The end of the rains has accelerated soybean harvesting and corn sowing in Brazil

Dry weather in Brazil in September-October last year delayed the sowing of soybeans, which led to an increase in quotations. Although farmers planned to increase sowing areas amid rising soybean prices, they were in no hurry to sow in dry land. Gradual increases in rainfall have improved harvest prospects, and excessive rains have even delayed harvest in January and February, especially in the southern states, where second-crop corn is sown after soybeans, which has already led to higher corn prices. According to the latest weekly report of the consulting agency Agrural, due to dry weather over the past week, farmers have accelerated soybean harvesting in major regions, where as of last Thursday, 9% of soybean areas were threshed compared to 20% a year ago. The slowest harvest is in the state of Mato Grosso, where, according to IMEA, soybeans are harvested only 22% of the area compared to 58% a year ago. The dry weather forecast in Brazil next week will speed up soybean harvesting ...