Brazilian farmers have started harvesting Soybeans began. The first field work began with farmers from the state of Mato Grosso, where most agricultural crops (Soybean, Corn, cotton, etc.) are grown in the country, analysts from the Institute of Agricultural Economics (Imea) reported.
“The work is only at an early stage. Less than 1% of the total area of soybean crops in the state has been harvested,” say experts.
Now the sowing of beans in the country is 97% complete. Rainfall contributes to the development of crops, especially in Mato Grossa and Parana, but its irregularity in other growth regions worries market participants.
Confrom estimates that Brazilian farmers will reach 153,5 million this season Tonnen Oil from an area of 43,2 million Hektar can harvest. And for example, AgRural expect a production of 150,5 million tons from 43 million hectares. Datagro expects a harvest of 152,2 million tonnes from 43,9 million hectares.
Currently, Brazil is the largest soybean producer in the world. The tropical climate and relative availability of space make this region ideal for growing Soybeans, Corn, but these two cultures are predominantly derived from foreign markets and cover much of the needs of the entire world market.
Source: oleoscope (Russian)