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Tuesday, February 10, 2015

Soybean Harvest Estimates in Brazil

By Eduardo Paim:

In the last seven days we have regular and good rains helping soybean crops not yet harvested. In all states of Brazil there was a lack of rain and this will certainly lead to a decline in production. News that in Mato Grosso do Sul state (next to Mato Grosso) soybean production should reduce by 50%, here in Mato Grosso are seeing average reduction of 15% in the beginning of harvest was released today.

It is too early to say the size of the reduction, since we have plantations of 60 bags per hectare, 40 bags and even 30 bags per hectare, and we are starting, failed rains early in the planting and harvesting it did start later.

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