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Brazil’s Soybean Harvest Moves Over Halfway Finished
Brazilian producers have accelerated the soybean harvest in the past week.
The harvest rose to 56% last Thursday, March 9, according to AgRural’s survey. The result is ahead of the 52% registered in the same period last year and the five-year average of 47%.
In the states of North and Northeast Maranhão, Tocantins, Piauí, and Bahia (known as matopiba), the results are surprising. “Producers continue to report higher-than-expected yields. The productivity of these states could be raised again, further increasing the size of Brazilian production,” says AgRural. The consultancy increased its soybean production estimate from 105.4 million to 107 million tonnes. The estimate could be revised up again in April.
The state of Mato Grosso do Sul is close to finishing the soybean harvest, with 92% of the area harvested. Mato Grosso, Brazil’s largest soybean-producing state, has 88% of its area harvested, which represents the highest harvest rate in the state’s history for this period. Paraná, the second-largest state producer, continues with a slight delay in the harvest. Paraná harvested 59%, lower than the harvest of 68% of the same period last year. Rio Grande do Sul, the third-largest soybean-producing state, harvested 1% of the planted area. Farmers expect record productivity, AgRural says.
The climatic conditions are favorable for the soybean harvest and planting of the second corn crop. Planting of the second corn crop reached 88%, above the 85% rate last year and 83% of the four-year average.
The state of Mato Grosso has already sown 99% of the second corn crop.