Brazil is currently planting and harvesting soybeans at the same time. According to Dr. Michael Cordonnier of the Soybean and Corn Consultant, this is an unusual situation.
Dr. Cordonnier explained: "They started harvesting some soybeans in Mato Grosso last week – and now, these are the soybeans that were planted on September 1st. ”。These cotton producers were allowed to plant soybeans a few weeks earlier than normal, so the yields were very small, but they were already harvested at the end of November, which is a bit unusual.
The remaining crop is in the northeast of Brazil, where it has been dry, and in the south of Brazil, where it is wet, so soybean cultivation in Brazil is progressing very slowly. ”
The economist lowered Brazil's soybean production by 1 million tonnes to 15.7 billion tons. The corn harvest** has also decreased.
"I lowered that number 3 million times today to 118," he said. ”。Everyone said they would plant less sassafras corn by at least 10 to 15 percent of the area, some said 40 to 50 percent less, and everyone said we would spend less on the sassafras corn crop because it would be planted later. ”
The expert attributed much of Brazil's planting adjustments to the region's unstable weather patterns.
"The weather is a bit erratic because it's probably the early end of the summer rainy season, and Mato Grosso is also low in corn**, so no one wants to take a big risk to soften your corn," Dr. Cordonnier said. ”。
In the case of Argentina, the weather has improved a lot compared to the historic and devastating drought experienced by farmers last year, Dr. Cordonnier said.