By Eduardo Paim:
corn:
Corn production in the 2012/2013 harvest that
will be harvested in July in Mato Grosso can reach approximately 17.3
million tonnes. A new survey was done by the National Supply Company
(Conab). Corn Harvested will be Approximately 11% more compared to what was harvested in the
previous season (15.6 million). The area for planting corn harvest is
about 3.3 million hectares (an increase of 23.4% over last year's area).
If
the rains continue to fall until the end of April we will have a lot of
corn here. Most producers here did not hedge the price of corn
because they wanted more than $ 12.00 per bag, best price in Mato Grosso
was U $ 10.50 per bag (December 2012). Today we have only $ 7.00 per
bag. It would be good to have at least $ 9.00. The government in Brazil
continues to buy corn at auction to replenish inventories.
soybeans:
Some
small farms in northern Mato Grosso are still finishing the soybean
harvest, and are having great difficulty because it's raining
a lot. It is but few hectares. Overall suppy in Brazil will not be as
large, the states that are producing well will balance the states that
produce poorly. Overall we have about 22% to a maximum of 25% of
soybeans available. It is a little work for all businesses by the end of
2013.
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