Paraguay needs to harvest just five percent of the total wheat surface. The area planted was 1.5 million acres. According to Brazilian consultancy Trigo & Farinhas, the total volume of output might be 1.2 million metric tons in this season. The current yields are at 69.81 bushels (1,950 kilograms per hectare). In some areas, the current price of the cereal is US$ 145 per ton.
The second biggest soybean producing state of Brazil, Paraná, has banned the planting of the second soybean crop through an ordinance published yesterday. The goal of the measure is to curb the proliferation of the Asian Rust over the crops. The punishments for those who break the norm start with a warning, can become a fine and, if it is repeatedly, the destruction of the crops.
A report released to the press by consultant Flávio Roberto França Júnior the sales of soybeans in Brazil reached 93 percent of the old crop, that is the 2014/2015 season. Compared to October of last year, there was 91 percent of the previous crop sold, which is the average for the last five year. According to França Júnior, the traction was pushed by an improvement of domestic prices of the oilseed and the average of the value of the Real against the U.S. dollar, which got stronger during September.
The wheat harvest has already started in Rio Grande do Sul, the southern-most state of Brazil. Top producing locations such as Santa Rosa and Ijuí in the northwest of the state have began the works and the harvest got to two percent of the planted area, says the Rural Institute of Technical Assistance. Most of the cereal planted is considered to be in good conditions and right now 11 percent of crop is mature, that is, ready to be harvested. Local agronomists affirm that the works will be intensified over the next days. The yields may be under the average of the last five years.
Consultancy AgRural reported last Friday that the volume of moisture in the southern state of Paraná and the return of rains in the Center-western part of Brazil enabled the advance of works and the soybean planting reached three percent of the forecast surface. But the irregular rains in Mato Grosso are still an issue of worry. According to Fernando Muraro, director of the consultancy based in Curitiba, the tight margins of the season limit the works to areas with more moisture and the speed of the planting could be greater. In Paraná, on the other hand, the planting reached 16 percent of the area.
Brazil registered in September the highest volume of soybean exports for the month in history with 3.71 million metric tons exported in the period. In the meantime, corn exports reached 3.46 million metric tons at the time. The data came from the Ministry of Development, Industry and Foreign Trade. Compared to the same month of 2014, the soybean exports jumped 39 percent. Accounting the volume exported over the year, there is also a record of 49.5 million metric tons.
Argentine grain broker Guillermo Bouliá told Buenos Aires newspaper Clarin that many people in the field has been awaiting the definition of Argentina’s presidential election to define their corn acres. “Today, we expect that the surface would drop from 25 to 30 percent, but that can be even bigger depending on the final results of the election,” said Bouliá.
The vital aspects of the political definition for farmer are the currency policy, the maintenance or not of the export taxes, and the export quotas. Daniel Scioli, the current front-runner of the race, announced recently he would reduce corn export taxes. The election will be hold at October 25.
Farmers from the Brazilian state of Paraná, the second biggest soybean producing state in the country, have manifested worries about a legislation that is likely to ban the planting of the second soybean crop. The law that is being discussed in the state proposes the prohibition to avoid the dissemination of the Asian Rust, after some Embrapa studies were released revealing that the lack of rotation was the reason for the outbreak. The fallowing in Paraná currently starts in June 15 and goes until September 15, but the government intends to anticipate it to May. According to some local cooperative unions, that would reduce the cost of application of some fungicides. Farmer Nelson Bortoli, on the other hand, said that a lot of municipalities in Paraná depend on the income coming from the second soybean crop.
The Buenos Aires Cereal Exchange released a new forecast which says that the corn surface in Argentina will fall to 8.4 million acres in the next season (2015/2016). That would a drop of 20 percent in compared to 2014. The report also reveals that the level of technology applied to the corn crops should decrease too. Very early works started planting in the provinces of Santa Fe and Entre Ríos, so far presenting good conditions.
The soybean planting in the Brazilian state of Paraná reached 10 percent of the surface last Friday, according to data released by consultancy AgRural. In the same week of 2014, planting was at seven percent of the area. In the western part of Paraná, where most of the beans are planted, the works have been intense with the forecast of rains coming in the next days.
In Mato Grosso, on the other hand, planting has been delayed because of dry weather and has been limited to the areas where farmers intend to produce cotton. In Mato Grosso do Sul, producers also await for more rains. The national average of soybean planting went to two percent of the area, AgRural says.