News

Brazilian farmers plant 85% of soybean area, but will harvest less due to climate

Soybean
Brazil
Sustainability & Environmental Impact
Oil & Fats
Market & Price Trends
Published Dec 5, 2023

Tridge summary

The soybean crop planting in Brazil for the 2023/24 season has reached 85% of the estimated area, compared to 74% the previous week. Excessive rains in the south and drought in the center-west have disrupted planting and reduced yield potential. Due to the unfavorable weather conditions, Brazil's overall soybean production estimate for the current season has been lowered to 159.1 million tonnes.
Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.

Original content

Work is progressing in the world's largest producer and exporter of the oilseed amid excessive rains in the south of the country and a drought in the center-west, which not only disrupted planting but reduced yield and production potential in the first weeks of the season, AgRural said. The pace of planting work improved compared to the previous week, AgRural highlighted, citing notable progress in the state of Rio Grande do Sul, where soybean producers were able to begin sowing fields in the intervals between heavy rains. The north and northeast of Brazil also made relatively good progress during the week ending last Thursday, but erratic rainfall continued to make planting difficult in many parts of the region, AgRural noted. Due to excessive heat and lack of rain in the main producing states, such as Mato Grosso, AgRural last week made a new cut ...
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