Rains slow Brazilian soybean harvest
Excessive rains have bogged down Brazil’s soybean harvest for the 2024-25 season, and unfavourable weather has delayed the planting of the second corn crop, Reuters reported, citing agribusiness consultancy AgRural. As of Jan. 17, farmers had harvested just 1.7% of the planted area for the current season, the lowest level for this time of year since...
Dryness expected in Brazil, Argentina
La Niña still has not evolved after various computer forecast models predicted it was imminent since last spring. Changes in ocean surface temperatures finally have become significant enough that traditional La Niña-biased conditions are beginning to show up around the world. An official La Niña event may not ever evolve, or if it does evolve...
Brazil expecting record grain output
Brazil is anticipating a bin-busting grain harvest in the 2024-25 marketing year, according to a report from the National Supply Company (Conab), released on Dec. 12. Conab forecasts record grain production at 322.4 million tonnes, which would represent an 8.2% increase from 2023-24. The company projects that 81.39 million hectares will be sown in the...