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Brazilian soybean 2019 fall

According to information received from Ministry of Agriculture Crop Analysers, the Brazilian soybean 2019 crop is loom to have a huge downfall. This is due to   last three months being marked by below-normal rainfall in Brazil mainly in the soybean producing zones, whereas farmers are bracing for losses due to weather dry conditions and high temperatures that ruined the plantation in the fields.

According to R/E Agriculture Weather Dashboard data, rains will are below the historical average through Jan/Feb. in 10 states where is included Mato Grosso do Sul, Mato Grosso, Goiás, Paraná and São Paulo. Together, these account for almost two-thirds of all the national soy production.

In the northeast of Mato Grosso, Brazil’s largest soybean producer, rains are forecast to be 50 millimetres (1.97 inches) below average for this time of year. In the south of the state of Paraná, Brazil’s No. 2 producer, fields will receive 20 millimetres (0.79 inches) less rain than normal, the data showed.

The government estimates national soybean output at around 120 million tonnes. Before the drought reports, some analysts saw a potential to produce nearly 130 million tonnes.

So far, no major agribusiness consultancy has revised output forecasts lower.

In Paraná state, losses are estimated at between 500,000 tonnes and 600,000 tonnes, roughly 3 percent of the state’s production, according to estimates by Ocepar, an association of farm cooperatives. Ocepar manager said in some fields farmers collected between 15 and 20 0-kilo bags per hectare, compared with 58 bags per hectare under normal conditions.

In Mato Grosso do Sul, some producers face potential yield losses of around 40 percent, in that area, farmers may start harvesting two weeks in advance to mitigate the effects of the drought on the crop.

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02.19.2019

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