Soybeans in Parana, Brazil are 19% harvested, most advanced since 2019

Farmers in the state of Parana have harvested 19% of their 2023/24 soybeans according to the Department of Rural Economics (Deral). The harvest pace is the most advanced since 2019 when 25% of the soybeans had been harvested by the end of January. Last year at this time, only 1% of the soybeans were harvested. The harvest is accelerated this year because the soybean growth cycle was shortened due to high temperatures during December and early January. Additionally, the soybeans now being harvested were planted earlier than normal in early September. Deral recently lowered their estimate of the 2023/24 soybean production in the state by 2.6 million tons from 21.8 million in December to 19.2 million in January. In 2022/23, the state produced a record soybean crop of more than 22 million tons. As of late last week, the soybeans in Brazil were 11% harvested compared to 5% the previous year according to AgRural. The harvest has been pushed ahead by Mato Grosso where the ...