With an advance of seven percentage points in seven days, the soybean harvest in Brazil advanced to 16 percent of the planted surface, according to consultancy AgRural. The average for the last five year in this same period is 14 percent. The works gained strength in the states of Paraná, Santa Catarina, São Paulo, and Mato Grosso do Sul. In those parts of the country, the rains have favored the harvest, but the weather is still an issue of worry in Maranhão, Tocantins, Piauí and Bahia. In Rio Grande do Sul, the harvest is just starting. AgRural forecasts a total crop of 99.7 million metric tons.
Since the beginning of 2016, right after the export taxes on grains have ended, the grain and oils exports have accumulated US$ 3.026 billion. Considering this week alone, the sales have reached US$ 549 million, according to the Center of Cereal Exporters. There was a jump that generated US$ 455 million. Analysts blame a depreciation of the Argentinean Peso for more sales.
According to the Mato Grosso Institute of Agricultural Economics (Imea), the sales of the new soybean crop reached 60 percent of the volume that is expected to be harvested in the Brazilian state of Mato Grosso. Since December, there were sales of over 1.2 million metric tons in that state, which is the top producing in Brazil. In the same week of last year, sales had reached 49 percent of the crop. Analysts blame a higher dollar value in the country for the greater volume of sales.
Twenty days away from the harvest of corn and soybeans in Argentina, a strike of truck drivers is about to come. The Federation of Argentinean Transporters demand an update of 28 percent of the freight costs. They argue that they need this update because the inflation of last year.
The corn and soybean exports that happening through the North Arc of Brazil – that encompasses the ports of Itacotiara (Amazonas), Santarém (Pará), Vila do Conde (Pará), Itaqui (Maranhão) and Salvador (Bahia) – jumped from 13 million metric tons in 2014 to 20 million metric tons in 2015, which is a 54 percent growth. These ports used to ship about eight percent of the total grain exports of the country, but now jumped to 20 percent. The data is from Brazil’s Ministry of Agriculture, Livestock, and Supply. The relevancy of this is that farmers avoid more cost avoiding the miles that would have to go over to get to the ports of Santos or Paraná in the South and Southeastern parts of the country, partly using waterways.
The harvest of soybeans in the Braizilian state of Paraná reached 17 percent of a surface of 1.3 million acres. From last week, there was a jump of 13 percentage points. According to local authorities, 83 percent of the crop is in good conditions. Of those beans still in the field, 44 percent are at maturation stage and 40 percent on fructification.
During the last two months, Argentina has exported 627,632 tons of low-protein wheat and 614,985 of wheat for conventional bread. With a more open trade policy with the new government, the country has accessed 14 different markets: Brazil, Chile, Indonesia, Malaysia, South Korea, Taiwan, Thailand, Vietnam, Bangladesh, Morocco, and South Africa.
According to Luiz Pacheco, director of Trigo & Farinhas consultancy, these exports are also a result of a very poor crop. “This is the worst crop in terms of quality of the last nine years,” says Pacheco.
The soybean harvest in the Brazilian state of Mato Grosso advanced 4.5 percentage points last week, but just reached 8.2 percent of the projected surface, according to the Mato Grosso Institute of Agricultural Economics (Imea). Farmers took advantage of an interval of the rainfall that happened throughout last week. Yet, there is a delay of 2.1 percentage points comparing to the same week of 2015. On the other hand, the weather has been improving and the harvest progress has confirmed the most optimistic forecasts.
The Rural Institute of Technical Assistance of Rio Grande do Sul reported that the state advanced the corn harvest to 21 percent of the total planted surface. In some regions, the yields overcome 10 tons per hectare, according to the Institute. The temperatures recently in the southern-most state of Brazil have favored the crop development and most conditions are considered to be good.
Precipitations in the Brazilian state of Bahia in the end of December and early January have improved significantly the conditions of the soybean crops, according to local agronomists. With the return of rains, there will be just a slight a small reduction of the soybean surface, even though there was 10 percent of replanting of the soybean area.