A report from the Mato Grosso Institute of Agricultural Economics (Imea) revealed this week that corn exports from the Brazilian state of Mato Grosso reached a new record with 14.38 million metric tons shipped so far in the year. The average of the last five years was 13.40 million metric tons for the period. Total exports from the state would sum 17.14 million metric tons until the end of 2017.
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The Buenos Aires Cereal Exchange reported this Thursday (07.20) that Argentina has finished the soybean harvest with a total volume of 57.7 million metric tons produced, which is the second largest volume in 17 years. The average yields, on the other hand, were the highest in history.
All Argentinian ports, including Buenos Aires and Rosario, will not work for 48 hours, affecting grain exports, starting tonight. Unions complain that maritime safety is treated as “just another commodity”. In practice, no barge will be able to leave the country in that period. Unions seek new regulations that would assure the safety of professionals in local ports, channels, and rivers.
Data shared by Conecta brokerage, which is based in Asunción, Paraguay, says that the country would produce up to 3.4 million metric tons of corn in this season. Early this week, the harvest of the cereal had reached nearly 25 percent of the surface planted, while approximately 30 percent of the expected production volume is sold. The brokerage estimates final stocks of Paraguayan corn at 1.4 million metric tons by December of this year.
The country of Uruguay has released its new official grain stock numbers. The South American country has 1.4 million metric tons of soybeans, 123,157 tons of corn and 305,140 tons of wheat. The majority of the soybean stocks are located in the region of Colonia, while there is more corn in Rio Negro. The data is from the Ministry of Livestock, Agriculture and Fishery.
Pushed by days without much rain, the harvest works of the second corn crop advanced in Brazil to 16.2 percent of the total surface, according to consultancy AgRural. After an advance of 6.8 percentage points, there is still a delay of 20.5 percentage points compared to last year due to rains in several states. In Mato Grosso alone, the harvest reached 31.7 percent of the surface, while in Mato Grosso it did not advance to over 2.5 percent of the surface. Storage has been a growing problem in Mato Grosso with on farm mounting corn and capacity exceeded.
Data from the Buenos Aires Cereal Exchange reveals that there were some recent precipitations in the provinces of Buenos Aires, La Pampa, Córdoba, and Santa Fe, but mostly the weather has favored wheat planting during the current week with the majority of the works advancing in the most Northern parts of the country. In one week, planting progressed 11.8 percentage points to 64.8 percent of the surface of 13.5 million acres. The report also says that most of the already planted areas of the cereal have been under adequate conditions.
Argentina’s agricultural exports moved US$ 10.9 billion in the first six months of the year, according to data from the Center of Cereal Exporters. During last week alone, the sector moved US$ 308.7 million. Compared what was exported in 2016, it represents 45.6 percent of the sum of the whole year.
The weekly report of Brazilian consultancy AgRural informs that the second corn crop harvest in the center-south of Brazil has advanced 4.5 percentage points to 9.3 percent of the total surface. There is still a delay of 12.4 percent compared to last year, but close to the average of the previous four years.
The major delay is in the state of Paraná, where less than one percent of the harvest finished and a forecast of rain in the last week of June that worries the farmers. In Mato Grosso, on the other hand, the harvest has gone at a faster pace reaching 21.3 percent of the planted area. In all other states, the works did not progress to more than six percent of the planted surface.
The Buenos Aires Cereal Exchange has issued a new report this Thursday (06.22). It says that the institution ratifies its estimate for Argentina’s soybean production in this season at 57.5 million metric tons. This happens as there are only 1.1 million acres to be harvested yet. The volume would be only below the record of last year (60.8 million metric tons), but yields would be the highest in history even with the reported floods and the highest losses in 17 years.