2022/23 Brazil soybeans are 33% harvested compared to 43% last year

Published Mar 3, 2023

Tridge summary

February weather in Brazil led to mixed conditions for soybean harvest, with wetter than normal conditions in the south-central states and drier conditions in parts of other states. Despite some setbacks, records in yield are expected in Mato Grosso, while yields in Rio Grande do Sul are anticipated to be disappointing. The final production estimate will depend on future rainfall in Rio Grande do Sul. As of late last week, the soybean harvest in Brazil was 33% complete, with Mato Grosso seeing good progress due to dryer weather. Planting in Rio Grande do Sul has finally been completed, thanks to recent rainfall.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

February weather in Brazil was wetter than normal in the south-central states of Parana, Mato Grosso do Sul, Sao Paulo, and southern Goias. February weather was somewhat dryer than normal in parts of Mato Grosso, northern Goias, and Tocantins. Rainfall last week in Brazil was greater in the south-central areas especially in Parana and southern Mato Grosso do Sul and it looks like that is where the heaviest rains will be again this week. Yields in Mato Grosso are going to set a record while yields in Rio Grande do Sul are going to be very disappointing. The good yields in central Brazil are going to compensate for much of the losses in southern Brazil, but probably not all the losses. The final soybean production estimate will depend on what happens in Rio Grande do Sul. If the state receives good rains from this point forward, the Brazilian estimate might increase 1-2 million tons. If the rainfall is disappointing in the state, the Brazilian estimate might decline 1-2 million ...

Source: UkrAgroConsult