heat are hitting Brazil.

By Eduardo Paim: 
In the last 10 days, we are having problems with rain here in Brazil. We still have a lot blooming soybeans and grain filling , because planting was later. The percentage of plants that need rain is much higher compared to last year, yet we can not say that there will be reduction in production caused by drought. We need rain for the next 5 days. If this does not happen it will start to hinder development.
The lack of rain in the last 10 days came from too much sun.  In the state of Rio Grande do Sul they had reports of muds who died of heat. Here in Mato Grosso where I also have a farm, chickens are suffering from heat, everyday. We're watering the roof to help cool, the sun is very hot!
The sun these days is helping accelerate the harvest and more like 5 days we have too much soy in the stores , do not know if Brazil will achieve a good logistics , we do not have good roads and ports are bad . Soybeans available is still limited and hard fought here in Rondonópolis , the producer who has ready for immediate shipment soy receive U $ 24.00 per bag (soy for next week or March already has lowest price of U $ 22.40 ) . The multi are ready to bring down the prices of soybeans so that the supply increase.

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